ETH funding arbitrage: kucoin vs phoenix

Long ETHUSDM on kucoin against short ETH on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongkucoinETHUSDM0.0100% / 8h+10.95%$169.9K$38.81M
ShortphoenixETH0.0020% / 1h+17.94%$1.34M$2.82M

Funding spread +6.99% APR. Price spread +0.1143%.

Data generated at 2026-09-01T05:32:39Z. Live numbers load on this page automatically.