B

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0500%/8h= +54.7% APRnext payment +$2.50 per $10,000 · paid last 24h +0.070%

Price spread now: BingX against KuCoin−0.020%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$848as in the Funding arb table

Net, price: spread back to 7d avg − costs−$877as in the Price arb table

costs, in and out, $10k−$8758.746% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.262%+$26 on $10k

Price spread, last 7 days+0.334%+$33 · spread now −0.020%, 7d avg 0.000%

Together, before fees+0.596%+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.020% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of 0.000%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.262% in total) that is about 13 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.262% in total (about 13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.50 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 BUSDTM	0.2033	0.0100	pay 0.0050% / 4h	50m 21s	$1.9M	$73K	10x
Short	BingX B-USDT	0.2033	0.0600	get 0.0300% / 4h	50m 21s	—	$1.3M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $105
Price spread: −0.020% → 0.000%: −$2
Slippage, 4 orders: −$852.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$771.63
Costs to cover: 8.746%
Break-even: 58.4 days

Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 8 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, 1 min ago	12.79 bp	337.1 bp −$337	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	34.28 bp	65.0 bp −$65	160.4 bp −$1,604	784.0 bp −$78.4K	1157.8 bp −$578.9K

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	0.2031	−0.118%	$3.4M	$612K	20x	as long as short
KuCoin BUSDTMlong	+0.0100%	4h	0.2033	long leg	$1.9M	$73K	10x
MEXC B_USDT	+0.0476%	4h	0.2034	+0.030%	$997K	$369K	100x	as long as short
Binance BUSDT	+0.0478%	4h	0.2034	+0.030%	$11.7M	$1.9M	20x	as long as short
Extended B-USD	+0.0480%	1h	0.2033	+0.002%	$17K	$222K	5x	as long as short
edgeX BUSDC	+0.0490%	4h	0.2036	+0.110%	$3K	$390K	5x	as long as short
BloFin B-USDT	+0.0502%	4h	0.2031	−0.118%	$604K	$39K	20x	as long as short
Bybit BUSDT	+0.0564%	4h	0.2031	−0.128%	$1.7M	$893K	13x	as long as short
Bitget BUSDT	+0.0598%	4h	0.2031	−0.118%	$2.8M	$245K	10x	as long as short
BingX B-USDTshort	+0.0600%	4h	0.2033	−0.020%	—	$1.3M	—

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster BUSDT	+0.1271%	4h	0.2034	+0.044%	$1.9M	$212K	5x	as long as short