BTC funding arbitrage: kucoin vs phoenix

Long XBTUSDTM on kucoin against short BTC on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongkucoinXBTUSDTM0.0092% / 8h+10.07%$319.17M$1.48B
ShortphoenixBTC0.0031% / 1h+26.77%$5.08M$3.43M

Funding spread +16.70% APR. Price spread +0.1196%.

Data generated at 2026-09-01T05:32:26Z. Live numbers load on this page automatically.