AMAT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0364%/8h= −39.9% APRnext payment −$3.64 per $10,000 · paid last 24h −0.027%

Price spread now: KuCoin against Binance−0.072%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$363as in the Funding arb table

Net, price: spread back to 7d avg − costs−$351as in the Price arb table

costs, in and out, $10k−$3493.491% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.144%−$14 on $10k

Price spread, last 2 days (all we have)−0.005%$0 · spread now −0.072%, 7d avg −0.055%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.64 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	Binance AMATUSDT	469.00	0.0464	pay 0.0464% / 8h	7h 45m	$8.9M	$12.6M	20x
Short	KuCoin AMATUSDTM	468.66	0.0100	get 0.0100% / 8h	7h 45m	$412K	$446K	20x

Funding 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 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$76.48
Price spread: −0.072% → −0.055%: −$1.74
Slippage, 4 orders: −$327.06
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$427.28
Costs to cover: 3.491%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 6 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, 10 min ago	0.85 bp	6.6 bp −$7	50.2 bp −$502	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	7.27 bp	166.6 bp −$167	doesn't fit	doesn't fit	doesn't fit

AMAT on 16 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 AMATUSDT	0.0000%	8h	469.31	+0.066%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	469.18	+0.038%	$921K	$629K	25x	as long as short
Bitget AMATUSDT	0.0000%	8h	469.38	+0.081%	$2.1M	$1.7M	20x	as long as short
OKX AMAT-USDT-SWAP	+0.0021%	8h	469.27	+0.058%	$1.4M	$1.6M	20x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	468.98	−0.004%	—	—	10x	as long as short
KuCoin AMATUSDTMshort	+0.0100%	8h	468.66	−0.072%	$412K	$446K	20x
SunX AMAT-USDT	+0.0100%	8h	469.16	+0.034%	$971	$379K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	470.26	+0.269%	$171K	$39K	20x	as long as short
Gate AMAT_USDT	+0.0238%	8h	469.00	0.000%	$1.8M	$6.4M	50x	as long as short
GRVT AMAT_USDT_Perp	+0.0244%	8h	468.91	−0.019%	$347	$98K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AMAT	+0.0292%	1h	469.11	+0.023%	$19K	$131K	10x	as long as short
Variational Omni AMAT	+0.0392%	8h	469.16	+0.034%	$87K	$24K	—	as long as short
BloFin AMAT-USDT	+0.0442%	8h	469.08	+0.017%	$109K	$82K	20x	as long as short
Extended AMAT-USD	+0.0464%	1h	468.90	−0.020%	$5K	$27K	10x	as long as short
Binance AMATUSDTlong	+0.0464%	8h	469.00	long leg	$8.9M	$12.6M	20x
tradeXYZ xyz:AMAT	+0.0494%	1h	469.11	+0.023%	$2.7M	$2.4M	10x	as long as short