Funding you earn now, next payment 12:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.29 per $10,000 · paid last 24h +0.139%
Price spread now: Binance against KuCoin−0.087%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$472as in the Funding arb table
Net, price: spread back to 7d avg − costs−$516as in the Price arb table
costs, in and out, $10k−$5025.021% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.087%, 7d avg +0.049%
=Funding pays, the price is against you. Binance is 0.136% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.049%). If the spread goes back, that is −$14 on $10k: about 7.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.304% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1959 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $1.8M | $3.6M | 50x |
| Short | Binance SOONUSDT | 0.1957 | 0.0158 | get 0.0079% / 4h | 3h 41m | $8.0M | $2.0M | 50x |
KuCoin SOONUSDTM
Binance SOONUSDTFunding 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
- $12.27
- Price spread: −0.087% → +0.049%
- −$13.6
- Slippage, 4 orders
- −$480.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$503.4
- Costs to cover
- 5.021%
- Break-even
- 294.2 days
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 12 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, 6 min ago | 3.82 bp | 234.6 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.55 bp | 40.1 bp −$40 | 143.5 bp −$1,435 | doesn't fit | doesn't fit |
SOON on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMlong | +0.0100% | 4h | 0.1959 | long leg | $1.8M | $3.6M | 50x | |
| Binance SOONUSDTshort | +0.0158% | 4h | 0.1957 | −0.087% | $8.0M | $2.0M | 50x | |
| Extended SOON-USD | +0.0160% | 1h | 0.1956 | −0.114% | $6K | $181K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0188% | 4h | 0.1962 | +0.168% | $2.0M | $516K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0660% | 1h | 0.1954 | −0.222% | $11K | $3K | 10x | as long as short |
| Aster SOONUSDT | +0.0688% | 4h | 0.1959 | +0.035% | $191K | $3K | 5x | as long as short |
| Bitget SOONUSDT | +0.0922% | 4h | 0.1957 | −0.087% | $9.2M | $317K | 25x | as long as short |
| Gate SOON_USDT | +0.0934% | 4h | 0.1955 | −0.189% | $3.2M | $141K | 50x | as long as short |
| Variational Omni SOON | +0.2344% | 4h | 0.1951 | −0.410% | $240K | $20K | — | as long as short |
| Bybit SOONUSDT | +0.4690% | 4h | 0.1946 | −0.648% | $2.5M | $1.3M | 25x | as long as short |
Extended SOON-USD
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Bitget SOONUSDT
Gate SOON_USDT
Variational Omni SOON
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SOON-USDT | +0.4783% | 4h | 0.1955 | −0.189% | — | $6.7M | — | as long as short |
BingX SOON-USDT