US

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0503%/8h= +55.1% APRnext payment +$2.52 per $10,000 · paid last 24h +0.102%

Price spread now: Binance against KuCoin+0.262%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,238as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,260as in the Price arb table

costs, in and out, $10k−$1,27512.754% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.370%+$37 on $10k

Price spread, last 7 days−0.111%−$11 · spread now +0.262%, 7d avg +0.108%

Together, before fees+0.259%+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.155% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin USUSDTM	0.01640	0.0100	pay 0.0050% / 4h	1h 56m	$4.1M	$289K	20x
Short	Binance USUSDT	0.01644	0.0603	get 0.0302% / 4h	1h 56m	$9.2M	$3.3M	10x

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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.262%Rate

Funding earned: $105.65
Price spread: +0.262% → +0.108%: $15.45
Slippage, 4 orders: −$1,253.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,154.28
Costs to cover: 12.754%
Break-even: 83.5 days

Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 13 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, 1 min ago	29.90 bp	636.5 bp −$637	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	2.75 bp	34.7 bp −$35	59.9 bp −$599	doesn't fit	doesn't fit

US on 10 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
Bybit USUSDT	+0.0100%	4h	0.01645	+0.293%	$3.2M	$910K	20x	as long as short
Gate US_USDT	+0.0100%	4h	0.01641	+0.091%	$2.1M	$586K	20x	as long as short
KuCoin USUSDTMlong	+0.0100%	4h	0.01640	long leg	$4.1M	$289K	20x
Variational Omni US	+0.0100%	4h	0.01645	+0.288%	$16K	$3K	—	as long as short
Bitget USUSDT	+0.0518%	4h	0.01648	+0.470%	$4.3M	$261K	10x	as long as short
Aster USUSDT	+0.0593%	4h	0.01640	+0.016%	$12K	$53K	5x	as long as short
Extended US-USD	+0.0600%	1h	0.01643	+0.198%	$5K	$99K	5x	as long as short
Binance USUSDTshort	+0.0603%	4h	0.01644	+0.262%	$9.2M	$3.3M	10x
MEXC US_USDT	+0.0616%	4h	0.01644	+0.250%	$5.5M	$111K	100x	as long as short
BingX US-USDT	+0.0628%	4h	0.01645	+0.299%	—	$1.3M	—	as long as short