Funding you earn now, next payment 08:00 UTC−0.0197%/8h= −21.6% APRnext payment −$0.98 per $10,000 · paid last 24h −0.024%
Price spread now: Binance against KuCoin−0.050%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$849as in the Funding arb table
Net, price: spread back to 7d avg − costs−$828as in the Price arb table
costs, in and out, $10k−$8358.349% of the position
Funding, last 7 days−0.137%−$14 on $10k
+Price spread, last 7 days−0.160%−$16 · spread now −0.050%, 7d avg −0.119%
=The price spread pays, funding is against you. Binance is 0.069% dearer against KuCoin than usual: you sell high and buy low (spread −0.050% now, against its 7-day average of −0.119%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.137% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SIGNUSDTM | 0.01198 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $1.5M | $14K | 25x |
| Short | Binance SIGNUSDT | 0.01197 | −0.0097 | pay 0.0048% / 4h | 1h 17m | $2.3M | $1.6M | 25x |
KuCoin SIGNUSDTM
Binance SIGNUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$41.37
- Price spread: −0.050% → −0.119%
- $6.9
- Slippage, 4 orders
- −$812.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$869.39
- Costs to cover
- 8.349%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 2 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 KuCoin live order book, 8 min ago | 8.34 bp | 209.0 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 3.34 bp | 37.3 bp −$37 | 150.0 bp −$1,500 | doesn't fit | doesn't fit |
SIGN on 12 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SIGNUSDT | −0.0348% | 4h | 0.01198 | −0.033% | $10K | $3K | 5x | as long as short |
| ApeX Omni SIGNUSDT | −0.0309% | 1h | 0.01197 | −0.083% | $30K | $672K | 50x | as long as short |
| Variational Omni SIGN | −0.0279% | 4h | 0.01194 | −0.310% | $82K | $793 | — | as long as short |
| BloFin SIGN-USDT | −0.0149% | 4h | 0.01195 | −0.225% | $120K | $16K | 25x | as long as short |
| MEXC SIGN_USDT | −0.0102% | 4h | 0.01197 | −0.050% | $12.1M | $122K | 20x | as long as short |
| Binance SIGNUSDTshort | −0.0097% | 4h | 0.01197 | −0.050% | $2.3M | $1.6M | 25x | |
| Bybit SIGNUSDT | +0.0100% | 4h | 0.01195 | −0.225% | $2.1M | $352K | 25x | as long as short |
| OKX SIGN-USDT-SWAP | +0.0100% | 4h | 0.01196 | −0.167% | $646K | $254K | 20x | as long as short |
| Gate SIGN_USDT | +0.0100% | 4h | 0.01195 | −0.250% | $89K | $32K | 25x | as long as short |
| KuCoin SIGNUSDTMlong | +0.0100% | 4h | 0.01198 | long leg | $1.5M | $14K | 25x |
Aster SIGNUSDT
ApeX Omni SIGNUSDT
Variational Omni SIGN
BloFin SIGN-USDT
MEXC SIGN_USDT
Bybit SIGNUSDT
OKX SIGN-USDT-SWAP
Gate SIGN_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SIGNUSDT | +0.0100% | 4h | 0.01197 | −0.067% | $905K | $169K | 25x | as long as short |
| BingX SIGN-USDT | +0.0100% | 4h | 0.01197 | −0.092% | — | $6.6M | — | as long as short |
Bitget SIGNUSDT
BingX SIGN-USDT