Funding you earn now, next payment 04:00 UTC−0.0332%/8h= −36.4% APRnext payment −$1.66 per $10,000 · paid last 24h +0.039%
Price spread now: BingX against KuCoin−0.125%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,737as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,745as in the Price arb table
costs, in and out, $10k−$2,73227.324% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.385%+$39 · spread now −0.125%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BingX is 0.129% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.66 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 | KuCoin AWEUSDTM | 0.06408 | 0.0432 | pay 0.0216% / 4h | 1h 34m | $148K | $60K | 20x |
| Short | BingX AWE-USDT | 0.06400 | 0.0100 | get 0.0050% / 4h | 1h 34m | — | $6.5M | — |
KuCoin AWEUSDTM
BingX AWE-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
- −$69.72
- Price spread: −0.125% → +0.004%
- −$12.88
- Slippage, 4 orders
- −$2,710.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,815.04
- Costs to cover
- 27.324%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 54 min ago; BingX: live order book, 2 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, 54 min ago | 8.60 bp | 2015.9 bp −$2,016 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.45 bp | 40.5 bp −$40 | 104.0 bp −$1,040 | 658.8 bp −$65.9K | 1086.3 bp −$543.1K |
AWE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AWEUSDT | +0.0100% | 4h | 0.06416 | +0.129% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06405 | −0.050% | $2.2M | $1.4M | 40x | as long as short |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06407 | −0.016% | $536K | $225K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06403 | −0.078% | $1.1M | $132K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06400 | −0.120% | $445K | $265K | 40x | as long as short |
| BingX AWE-USDTshort | +0.0100% | 4h | 0.06400 | −0.125% | — | $6.5M | — | |
| BloFin AWE-USDT | +0.0124% | 4h | 0.06411 | +0.047% | $144K | $27K | 40x | as long as short |
| KuCoin AWEUSDTMlong | +0.0432% | 4h | 0.06408 | long leg | $148K | $60K | 20x | |
| Gate AWE_USDT | +0.0976% | 8h | 0.06405 | −0.047% | $46K | $35K | 25x | as long as short |
Aster AWEUSDT
Binance AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
Bitget AWEUSDT
BloFin AWE-USDT
Gate AWE_USDT