Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.027%
Price spread now: Binance against KuCoin+0.130%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3503.501% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.130%, 7d avg +0.066%
=The price spread pays, funding is against you. Binance is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.066%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AMATUSDTM | 462.24 | 0.0100 | pay 0.0100% / 8h | 2h 45m | $402K | $549K | 20x |
| Short | Binance AMATUSDT | 462.84 | 0 | get 0.0000% / 8h | 2h 45m | $8.5M | $13.4M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.130% → +0.066%
- $6.34
- Slippage, 4 orders
- −$328.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$364.76
- Costs to cover
- 3.501%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 13 min ago; Binance: live order book, 10 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, 13 min ago | 9.64 bp | 177.5 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.05 bp | 19.6 bp −$20 | 57.8 bp −$578 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDT | −0.0191% | 8h | 463.19 | +0.206% | $2.0M | $1.8M | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 462.97 | +0.159% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 462.72 | +0.103% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDTshort | 0.0000% | 8h | 462.84 | +0.130% | $8.5M | $13.4M | 20x | |
| Bybit AMATUSDT | 0.0000% | 8h | 462.86 | +0.134% | $862K | $681K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 463.02 | +0.169% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 462.80 | +0.121% | $1.5M | $6.5M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 462.59 | +0.077% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 463.65 | +0.306% | $250 | $107K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0009% | 8h | 462.52 | +0.061% | $108K | $107K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 462.99 | +0.162% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 462.72 | +0.104% | $2.6M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTMlong | +0.0100% | 8h | 462.24 | long leg | $402K | $549K | 20x | |
| SunX AMAT-USDT | +0.0100% | 8h | 464.79 | +0.552% | $1K | $376K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 463.69 | +0.314% | $169K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0225% | 1h | 464.07 | +0.396% | $19K | $110K | 10x | as long as short |
KuCoin AMATUSDTM
Binance AMATUSDT
Bitget AMATUSDT
Aster AMATUSDT
Extended AMAT-USD
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
tradeXYZ xyz:AMAT
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT