Funding you earn now, next payment 12:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.119%
Price spread now: BingX against KuCoin−0.104%7-day average +0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,795as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,827as in the Price arb table
costs, in and out, $10k−$1,80818.076% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.104%, 7d avg +0.089%
=Funding pays, the price is against you. BingX is 0.192% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of +0.089%). If the spread goes back, that is −$19 on $10k: about 3.5 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.123% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.123% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.92 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ASRUSDTM | 0.8670 | 0.0100 | pay 0.0050% / 4h | 50m 40s | $189K | $35K | 10x |
| Short | BingX ASR-USDT | 0.8661 | 0.0284 | get 0.0142% / 4h | 50m 40s | — | $1.3M | — |
KuCoin ASRUSDTM
BingX ASR-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
- $38.64
- Price spread: −0.104% → +0.089%
- −$19.24
- Slippage, 4 orders
- −$1,785.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,788.23
- Costs to cover
- 18.076%
- Break-even
- 331.0 days
Slippage from KuCoin: live order book, 36 min ago; BingX: live order book, 3 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, 36 min ago | 17.31 bp | 863.4 bp −$863 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.62 bp | 28.6 bp −$29 | 177.2 bp −$1,772 | doesn't fit | doesn't fit |
ASR on 8 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 ASRUSDT | +0.0100% | 4h | 0.8666 | −0.046% | $141K | $72K | 25x | as long as short |
| Gate ASR_USDT | +0.0100% | 4h | 0.8680 | +0.115% | $29K | $4K | 20x | as long as short |
| KuCoin ASRUSDTMlong | +0.0100% | 4h | 0.8670 | long leg | $189K | $35K | 10x | |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8660 | −0.115% | $195K | $39K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8664 | −0.073% | $4K | $5K | — | as long as short |
| MEXC ASR_USDT | +0.0276% | 4h | 0.8655 | −0.173% | $633K | $93K | 50x | as long as short |
| Binance ASRUSDT | +0.0276% | 4h | 0.8656 | −0.163% | $1.9M | $734K | 10x | as long as short |
| BingX ASR-USDTshort | +0.0284% | 4h | 0.8661 | −0.104% | — | $1.3M | — |
Bybit ASRUSDT
Gate ASR_USDT
Bitget ASRUSDT
Variational Omni ASR
MEXC ASR_USDT
Binance ASRUSDT