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

BR

all BR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against BingX+0.004%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.309%+$31 on $10k
Price spread, last 7 days+0.064%+$6 · spread now +0.004%, 7d avg −0.065%
Together, before fees+0.373%+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.068% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BR-USDT1.10490.0080pay 0.0040% / 4h1h 21m$6.3M
ShortKuCoin BRUSDTM1.10500.0222get 0.0111% / 4h1h 21m$4.9M$5.5M30x

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
$29.82
Price spread: +0.004% → −0.065%
$6.84
Slippage, 4 orders
−$109.11
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$94.45
Costs to cover
1.311%
Break-even
29.2 days
Slippage from BingX: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago1.54 bp14.6 bp −$1545.1 bp −$451557.9 bp −$55.8Kdoesn't fit
Sell KuCoin live order book, 1 min ago2.62 bp69.1 bp −$69doesn't fitdoesn't fitdoesn't fit

BR on 11 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
BingX BR-USDTlong+0.0080%4h1.1049long leg$6.3M
Bybit BRUSDT+0.0100%4h1.1039−0.092%$10.8M$25.8M5xas long as short
Variational Omni BR+0.0100%4h1.1047−0.020%$263K$295Kas long as short
SunX BR-USDT+0.0100%4h1.1074+0.226%$691K10xas long as short
HTX BR-USDT+0.0100%4h1.1096+0.420%$85K$238K20xas long as short
Gate BR_USDT+0.0122%4h1.1036−0.119%$7.4M$8.7M20xas long as short
KuCoin BRUSDTMshort+0.0222%4h1.1050+0.004%$4.9M$5.5M30x
Aster BRUSDT+0.0496%4h1.1052+0.021%$724K$2.7M5xas long as short
Bitget BRUSDT+0.0650%4h1.1053+0.032%$8.1M$12.6M10xas long as short
MEXC BR_USDT+0.1164%4h1.1077+0.247%$15.3M$7.5M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1175%4h1.1067+0.156%$53.1M$163.0M25xas long as short