Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%
Price spread now: Extended against KuCoin+0.070%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1861.865% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 4 days (all we have)−0.429%−$43 · spread now +0.070%, 7d avg −0.030%
=Together, before fees−0.581%+ Points / potential airdropExtended: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.100% dearer against KuCoin than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.030%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COINUSDTM | 197.00 | 0.0100 | pay 0.0100% / 8h | 4h 07m | $992K | $143K | 20x |
| Short | Extended COIN_24_5-USD | 197.14 | 0 | get 0.0000% / 1h | 7m 24s | $117K | $692K | 10x |
KuCoin COINUSDTM
Extended COIN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: +0.070% → −0.030%
- $10.02
- Slippage, 4 orders
- −$169.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$197.44
- Costs to cover
- 1.865%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; Extended: live order book, 51 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, 22 min ago | 16.48 bp | 108.9 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 1.01 bp | 8.9 bp −$9 | 60.5 bp −$605 | 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 | −0.0748% | 8h | 197.27 | +0.137% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.05 | +0.025% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0213% | 8h | 197.20 | +0.102% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0109% | 1h | 196.61 | −0.198% | — | $271K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.18 | +0.090% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USDshort | 0.0000% | 1h | 197.14 | +0.070% | $117K | $692K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 197.17 | +0.086% | $14.8M | $79.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.19 | +0.096% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.17 | +0.086% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.03 | +0.014% | $680K | $935K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.06 | +0.032% | $11K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.18 | +0.091% | $1.3M | $3.2M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.06 | +0.032% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.06 | +0.030% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.22 | +0.112% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.97 | −0.015% | $15.4M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.02 | +0.010% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.18 | +0.091% | $67 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.05 | +0.025% | $349K | $2.7M | 10x | as long as short |
| edgeX COINUSDC | +0.0073% | 4h | 197.03 | +0.015% | $51K | $294K | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 197.00 | long leg | $992K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.93 | −0.036% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.07 | +0.036% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.06 | +0.029% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.26 | +0.132% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.00 | 0.000% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
edgeX COINUSDC
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN