Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.056%
Price spread now: KuCoin against BingX−0.071%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$638as in the Funding arb table
Net, price: spread back to 7d avg − costs−$592as in the Price arb table
costs, in and out, $10k−$5865.860% of the position
Funding, last 7 days−0.521%−$52 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.071%, 7d avg −0.009%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.063% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000BABYDOGE-USDT | 0.0000000004214 | 0.0200 | pay 0.0100% / 4h | 3h 19m | — | $1.3M | — |
| Short | KuCoin 1MBABYDOGEUSDTM | 0.0000000004211 | 0.0100 | get 0.0050% / 4h | 3h 19m | $294K | $85K | 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
- −$21
- Price spread: −0.071% → −0.009%
- −$6.25
- Slippage, 4 orders
- −$564.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$613.26
- Costs to cover
- 5.860%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 52 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, 12 min ago | 5.91 bp | 26.7 bp −$27 | 86.3 bp −$863 | 531.6 bp −$53.2K | 855.9 bp −$428.0K |
| Sell KuCoin live order book, 52 min ago | 8.44 bp | 361.0 bp −$361 | doesn't fit | doesn't fit | doesn't fit |
BABYDOGE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004213 | −0.014% | $1.9M | $3.4M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004219 | +0.119% | $478K | $686K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDT | +0.0100% | 4h | 0.0000000004218 | +0.095% | $451K | $155K | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTMshort | +0.0100% | 4h | 0.0000000004211 | −0.071% | $294K | $85K | 20x | |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004216 | +0.047% | $1.3M | $538K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTlong | +0.0200% | 4h | 0.0000000004214 | long leg | — | $1.3M | — |
BingX 1000000BABYDOGE-USDT
KuCoin 1MBABYDOGEUSDTM
Binance 1MBABYDOGEUSDT
Bybit 1000000BABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT
Bitget 1MBABYDOGEUSDT