Funding you earn now, next payment 08:00 UTC−0.0852%/8h= −93.3% APRnext payment −$4.26 per $10,000 · paid last 24h −0.090%
Price spread now: KuCoin against BingX−0.069%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,975as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,963as in the Price arb table
costs, in and out, $10k−$1,96619.659% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.069%, 7d avg −0.093%
=The price spread pays, funding is against you. KuCoin is 0.024% dearer against BingX than usual: you sell high and buy low (spread −0.069% now, against its 7-day average of −0.093%): +$2 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.094% in total) that is about 43 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.094% in total (about -4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.26 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 ASR-USDT | 0.8686 | 0.0952 | pay 0.0476% / 4h | 2h 35m | — | $1.2M | — |
| Short | KuCoin ASRUSDTM | 0.8680 | 0.0100 | get 0.0050% / 4h | 2h 35m | $187K | $47K | 10x |
BingX ASR-USDT
KuCoin ASRUSDTMFunding 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
- −$178.92
- Price spread: −0.069% → −0.093%
- $2.39
- Slippage, 4 orders
- −$1,943.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,142.41
- Costs to cover
- 19.659%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 20 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, 4 min ago | 6.31 bp | 38.4 bp −$38 | 263.3 bp −$2,633 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 22.81 bp | 885.9 bp −$886 | doesn't fit | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8700 | +0.161% | $29K | $7K | 20x | as long as short |
| KuCoin ASRUSDTMshort | +0.0100% | 4h | 0.8680 | −0.069% | $187K | $47K | 10x | |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8690 | +0.046% | $195K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8703 | +0.192% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8699 | +0.150% | $142K | $81K | 25x | as long as short |
| BingX ASR-USDTlong | +0.0952% | 4h | 0.8686 | long leg | — | $1.2M | — | |
| Binance ASRUSDT | +0.0960% | 4h | 0.8679 | −0.078% | $1.9M | $811K | 10x | as long as short |
| MEXC ASR_USDT | +0.0970% | 4h | 0.8686 | 0.000% | $641K | $94K | 50x | as long as short |
Gate ASR_USDT
Bitget ASRUSDT
Variational Omni ASR
Bybit ASRUSDT
Binance ASRUSDT
MEXC ASR_USDT