Settings8H · net · $10k
Funding arb · Price arb /

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.131%7-day average +0.315% · you sell dearer than you buy
Net, funding: paid 7d − costs−$925as in the Funding arb table
Net, price: spread back to 7d avg − costs−$961as in the Price arb table
costs, in and out, $10k−$9429.423% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 7 days+0.012%+$1 · spread now +0.131%, 7d avg +0.315%
Together, before fees+0.189%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.184% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.315%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ONUSDTM0.13010.0100pay 0.0050% / 4h16m 55s$704K$52K50x
ShortBinance ONUSDT0.13030.0100get 0.0050% / 4h16m 55s$5.7M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.131% → +0.315%
−$18.44
Slippage, 4 orders
−$920.25
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$960.69
Costs to cover
9.423%
Break-even
never at this rate
Slippage from KuCoin: live order book, 47 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 47 min ago16.78 bp423.3 bp −$423doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago3.85 bp54.4 bp −$54170.4 bp −$1,704doesn't fitdoesn't fit

ON on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONUSDT+0.0100%4h0.1301−0.023%$426K$34K5xas long as short
Binance ONUSDTshort+0.0100%4h0.1303+0.131%$5.7M$4.1M50x
Gate ON_USDT+0.0100%4h0.13010.000%$287K$25K5xas long as short
MEXC ON_USDT+0.0100%4h0.1303+0.131%$1.6M$558K50xas long as short
KuCoin ONUSDTMlong+0.0100%4h0.1301long leg$704K$52K50x
BingX ON-USDT+0.0100%4h0.1304+0.207%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1300−0.079%$23K$11as long as short
edgeX ONUSDC+0.0117%4h0.1303+0.130%$9K$132K10xas long as short