Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.034%
Price spread now: BingX against KuCoin+0.232%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$499as in the Funding arb table
Net, price: spread back to 7d avg − costs−$481as in the Price arb table
costs, in and out, $10k−$5025.018% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.232%, 7d avg +0.020%
=The price spread pays, funding is against you. BingX is 0.212% dearer against KuCoin than usual: you sell high and buy low (spread +0.232% now, against its 7-day average of +0.020%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BARDUSDTM | 0.1378 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $105K | $58K | 25x |
| Short | BingX BARD-USDT | 0.1381 | 0.0070 | get 0.0035% / 4h | 3h 58m | — | $6.5M | — |
KuCoin BARDUSDTM
BingX BARD-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
- −$6.3
- Price spread: +0.232% → +0.020%
- $21.22
- Slippage, 4 orders
- −$479.84
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$486.93
- Costs to cover
- 5.018%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 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, 6 min ago | 23.29 bp | 244.4 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 10.86 bp | 28.5 bp −$28 | 116.9 bp −$1,169 | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BARD-USDTshort | +0.0070% | 4h | 0.1381 | +0.232% | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1380 | +0.163% | $18K | $16K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1380 | +0.160% | $2.2M | $1.7M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1380 | +0.181% | $1.1M | $338K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1380 | +0.160% | $730K | $953K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1380 | +0.160% | $194K | $29K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1379 | +0.087% | $742K | $174K | 50x | as long as short |
| KuCoin BARDUSDTMlong | +0.0100% | 4h | 0.1378 | long leg | $105K | $58K | 25x | |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1380 | +0.160% | $1.1M | $122K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1380 | +0.146% | $12K | $1 | — | as long as short |
Aster BARDUSDT
Binance BARDUSDT
Bybit BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
Bitget BARDUSDT
Variational Omni BARDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1379 | +0.064% | $141K | $531K | 10x | as long as short |
| BloFin BARD-USDT | +0.0136% | 4h | 0.1379 | +0.087% | $119K | $5K | 25x | as long as short |
GRVT BARD_USDT_Perp
BloFin BARD-USDT