Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.51 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against KuCoin+0.147%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1341.339% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.147%, 7d avg +0.096%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BABAUSDTM | 118.18 | 0.0100 | pay 0.0100% / 8h | 3h 06m | $615K | $454K | 20x |
| Short | Binance BABAUSDT | 118.35 | 0.0151 | get 0.0151% / 8h | 3h 06m | $15.7M | $30.7M | 20x |
KuCoin BABAUSDTM
Binance BABAUSDTFunding 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
- $10.64
- Price spread: +0.147% → +0.096%
- $5.11
- Slippage, 4 orders
- −$111.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$118.2
- Costs to cover
- 1.339%
- Break-even
- 84.8 days
Slippage from KuCoin: live order book, 67 min ago; Binance: live order book, 5 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, 67 min ago | 19.45 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.84 bp | 8.9 bp −$9 | 22.0 bp −$220 | 95.8 bp −$9,584 | doesn't fit |
BABA on 22 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 BABAUSDT | 0.0000% | 8h | 118.37 | +0.159% | $70K | $35K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 118.35 | +0.144% | $2.1M | $706K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 118.36 | +0.152% | $1.5M | $2.0M | 50x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 118.36 | +0.152% | $804 | $3.4M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 118.49 | +0.262% | $30K | $18K | 20x | as long as short |
| GRVT BABA_USDT_Perp | +0.0030% | 8h | 118.38 | +0.170% | $3K | $193K | 10x | as long as short |
| Lighter BABA | +0.0032% | 1h | 118.38 | +0.169% | $377K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 118.31 | +0.110% | $438K | $508K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.980% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 118.33 | +0.127% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
SunX BABA-USDT
HTX BABA-USDT
GRVT BABA_USDT_Perp
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 118.27 | +0.076% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 118.19 | +0.008% | $12.0M | $4.2M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 118.23 | +0.042% | $9K | $266K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 118.28 | +0.085% | $239K | $408K | 10x | as long as short |
| QFEX BABA-USD | +0.0056% | 1h | 118.32 | +0.118% | $1.2M | $3.6M | 10x | as long as short |
| Variational Omni BABA | +0.0067% | 8h | 118.42 | +0.201% | $266K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 118.18 | long leg | $615K | $454K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 118.34 | +0.135% | $2K | $798 | 10x | as long as short |
| Binance BABAUSDTshort | +0.0151% | 8h | 118.35 | +0.147% | $15.7M | $30.7M | 20x | |
| Extended BABA_24_5-USD | +0.0152% | 1h | 118.32 | +0.119% | $43K | $356K | 10x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 118.38 | +0.169% | $66K | $90K | 10x | as long as short |
| Bitget BABAUSDT | +0.0241% | 8h | 118.34 | +0.135% | $2.4M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Phoenix BABA
Bitget BABAUSDT