Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX−0.109%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,003as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,006as in the Price arb table
costs, in and out, $10k−$9989.979% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.109%, 7d avg −0.030%
=Funding pays, the price is against you. KuCoin is 0.080% cheaper against BingX than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.030%). If the spread goes back, that is −$8 on $10k: about 8.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.052%, 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 BARD-USDT | 0.1374 | 0.0070 | pay 0.0035% / 4h | 1h 57m | — | $6.5M | — |
| Short | KuCoin BARDUSDTM | 0.1373 | 0.0100 | get 0.0050% / 4h | 1h 57m | $101K | $46K | 25x |
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
- $6.3
- Price spread: −0.109% → −0.030%
- −$7.95
- Slippage, 4 orders
- −$975.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$999.51
- Costs to cover
- 9.979%
- Break-even
- 1117.6 days
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 43 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, 6 min ago | 10.90 bp | 39.1 bp −$39 | 149.1 bp −$1,491 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 43 min ago | 14.64 bp | 606.5 bp −$607 | doesn't fit | doesn't fit | doesn't fit |
BARD on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BARD-USDT | +0.0063% | 4h | 0.1374 | 0.000% | $118K | $3K | 25x | as long as short |
| BingX BARD-USDTlong | +0.0070% | 4h | 0.1374 | long leg | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1375 | +0.043% | $18K | $15K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1373 | −0.059% | $2.2M | $1.6M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1374 | +0.022% | $1.1M | $365K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1374 | 0.000% | $736K | $890K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1375 | +0.073% | $192K | $39K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1374 | 0.000% | $710K | $225K | 50x | as long as short |
| KuCoin BARDUSDTMshort | +0.0100% | 4h | 0.1373 | −0.109% | $101K | $46K | 25x | |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1375 | +0.073% | $1.1M | $80K | 20x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1375 | +0.067% | $12K | $1 | — | as long as short |
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1376 | +0.146% | $144K | $417K | 10x | as long as short |
BingX BARD-USDT
KuCoin BARDUSDTM
BloFin BARD-USDT
Aster BARDUSDT
Binance BARDUSDT
Bybit BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
Bitget BARDUSDT
Variational Omni BARD
GRVT BARD_USDT_Perp