Funding you earn now, next payment 12:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h +0.110%
Price spread now: KuCoin against BingX−0.028%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,737as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,780as in the Price arb table
costs, in and out, $10k−$1,77317.725% of the position
Funding, last 7 days+0.360%+$36 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.028%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.073% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.360%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALPINE-USDT | 0.3536 | 0.0250 | pay 0.0125% / 4h | 2h 21m | — | $1.2M | — |
| Short | KuCoin ALPINEUSDTM | 0.3535 | 0.0166 | get 0.0083% / 4h | 2h 21m | $226K | $690K | 10x |
BingX ALPINE-USDT
KuCoin ALPINEUSDTMFunding 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
- −$17.64
- Price spread: −0.028% → +0.044%
- −$7.26
- Slippage, 4 orders
- −$1,750.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,797.4
- Costs to cover
- 17.725%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 24 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, 2 min ago | 5.66 bp | 33.6 bp −$34 | 148.0 bp −$1,480 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 12.72 bp | 834.2 bp −$834 | doesn't fit | doesn't fit | doesn't fit |
ALPINE on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALPINEUSDT | +0.0100% | 4h | 0.3535 | −0.028% | $156K | $14K | 25x | as long as short |
| Gate ALPINE_USDT | +0.0100% | 8h | 0.3537 | +0.028% | $69K | $13K | 25x | as long as short |
| Variational Omni ALPINE | +0.0100% | 4h | 0.3537 | +0.022% | $4K | $707 | — | as long as short |
| KuCoin ALPINEUSDTMshort | +0.0166% | 4h | 0.3535 | −0.028% | $226K | $690K | 10x | |
| MEXC ALPINE_USDT | +0.0192% | 4h | 0.3539 | +0.085% | $168K | $99K | 50x | as long as short |
| Binance ALPINEUSDT | +0.0194% | 4h | 0.3533 | −0.085% | $1.6M | $723K | 10x | as long as short |
| BingX ALPINE-USDTlong | +0.0250% | 4h | 0.3536 | long leg | — | $1.2M | — |
Bybit ALPINEUSDT
Gate ALPINE_USDT
Variational Omni ALPINE
MEXC ALPINE_USDT
Binance ALPINEUSDT