Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin+0.054%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$470as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$4884.876% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.054%, 7d avg +0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AUCTIONUSDTM | 3.7200 | 0.0100 | pay 0.0050% / 4h | 3h 57m | $345K | $132K | 20x |
| Short | BingX AUCTION-USDT | 3.7220 | 0.0100 | get 0.0050% / 4h | 3h 57m | — | $16.5M | — |
KuCoin AUCTIONUSDTM
BingX AUCTION-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: +0.054% → +0.039%
- $1.43
- Slippage, 4 orders
- −$465.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$486.19
- Costs to cover
- 4.876%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 35 min ago; BingX: live order book, 11 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, 35 min ago | 6.76 bp | 242.4 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.03 bp | 29.4 bp −$29 | 83.4 bp −$834 | 517.8 bp −$51.8K | 709.7 bp −$354.8K |
AUCTION on 11 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_AUCTIONUSD | −0.0715% | 1h | 3.7477 | +0.746% | $7K | $2K | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7216 | +0.043% | $715 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7230 | +0.082% | $2.5M | $1.9M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7240 | +0.108% | $574K | $343K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7200 | 0.000% | $790K | $760K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7210 | +0.027% | $102K | $73K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7230 | +0.081% | $425K | $150K | 20x | as long as short |
| KuCoin AUCTIONUSDTMlong | +0.0100% | 4h | 3.7200 | long leg | $345K | $132K | 20x | |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7220 | +0.054% | $367K | $181K | 25x | as long as short |
| BingX AUCTION-USDTshort | +0.0100% | 4h | 3.7220 | +0.054% | — | $16.5M | — |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
Bitget AUCTIONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7340 | +0.376% | $173 | $38 | — | as long as short |
Variational Omni AUCTION