Funding you earn now, next payment 04:00 UTC+0.1618%/8h= +177.2% APRnext payment +$8.09 per $10,000 · paid last 24h −0.108%
Price spread now: KuCoin against BingX−0.165%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$630as in the Funding arb table
Net, price: spread back to 7d avg − costs−$620as in the Price arb table
costs, in and out, $10k−$6196.193% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.165%, 7d avg −0.156%
=The price spread sits at its 7-day average of −0.156%, so right now this pair is about funding alone: +$49 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.09 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 ALCH-USDT | 0.05452 | 0.0070 | pay 0.0035% / 4h | 2h 26m | — | $6.7M | — |
| Short | KuCoin ALCHUSDTM | 0.05443 | 0.1688 | get 0.0844% / 4h | 2h 26m | $1.3M | $254K | 10x |
BingX ALCH-USDT
KuCoin ALCHUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $339.78
- Price spread: −0.165% → −0.156%
- −$0.93
- Slippage, 4 orders
- −$597.26
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$280.4
- Costs to cover
- 6.193%
- Break-even
- 12.8 days
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 4 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, 6 min ago | 9.21 bp | 38.2 bp −$38 | 206.0 bp −$2,060 | 509.9 bp −$51.0K | 695.5 bp −$347.7K |
| Sell KuCoin live order book, 4 min ago | 32.31 bp | 180.4 bp −$180 | doesn't fit | doesn't fit | doesn't fit |
ALCH on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ALCH-USDTlong | +0.0070% | 4h | 0.05452 | long leg | — | $6.7M | — | |
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05502 | +0.917% | $3.3M | $5.7M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05441 | −0.202% | $302K | $639K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05501 | +0.899% | $1.0M | $1.6M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05446 | −0.108% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.1328% | 4h | 0.05452 | +0.001% | $13K | $86K | 5x | as long as short |
| Binance ALCHUSDT | +0.1408% | 4h | 0.05518 | +1.211% | $6.8M | $25.9M | 10x | as long as short |
| MEXC ALCH_USDT | +0.1410% | 4h | 0.05456 | +0.073% | $5.3M | $2.3M | 100x | as long as short |
| KuCoin ALCHUSDTMshort | +0.1688% | 4h | 0.05443 | −0.165% | $1.3M | $254K | 10x | |
| Kraken Futures PF_ALCHUSD | +0.4140% | 1h | 0.05457 | +0.089% | $10K | $28K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
Binance ALCHUSDT
MEXC ALCH_USDT
Kraken Futures PF_ALCHUSD