Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.033%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$398as in the Price arb table
costs, in and out, $10k−$3933.930% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)−0.300%−$30 · spread now −0.033%, 7d avg +0.021%
=Together, before fees−0.235%+ Points / potential airdropExtended: Active · farm board−$24 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: KuCoin is 0.054% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01189 | 0.0104 | pay 0.0013% / 1h | 30m 47s | $61K | $237K | 5x |
| Short | KuCoin WUSDTM | 0.01189 | 0.0100 | get 0.0050% / 4h | 1h 30m | $386K | $213K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Extended. 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
- −$0.84
- Price spread: −0.033% → +0.021%
- −$5.44
- Slippage, 4 orders
- −$376.03
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$399.31
- Costs to cover
- 3.930%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; KuCoin: live order book, 67 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 Extended live order book, 31 min ago | 2.96 bp | 96.3 bp −$96 | 412.1 bp −$4,121 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 67 min ago | 16.88 bp | 115.8 bp −$116 | 297.4 bp −$2,974 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0254% | 1h | 0.01190 | +0.085% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.648% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01190 | +0.051% | $2.0M | $383K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01190 | +0.042% | $3.0M | $6.6M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01189 | −0.058% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01189 | +0.009% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01187 | −0.201% | $449K | $253K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01190 | +0.043% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTMshort | +0.0100% | 4h | 0.01189 | −0.033% | $386K | $213K | 50x | |
| Bitget WUSDT | +0.0100% | 4h | 0.01190 | +0.051% | $1.3M | $570K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01190 | +0.034% | — | $6.8M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01187 | −0.171% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01188 | −0.115% | $126K | $413K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01189 | long leg | $61K | $237K | 5x | |
| Coinbase International W-PERP-INTX | +0.0312% | 1h | 0.01190 | +0.085% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0587% | 1h | 0.01192 | +0.244% | $44K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1704% | 1h | 0.01193 | +0.266% | $148K | $184K | 20x | as long as short |
Extended W-USD
KuCoin WUSDTM
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
Bitget WUSDT
BingX W-USDT
Variational Omni W
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD