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

BIRB

all BIRB markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days−0.625%−$63 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BIRB-USDT0.069370.2818pay 0.1409% / 4h3h 59m$739K
ShortKuCoin BIRBUSDTM0.069670.0100get 0.0050% / 4h3h 59m$80K$40K20x

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
−$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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 29 min ago10.87 bp38.2 bp −$38143.2 bp −$1,4321161.4 bp −$116.1K1454.4 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BIRBUSDT+0.0100%4h0.06951+0.205%$16K$17K5xas long as short
Binance BIRBUSDT+0.0100%4h0.06955+0.259%$1.2M$1.7M50xas long as short
Bybit BIRBUSDT+0.0100%4h0.06915−0.317%$638K$433K25xas long as short
Gate BIRB_USDT+0.0100%4h0.06959+0.317%$60K$57K20xas long as short
MEXC BIRB_USDT+0.0100%4h0.06962+0.360%$139K$98K50xas long as short
KuCoin BIRBUSDTMshort+0.0100%4h0.06967+0.432%$80K$40K20x
Bitget BIRBUSDT+0.0100%4h0.06952+0.216%$434K$205K20xas long as short
BingX BIRB-USDTlong+0.2818%4h0.06937long leg$739K
BloFin BIRB-USDT+0.2920%4h0.06926−0.159%$82K$5K25xas long as short