Funding you earn now, next payment 08:00 UTC−0.0520%/8h= −56.9% APRnext payment −$5.20 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against Binance−0.130%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$2992.992% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 2 days (all we have)+0.114%+$11 · spread now −0.130%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.078% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.20 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 DELLUSDT | 576.03 | 0.0620 | pay 0.0620% / 8h | 6h 34m | $18.7M | $65.2M | 20x |
| Short | KuCoin DELLUSDTM | 575.28 | 0.0100 | get 0.0100% / 8h | 6h 34m | $942K | $30K | 20x |
Binance DELLUSDT
KuCoin DELLUSDTMFunding 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
- −$109.17
- Price spread: −0.130% → −0.052%
- −$7.78
- Slippage, 4 orders
- −$277.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$416.14
- Costs to cover
- 2.992%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 25 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 | 0.09 bp | 9.3 bp −$9 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 25 min ago | 23.99 bp | 89.6 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 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 DELLUSDT | 0.0000% | 8h | 575.14 | −0.155% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 575.66 | −0.064% | $4.1M | $7.5M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.85 | −0.031% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 576.03 | 0.000% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.757% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 574.96 | −0.186% | $7.5M | $7.0M | 10x | as long as short |
| Bybit DELLUSDT | +0.0058% | 8h | 575.79 | −0.042% | $6.1M | $3.9M | 50x | as long as short |
| Polymarket Perps DELL-USD | +0.0071% | 1h | 575.42 | −0.106% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTMshort | +0.0100% | 8h | 575.28 | −0.130% | $942K | $30K | 20x | |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.45 | +0.073% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Bybit DELLUSDT
Polymarket Perps DELL-USD
Orderly PERP_DELL_USDC_mythosShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 576.33 | +0.052% | $18K | $58K | 10x | as long as short |
| Variational Omni DELL | +0.0503% | 8h | 575.89 | −0.024% | $263K | $87K | — | as long as short |
| BloFin DELL-USDT | +0.0602% | 8h | 578.05 | +0.351% | $323K | $221K | 20x | as long as short |
| edgeX DELLUSDC | +0.0615% | 4h | 576.14 | +0.019% | $5K | $333K | 10x | as long as short |
| Extended DELL-USD | +0.0616% | 1h | 575.88 | −0.026% | $335K | $1.2M | 10x | as long as short |
| Binance DELLUSDTlong | +0.0620% | 8h | 576.03 | long leg | $18.7M | $65.2M | 20x | |
| OKX DELL-USDT-SWAP | +0.0644% | 8h | 575.92 | −0.019% | $5.9M | $6.4M | 20x | as long as short |
| Nado DELL-PERP | +0.0733% | 1h | 575.15 | −0.153% | $69K | $18K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.0785% | 8h | 576.12 | +0.016% | $634 | $154K | 10x | as long as short |
| Phoenix DELL | +0.0789% | 1h | 575.96 | −0.012% | $3K | $258K | 10x | as long as short |
HTX DELL-USDT
Variational Omni DELL
BloFin DELL-USDT
edgeX DELLUSDC
Extended DELL-USD
OKX DELL-USDT-SWAP
Nado DELL-PERP
GRVT DELL_USDT_Perp
Phoenix DELL