Funding you earn now, next payment 12:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.100%
Price spread now: KuCoin against BingX−0.061%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$946as in the Funding arb table
Net, price: spread back to 7d avg − costs−$925as in the Price arb table
costs, in and out, $10k−$9189.185% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now −0.061%, 7d avg +0.004%
=Funding pays, the price is against you. KuCoin is 0.065% cheaper against BingX than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.004%). If the spread goes back, that is −$7 on $10k: about 6.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.278%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B-USDT | 0.2137 | 0.0476 | pay 0.0238% / 4h | 3h 22m | — | $1.3M | — |
| Short | KuCoin BUSDTM | 0.2136 | 0.0512 | get 0.0256% / 4h | 3h 22m | $2.0M | $89K | 10x |
BingX B-USDT
KuCoin BUSDTMFunding 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
- $7.56
- Price spread: −0.061% → +0.004%
- −$6.52
- Slippage, 4 orders
- −$896.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$917.44
- Costs to cover
- 9.185%
- Break-even
- 856.5 days
Slippage from BingX: live order book, 7 min ago; KuCoin: 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 BingX live order book, 7 min ago | 23.51 bp | 83.5 bp −$83 | 366.9 bp −$3,669 | 894.6 bp −$89.5K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 16.47 bp | 408.9 bp −$409 | doesn't fit | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2136 | −0.047% | $3.6M | $680K | 20x | as long as short |
| Bybit BUSDT | +0.0345% | 4h | 0.2133 | −0.187% | $1.8M | $1.1M | 13x | as long as short |
| BloFin B-USDT | +0.0395% | 4h | 0.2144 | +0.328% | $642K | $43K | 20x | as long as short |
| edgeX BUSDC | +0.0425% | 4h | 0.2132 | −0.251% | $4K | $387K | 5x | as long as short |
| MEXC B_USDT | +0.0452% | 4h | 0.2134 | −0.140% | $1.4M | $508K | 100x | as long as short |
| Binance BUSDT | +0.0453% | 4h | 0.2137 | −0.020% | $12.5M | $2.5M | 20x | as long as short |
| Extended B-USD | +0.0456% | 1h | 0.2135 | −0.117% | $16K | $304K | 5x | as long as short |
| BingX B-USDTlong | +0.0476% | 4h | 0.2137 | long leg | — | $1.3M | — | |
| Bitget BUSDT | +0.0488% | 4h | 0.2134 | −0.140% | $2.9M | $479K | 10x | as long as short |
| KuCoin BUSDTMshort | +0.0512% | 4h | 0.2136 | −0.061% | $2.0M | $89K | 10x |
Gate B_USDT
Bybit BUSDT
BloFin B-USDT
edgeX BUSDC
MEXC B_USDT
Binance BUSDT
Extended B-USD
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1344% | 4h | 0.2139 | +0.092% | $2.0M | $229K | 5x | as long as short |
Aster BUSDT