Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h −0.015%
Price spread now: BingX against KuCoin+0.225%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$478as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4604.597% of the position
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 7 days−0.226%−$23 · spread now +0.225%, 7d avg +0.048%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.176% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.184%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin 4USDTM | 0.02181 | 0.0620 | pay 0.0310% / 4h | 1h 37m | $925K | $13.2M | 20x |
| Short | BingX 4-USDT | 0.02186 | 0.0698 | get 0.0349% / 4h | 1h 37m | — | $1.4M | — |
KuCoin 4USDTM
BingX 4-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $16.38
- Price spread: +0.225% → +0.048%
- $17.64
- Slippage, 4 orders
- −$437.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$425.71
- Costs to cover
- 4.597%
- Break-even
- 188.9 days
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 9 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, 1 min ago | 2.29 bp | 301.6 bp −$302 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 30.32 bp | 53.6 bp −$54 | 113.2 bp −$1,132 | 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 | 0.02191 | +0.468% | $53K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02184 | +0.138% | $2K | $1.0M | 20x | as long as short |
| MEXC 4_USDT | +0.0430% | 4h | 0.02181 | 0.000% | $2.0M | $826K | 100x | as long as short |
| Binance 4USDT | +0.0432% | 4h | 0.02176 | −0.244% | $8.4M | $10.8M | 20x | as long as short |
| Aster 4USDT | +0.0434% | 4h | 0.02180 | −0.024% | $249K | $93K | 5x | as long as short |
| Gate 4_USDT | +0.0492% | 4h | 0.02183 | +0.069% | $597K | $233K | 20x | as long as short |
| KuCoin 4USDTMlong | +0.0620% | 4h | 0.02181 | long leg | $925K | $13.2M | 20x | |
| Bybit 4USDT | +0.0686% | 4h | 0.02169 | −0.532% | $2.9M | $1.7M | 5x | as long as short |
| BingX 4-USDTshort | +0.0698% | 4h | 0.02186 | +0.225% | — | $1.4M | — |
Variational Omni 4
SunX 4-USDT
MEXC 4_USDT
Binance 4USDT
Aster 4USDT
Gate 4_USDT
Bybit 4USDT