4

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0484%/8h= +53.0% APRnext payment +$2.42 per $10,000 · paid last 24h +0.015%

Price spread now: KuCoin against BingX+0.085%7-day average −0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$640as in the Funding arb table

Net, price: spread back to 7d avg − costs−$644as in the Price arb table

costs, in and out, $10k−$6576.574% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.178%+$18 on $10k

Price spread, last 7 days−0.071%−$7 · spread now +0.085%, 7d avg −0.051%

Together, before fees+0.107%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and KuCoin is 0.136% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.051%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.178% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.42 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	BingX 4-USDT	0.02002	0.0372	pay 0.0186% / 4h	52m 04s	—	$1.4M	—
Short	KuCoin 4USDTM	0.02004	0.0856	get 0.0428% / 4h	52m 04s	$866K	$12.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee KuCoinbpOrdersPrice spread, now +0.085%Rate

Funding earned: $101.64
Price spread: +0.085% → −0.051%: $13.62
Slippage, 4 orders: −$635.37
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$542.11
Costs to cover: 6.574%
Break-even: 44.3 days

Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 1 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 BingX live order book, 8 min ago	30.31 bp	56.3 bp −$56	150.9 bp −$1,509	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	4.98 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit

4 on 9 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
Variational Omni 4	+0.0100%	4h	0.01999	−0.169%	$45K	$8K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02002	−0.015%	$2K	$1.3M	20x	as long as short
MEXC 4_USDT	+0.0340%	4h	0.02005	+0.135%	$1.5M	$904K	100x	as long as short
Bybit 4USDT	+0.0343%	4h	0.02004	+0.065%	$2.6M	$2.0M	5x	as long as short
Binance 4USDT	+0.0351%	4h	0.02004	+0.063%	$7.8M	$12.9M	20x	as long as short
BingX 4-USDTlong	+0.0372%	4h	0.02002	long leg	—	$1.4M	—
Aster 4USDT	+0.0389%	4h	0.02005	+0.140%	$239K	$114K	5x	as long as short
Gate 4_USDT	+0.0544%	4h	0.02007	+0.235%	$538K	$290K	20x	as long as short
KuCoin 4USDTMshort	+0.0856%	4h	0.02004	+0.085%	$866K	$12.6M	20x