Funding you earn now, next payment 00:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.133%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$821as in the Funding arb table
Net, price: spread back to 7d avg − costs−$825as in the Price arb table
costs, in and out, $10k−$8208.196% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.089%+$9 · spread now −0.133%, 7d avg −0.081%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.052% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.081%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02257 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $1.0M | $1.2M | 20x |
| Short | BingX BICO-USDT | 0.02254 | 0.0107 | get 0.0107% / 8h | 1h 34m | — | $1.7M | — |
KuCoin BICOUSDTM
BingX BICO-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
- $1.47
- Price spread: −0.133% → −0.081%
- −$5.17
- Slippage, 4 orders
- −$797.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$823.32
- Costs to cover
- 8.196%
- Break-even
- 3927.6 days
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 14 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, 1 min ago | 6.63 bp | 176.3 bp −$176 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 4.43 bp | 16.9 bp −$17 | 51.4 bp −$514 | 583.2 bp −$58.3K | 1171.0 bp −$585.5K |
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 | 0.02253 | −0.162% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02253 | −0.177% | $4.1M | $8.6M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02252 | −0.222% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02252 | −0.222% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMlong | +0.0100% | 8h | 0.02257 | long leg | $1.0M | $1.2M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02253 | −0.177% | $651K | $456K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02262 | +0.219% | $16K | $5K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02255 | −0.093% | $2.4M | $3.7M | 20x | as long as short |
| BingX BICO-USDTshort | +0.0107% | 8h | 0.02254 | −0.133% | — | $1.7M | — | |
| Gate BICO_USDT | +0.0374% | 8h | 0.02255 | −0.089% | $404K | $310K | 20x | as long as short |
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 | +0.2605% | 1h | 0.02275 | +0.782% | $41K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD