Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against BingX+0.310%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$706as in the Funding arb table
Net, price: spread back to 7d avg − costs−$684as in the Price arb table
costs, in and out, $10k−$7067.064% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.240%−$24 · spread now +0.310%, 7d avg +0.086%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.223% dearer against BingX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BICO-USDT | 0.02261 | 0.0390 | pay 0.0390% / 8h | 5h 13m | — | $1.7M | — |
| Short | KuCoin BICOUSDTM | 0.02268 | 0.0413 | get 0.0413% / 8h | 5h 13m | $1.1M | $1.3M | 20x |
BingX BICO-USDT
KuCoin BICOUSDTMFunding 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
- $4.83
- Price spread: +0.310% → +0.086%
- $22.33
- Slippage, 4 orders
- −$684.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$679.27
- Costs to cover
- 7.064%
- Break-even
- 991.4 days
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 1 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, 9 min ago | 6.64 bp | 20.7 bp −$21 | 52.0 bp −$520 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 4.41 bp | 174.8 bp −$175 | doesn't fit | doesn't fit | doesn't fit |
BICO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02263 | +0.067% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02261 | 0.000% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02261 | 0.000% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02261 | 0.000% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02262 | +0.044% | $642K | $497K | 10x | as long as short |
| Variational Omni BICO | +0.0318% | 8h | 0.02267 | +0.255% | $14K | $8K | — | as long as short |
| BingX BICO-USDTlong | +0.0390% | 8h | 0.02261 | long leg | — | $1.7M | — | |
| Bybit BICOUSDT | +0.0398% | 8h | 0.02262 | +0.035% | $2.4M | $3.8M | 20x | as long as short |
| Gate BICO_USDT | +0.0400% | 8h | 0.02263 | +0.088% | $382K | $339K | 20x | as long as short |
| KuCoin BICOUSDTMshort | +0.0413% | 8h | 0.02268 | +0.310% | $1.1M | $1.3M | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.7112% | 1h | 0.02275 | +0.629% | $37K | $56K | 20x | as long as short |
Kraken Futures PF_BICOUSD