Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: BingX against KuCoin+0.119%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$2002.001% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.119%, 7d avg +0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.074% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ANIMEUSDTM | 0.003356 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $436K | $57K | 20x |
| Short | BingX ANIME-USDT | 0.003360 | 0.0100 | get 0.0050% / 4h | 3h 30m | — | $6.5M | — |
KuCoin ANIMEUSDTM
BingX ANIME-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
- $0
- Price spread: +0.119% → +0.045%
- $7.44
- Slippage, 4 orders
- −$178.09
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$192.65
- Costs to cover
- 2.001%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 42 min ago; BingX: live order book, 5 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, 42 min ago | 10.41 bp | 88.0 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.49 bp | 18.5 bp −$19 | 139.7 bp −$1,397 | 673.9 bp −$67.4K | doesn't fit |
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ANIMEUSD | +0.0005% | 1h | 0.003359 | +0.079% | $33K | $1K | 10x | as long as short |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003361 | +0.149% | $292K | $87K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003359 | +0.083% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003363 | +0.209% | $1.3M | $1.6M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003359 | +0.089% | $700K | $273K | 25x | as long as short |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003359 | +0.089% | $429K | $519K | 20x | as long as short |
| Gate ANIME_USDT | +0.0100% | 4h | 0.003356 | 0.000% | $139K | $58K | 25x | as long as short |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003362 | +0.179% | $209K | $89K | 20x | as long as short |
| KuCoin ANIMEUSDTMlong | +0.0100% | 4h | 0.003356 | long leg | $436K | $57K | 20x | |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003361 | +0.149% | $852K | $148K | 10x | as long as short |
Kraken Futures PF_ANIMEUSD
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
OKX ANIME-USDT-SWAP
Gate ANIME_USDT
MEXC ANIME_USDT
Bitget ANIMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDTshort | +0.0100% | 4h | 0.003360 | +0.119% | — | $6.5M | — | |
| Variational Omni ANIME | +0.0100% | 4h | 0.003360 | +0.131% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0497% / S −0.2017% | 1h | 0.003355 | −0.030% | $820 | — | 100x | as long as short |
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]