Funding you earn now, next payment 12:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.102%
Price spread now: KuCoin against Binance−0.072%7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1881.880% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.072%, 7d avg −0.192%
=The price spread pays, funding is against you. KuCoin is 0.119% dearer against Binance than usual: you sell high and buy low (spread −0.072% now, against its 7-day average of −0.192%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.377% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000RATSUSDT | 0.00004139 | 0.0959 | pay 0.0479% / 4h | 1h 27m | $10.9M | $2.1M | 40x |
| Short | KuCoin 1000RATSUSDTM | 0.00004136 | 0.0932 | get 0.0466% / 4h | 1h 27m | $660K | $111K | 30x |
Binance 1000RATSUSDT
KuCoin 1000RATSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.63
- Price spread: −0.072% → −0.192%
- $11.91
- Slippage, 4 orders
- −$166
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$181.72
- Costs to cover
- 1.880%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; KuCoin: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 3.62 bp | 42.3 bp −$42 | 295.2 bp −$2,952 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 6.01 bp | 54.8 bp −$55 | 863.3 bp −$8,633 | doesn't fit | doesn't fit |
RATS on 10 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit 1000RATSUSDT | +0.0100% | 4h | 0.00004136 | −0.072% | $4.2M | $1.3M | 20x | as long as short |
| Gate RATS_USDT | +0.0100% | 4h | 0.00004129 | −0.242% | $2.4M | $550K | 25x | as long as short |
| Bitget 1000RATSUSDT | +0.0604% | 4h | 0.00004143 | +0.097% | $1.5M | $452K | 25x | as long as short |
| KuCoin 1000RATSUSDTMshort | +0.0932% | 4h | 0.00004136 | −0.072% | $660K | $111K | 30x | |
| Binance 1000RATSUSDTlong | +0.0959% | 4h | 0.00004139 | long leg | $10.9M | $2.1M | 40x | |
| BingX RATS-USDT | +0.0962% | 4h | 0.00004138 | −0.024% | — | $1.3M | — | as long as short |
| MEXC 1000RATS_USDT | +0.0964% | 4h | 0.00004140 | +0.024% | $711K | $161K | 125x | as long as short |
| edgeX 1000RATSUSDC | +0.0965% | 4h | 0.00004141 | +0.046% | $33K | $297K | 10x | as long as short |
| BloFin 1000RATS-USDT | +0.0985% | 4h | 0.00004144 | +0.121% | $1.0M | $10K | 40x | as long as short |
| Aster 1000RATSUSDT | +0.1225% | 4h | 0.00004135 | −0.094% | $25K | $20K | 5x | as long as short |
Bybit 1000RATSUSDT
Gate RATS_USDT
Bitget 1000RATSUSDT
BingX RATS-USDT
MEXC 1000RATS_USDT
edgeX 1000RATSUSDC
BloFin 1000RATS-USDT
Aster 1000RATSUSDT