Settings8H · net · $10k
Funding arb · Price arb /

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against BingX−0.067%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$457as in the Price arb table
costs, in and out, $10k−$4474.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.054%−$5 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.067%, 7d avg +0.028%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.095% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BB-USDT0.0089860.0100pay 0.0050% / 4h29m 52s$1.3M
ShortKuCoin BBUSDTM0.0089800.0100get 0.0050% / 4h29m 52s$442K$80K50x

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

Profit calculator

Funding earned
$0
Price spread: −0.067% → +0.028%
−$9.49
Slippage, 4 orders
−$425.23
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$456.72
Costs to cover
4.472%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 2 min ago8.35 bp40.3 bp −$40146.0 bp −$1,460574.8 bp −$57.5K1016.3 bp −$508.1K
Sell KuCoin live order book, 32 min ago22.08 bp146.9 bp −$147584.6 bp −$5,846doesn't fitdoesn't fit

BB on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BBUSD−0.0954%1h0.008978−0.087%$22K$1K10xas long as short
Aster BBUSDT+0.0100%4h0.008969−0.189%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.008979−0.078%$3.2M$6.6M50xas long as short
Bybit BBUSDT+0.0100%4h0.008988+0.022%$679K$756K25xas long as short
Gate BB_USDT+0.0100%4h0.008990+0.045%$127K$200K50xas long as short
MEXC BB_USDT+0.0100%4h0.008978−0.089%$1.5M$583K100xas long as short
KuCoin BBUSDTMshort+0.0100%4h0.008980−0.067%$442K$80K50x
Bitget BBUSDT+0.0100%4h0.008980−0.067%$313K$448K50xas long as short
BingX BB-USDTlong+0.0100%4h0.008986long leg$1.3M