Funding you earn now, next payment 04:00 UTC−0.2718%/8h= −297.6% APRnext payment −$13.59 per $10,000 · paid last 24h −0.600%
Price spread now: KuCoin against BingX+0.432%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.625%−$63 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. KuCoin is 0.432% dearer against BingX than usual: you sell high and buy low (spread +0.432% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$82 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.625% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.625% in total (about -32.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.59 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BIRB-USDT | 0.06937 | 0.2818 | pay 0.1409% / 4h | 3h 59m | — | $739K | — |
| Short | KuCoin BIRBUSDTM | 0.06967 | 0.0100 | get 0.0050% / 4h | 3h 59m | $80K | $40K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$570.78
- Price spread: +0.432% → 0.000%
- $43.25
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$549.53
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 29 min ago; KuCoin: no order-book sample. Net counts fees only.
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, 29 min ago | 10.87 bp | 38.2 bp −$38 | 143.2 bp −$1,432 | 1161.4 bp −$116.1K | 1454.4 bp −$727.2K |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BIRB on 9 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 BIRBUSDT | +0.0100% | 4h | 0.06951 | +0.205% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06955 | +0.259% | $1.2M | $1.7M | 50x | as long as short |
| Bybit BIRBUSDT | +0.0100% | 4h | 0.06915 | −0.317% | $638K | $433K | 25x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06959 | +0.317% | $60K | $57K | 20x | as long as short |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.06962 | +0.360% | $139K | $98K | 50x | as long as short |
| KuCoin BIRBUSDTMshort | +0.0100% | 4h | 0.06967 | +0.432% | $80K | $40K | 20x | |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06952 | +0.216% | $434K | $205K | 20x | as long as short |
| BingX BIRB-USDTlong | +0.2818% | 4h | 0.06937 | long leg | — | $739K | — | |
| BloFin BIRB-USDT | +0.2920% | 4h | 0.06926 | −0.159% | $82K | $5K | 25x | as long as short |
BingX BIRB-USDT
KuCoin BIRBUSDTM
Aster BIRBUSDT
Binance BIRBUSDT
Bybit BIRBUSDT
Gate BIRB_USDT
MEXC BIRB_USDT
Bitget BIRBUSDT
BloFin BIRB-USDT