Funding you earn now, next payment 08:00 UTC−0.0676%/8h= −74.0% APRnext payment −$3.38 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against BingX−0.164%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,427as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,426as in the Price arb table
costs, in and out, $10k−$1,41714.169% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.164%, 7d avg −0.077%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and KuCoin is 0.087% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.38 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 BLEND-USDT | 0.06695 | 0.0100 | pay 0.0050% / 4h | 2h 22m | — | $1.6M | — |
| Short | KuCoin BLENDUSDTM | 0.06684 | −0.0576 | pay 0.0288% / 4h | 2h 22m | $233K | $211K | 20x |
BingX BLEND-USDT
KuCoin BLENDUSDTMFunding 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
- −$141.96
- Price spread: −0.164% → −0.077%
- −$8.69
- Slippage, 4 orders
- −$1,394.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,567.51
- Costs to cover
- 14.169%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 34 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 | 10.46 bp | 34.1 bp −$34 | 101.2 bp −$1,012 | 589.5 bp −$58.9K | 1104.3 bp −$552.2K |
| Sell KuCoin live order book, 34 min ago | 8.98 bp | 715.1 bp −$715 | doesn't fit | doesn't fit | doesn't fit |
BLEND on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BLENDUSDTMshort | −0.0576% | 4h | 0.06684 | −0.164% | $233K | $211K | 20x | |
| Aster BLENDUSDT | +0.0100% | 1h | 0.06729 | +0.515% | $2K | $318 | 3x | as long as short |
| Bybit BLENDUSDT | +0.0100% | 4h | 0.06692 | −0.045% | $839K | $289K | 20x | as long as short |
| OKX BLEND-USDT-SWAP | +0.0100% | 4h | 0.06700 | +0.075% | $177K | $205K | 20x | as long as short |
| Gate BLEND_USDT | +0.0100% | 4h | 0.06691 | −0.060% | $54K | $15K | 20x | as long as short |
| MEXC BLEND_USDT | +0.0100% | 4h | 0.06692 | −0.045% | $1.8M | $166K | 50x | as long as short |
| BingX BLEND-USDTlong | +0.0100% | 4h | 0.06695 | long leg | — | $1.6M | — |
Aster BLENDUSDT
Bybit BLENDUSDT
OKX BLEND-USDT-SWAP
Gate BLEND_USDT
MEXC BLEND_USDT