Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.81 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BingX−0.038%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.038%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.061% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BCH-USDC | 264.05 | −0.0014 | get 0.0014% / 8h | 2h 37m | — | $6.5M | — |
| Short | KuCoin BCHUSDTM | 263.95 | −0.0095 | pay 0.0095% / 8h | 2h 37m | $8.5M | $6.8M | 75x |
BingX BCH-USDC
KuCoin BCHUSDTMFunding 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
- −$17.01
- Price spread: −0.038% → +0.023%
- −$6.12
- Slippage, 4 orders
- −$43.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$88.73
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 5 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, 8 min ago | 1.52 bp | 16.8 bp −$17 | 38.5 bp −$385 | 113.6 bp −$11.4K | 479.0 bp −$239.5K |
| Sell KuCoin live order book, 5 min ago | 1.33 bp | 21.5 bp −$21 | 68.9 bp −$689 | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BCH-USDT | −0.0238% | 8h | 263.52 | −0.201% | $768K | $1.4M | 75x | as long as short |
| SoDEX BCH-USD | −0.0198% | 1h | 263.69 | −0.136% | $2K | $8K | 10x | as long as short |
| Phemex BCHUSDT | −0.0191% | 8h | 263.80 | −0.095% | $5.0M | $6.5M | 50x | as long as short |
| Nado BCH-PERP | −0.0134% | 1h | 263.95 | −0.038% | $431K | $350K | 10x | as long as short |
| Bitget BCHUSDT | −0.0110% | 8h | 264.11 | +0.023% | $18.8M | $28.4M | 75x | as long as short |
| SunX BCH-USDT | −0.0110% | 8h | 263.65 | −0.151% | $1K | $1.7M | 30x | as long as short |
| KuCoin BCHUSDTMshort | −0.0095% | 8h | 263.95 | −0.038% | $8.5M | $6.8M | 75x | |
| OKX BCH-USDT-SWAP | −0.0078% | 8h | 264.00 | −0.019% | $25.1M | $76.7M | 50x | as long as short |
| Variational Omni BCH | −0.0070% | 8h | 263.31 | −0.282% | $81K | $196K | — | as long as short |
| Extended BCH-USD | −0.0056% | 1h | 264.08 | +0.012% | $111K | $1.1M | 25x | as long as short |
HTX BCH-USDT
SoDEX BCH-USD
Phemex BCHUSDT
Nado BCH-PERP
Bitget BCHUSDT
SunX BCH-USDT
OKX BCH-USDT-SWAP
Variational Omni BCH
Extended BCH-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BCHUSDT | −0.0054% | 8h | 264.21 | +0.059% | $72.0M | $219.1M | 75x | as long as short |
| MEXC BCH_USDT | −0.0053% | 8h | 264.48 | +0.163% | $69.9M | $8.0M | 200x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0040% | 1h | 263.48 | −0.216% | $219K | $1.8M | 50x | as long as short |
| GRVT BCH_USDT_Perp | −0.0027% | 8h | 263.28 | −0.293% | $384K | $17K | 10x | as long as short |
| Bybit BCHUSDT | −0.0021% | 8h | 264.00 | −0.019% | $38.9M | $31.5M | 75x | as long as short |
| BingX BCH-USDClong | −0.0014% | 8h | 264.05 | long leg | — | $6.5M | — | |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 263.83 | −0.084% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 264.20 | +0.055% | $5K | $240 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 263.79 | −0.098% | $987K | $10.4M | 2.7x | as long as short |
| Deribit BCH_USDC-PERPETUAL | 0.0000% | 1h | 263.93 | −0.047% | $439K | $333K | 25x | as long as short |
| Gate BCH_USDT | +0.0010% | 8h | 264.17 | +0.045% | $8.3M | $13.7M | 75x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +2.329% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0046% | 8h | 263.72 | −0.125% | $2K | $176 | 10x | as long as short |
| BloFin BCH-USDT | +0.0066% | 8h | 263.17 | −0.333% | $3.9M | $4.4M | 50x | as long as short |
| Aster BCHUSDT | +0.0071% | 8h | 264.08 | +0.012% | $153K | $557K | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 264.14 | +0.035% | $354K | $495K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 264.25 | +0.076% | $5.7M | $4.6M | 10x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 264.11 | +0.022% | $159K | $306K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 263.19 | −0.327% | $18K | $330K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 263.29 | −0.288% | $96K | $235K | 50x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0180% | 1h | 263.96 | −0.033% | $843K | $3.0M | 50x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0202% / S −0.0147% | 1h | 263.84 | −0.078% | $12K | — | 100x | as long as short |
Binance BCHUSDT
MEXC BCH_USDT
Coinbase International BCH-PERP-INTX
GRVT BCH_USDT_Perp
Bybit BCHUSDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
Deribit BCH_USDC-PERPETUAL
Gate BCH_USDT
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
BloFin BCH-USDT
Aster BCHUSDT
Lighter BCH
Hyperliquid BCH
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
Kraken Futures PF_BCHUSD
GMX BCH/USD [WBTC.b-USDC]