Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against Binance−0.031%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1781.778% of the position
Funding, last 7 days+0.165%+$16 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now −0.031%, 7d avg −0.026%
=The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 196.64 | 0 | get 0.0000% / 8h | 3h 04m | $14.7M | $80.5M | 20x |
| Short | KuCoin COINUSDTM | 196.58 | 0.0100 | get 0.0100% / 8h | 3h 04m | $991K | $143K | 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 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: −0.031% → −0.026%
- −$0.48
- Slippage, 4 orders
- −$155.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$157.23
- Costs to cover
- 1.778%
- Break-even
- 59.4 days
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 20 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, 8 min ago | 0.25 bp | 7.2 bp −$7 | 13.4 bp −$134 | 61.9 bp −$6,193 | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 13.50 bp | 76.2 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
COIN on 26 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 COINUSDT | −0.0733% | 8h | 196.71 | +0.036% | $6.3M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.34 | −0.153% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0226% | 8h | 196.72 | +0.041% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0109% | 1h | 195.93 | −0.361% | — | $270K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.58 | −0.028% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.61 | −0.016% | $116K | $845K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 196.64 | long leg | $14.7M | $80.5M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 196.65 | +0.005% | $4.8M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.71 | +0.036% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.50 | −0.071% | $689K | $944K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.45 | −0.094% | $20K | $2.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.63 | −0.005% | $1.3M | $3.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.32 | −0.163% | $454K | $1.5M | 10x | as long as short |
| Lighter COIN | +0.0040% | 1h | 196.36 | −0.142% | $380K | $2.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.55 | −0.046% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.52 | −0.061% | $15.3M | $13.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.54 | −0.051% | $132K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.37 | −0.137% | $82 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.19 | −0.229% | $350K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 196.58 | −0.031% | $991K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.34 | −0.153% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.62 | −0.010% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.56 | −0.041% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.42 | −0.112% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.37 | −0.137% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0805% | 4h | 196.36 | −0.142% | $51K | $295K | 10x | as long as short |
Binance COINUSDT
KuCoin COINUSDTM
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COIN
Lighter COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC