Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.216%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$588as in the Funding arb table
Net, price: spread back to 7d avg − costs−$600as in the Price arb table
costs, in and out, $10k−$5815.807% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.216%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.197% cheaper against BingX than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BAT-USDT | 0.08338 | 0.0100 | pay 0.0100% / 8h | 2h 37m | — | $1.3M | — |
| Short | KuCoin BATUSDTM | 0.08320 | 0.0100 | get 0.0100% / 8h | 2h 37m | $258K | $63K | 20x |
BingX BAT-USDT
KuCoin BATUSDTMFunding 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
- $0
- Price spread: −0.216% → −0.019%
- −$19.69
- Slippage, 4 orders
- −$558.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$600.36
- Costs to cover
- 5.807%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 19 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, 3 min ago | 5.41 bp | 23.4 bp −$23 | 60.0 bp −$600 | 477.5 bp −$47.7K | 539.8 bp −$269.9K |
| Sell KuCoin live order book, 19 min ago | 11.88 bp | 363.8 bp −$364 | doesn't fit | doesn't fit | doesn't fit |
BAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSD | −0.0294% | 1h | 0.08325 | −0.152% | $114K | $7K | 10x | as long as short |
| Binance BATUSDT | +0.0100% | 8h | 0.08336 | −0.027% | $1.9M | $2.1M | 50x | as long as short |
| Bybit BATUSDT | +0.0100% | 8h | 0.08339 | +0.012% | $1.1M | $486K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08336 | −0.024% | $523K | $415K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08337 | −0.012% | $81K | $28K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08336 | −0.024% | $785K | $637K | 125x | as long as short |
| KuCoin BATUSDTMshort | +0.0100% | 8h | 0.08320 | −0.216% | $258K | $63K | 20x | |
| Bitget BATUSDT | +0.0100% | 8h | 0.08332 | −0.072% | $676K | $179K | 50x | as long as short |
| BingX BAT-USDTlong | +0.0100% | 8h | 0.08338 | long leg | — | $1.3M | — | |
| Variational Omni BAT | +0.0100% | 8h | 0.08327 | −0.130% | $114K | $78 | — | as long as short |
Kraken Futures PF_BATUSD
Binance BATUSDT
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
Bitget BATUSDT
Variational Omni BATShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BAT-USDT | +0.0110% | 8h | 0.08306 | −0.384% | $99K | $33K | 50x | as long as short |
BloFin BAT-USDT