Funding you earn now, next payment 08:00 UTC−0.0306%/8h= −33.5% APRnext payment −$1.53 per $10,000 · paid last 24h −0.092%
Price spread now: KuCoin against BingX−0.455%7-day average −0.242% · you buy dearer than you sell
Net, funding: paid 7d − costs−$940as in the Funding arb table
Net, price: spread back to 7d avg − costs−$920as in the Price arb table
costs, in and out, $10k−$8988.984% of the position
Funding, last 7 days−0.415%−$41 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.455%, 7d avg −0.242%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.213% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.242%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVAAI-USDT | 0.01100 | 0.0406 | pay 0.0203% / 4h | 2h 36m | — | $191K | — |
| Short | KuCoin AVAAIUSDTM | 0.01095 | 0.0100 | get 0.0050% / 4h | 2h 36m | $454K | $84K | 20x |
Funding 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
- −$64.26
- Price spread: −0.455% → −0.242%
- −$21.29
- Slippage, 4 orders
- −$876.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$983.98
- Costs to cover
- 8.984%
- Break-even
- never at this rate
Slippage from BingX: live order book, 52 min ago; KuCoin: live order book, 22 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, 52 min ago | 3.59 bp | 39.6 bp −$40 | 431.9 bp −$4,319 | 702.4 bp −$70.2K | doesn't fit |
| Sell KuCoin live order book, 22 min ago | 13.57 bp | 191.3 bp −$191 | doesn't fit | doesn't fit | doesn't fit |
AVAAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAAIUSDT | +0.0100% | 4h | 0.01100 | +0.009% | $1.3M | $454K | 20x | as long as short |
| Gate AVAAI_USDT | +0.0100% | 4h | 0.01095 | −0.427% | $617K | $151K | 20x | as long as short |
| KuCoin AVAAIUSDTMshort | +0.0100% | 4h | 0.01095 | −0.455% | $454K | $84K | 20x | |
| BloFin AVAAI-USDT | +0.0345% | 4h | 0.01095 | −0.427% | $193K | $5K | 20x | as long as short |
| Binance AVAAIUSDT | +0.0354% | 4h | 0.01100 | −0.026% | $3.9M | $2.8M | 20x | as long as short |
| MEXC AVAAI_USDT | +0.0366% | 4h | 0.01099 | −0.091% | $195K | $111K | 100x | as long as short |
| BingX AVAAI-USDTlong | +0.0406% | 4h | 0.01100 | long leg | — | $191K | — | |
| Aster AVAAIUSDT | +0.0423% | 4h | 0.01096 | −0.378% | $36K | $14K | 5x | as long as short |
BingX AVAAI-USDT
KuCoin AVAAIUSDTM
Bybit AVAAIUSDT
Gate AVAAI_USDT
BloFin AVAAI-USDT
Binance AVAAIUSDT
MEXC AVAAI_USDT
Aster AVAAIUSDT