Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.083%
Price spread now: BingX against KuCoin−0.051%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now −0.051%, 7d avg +0.070%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.120% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.070%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1659 | 0.0180 | pay 0.0090% / 4h | 2h 20m | $5.2M | $4.9M | 30x |
| Short | BingX BR-USDT | 1.1653 | 0.0080 | get 0.0040% / 4h | 2h 20m | — | $5.8M | — |
KuCoin BRUSDTM
BingX BR-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
- −$21
- Price spread: −0.051% → +0.070%
- −$12.01
- Slippage, 4 orders
- −$124.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$179.02
- Costs to cover
- 1.460%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 15 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, 2 min ago | 3.63 bp | 54.4 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 3.21 bp | 17.8 bp −$18 | 63.4 bp −$634 | 429.2 bp −$42.9K | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTshort | +0.0080% | 4h | 1.1653 | −0.051% | — | $5.8M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1636 | −0.202% | $11.2M | $22.2M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1642 | −0.146% | $7.8M | $8.4M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1648 | −0.096% | $281K | $265K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1735 | +0.650% | — | $724K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1765 | +0.910% | $89K | $234K | 20x | as long as short |
| Bitget BRUSDT | +0.0128% | 4h | 1.1659 | +0.001% | $8.5M | $10.5M | 10x | as long as short |
| KuCoin BRUSDTMlong | +0.0180% | 4h | 1.1659 | long leg | $5.2M | $4.9M | 30x | |
| Aster BRUSDT | +0.0331% | 4h | 1.1626 | −0.287% | $676K | $2.3M | 5x | as long as short |
| Binance BRUSDT | +0.0872% | 4h | 1.1645 | −0.119% | $55.4M | $136.3M | 25x | as long as short |
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0878% | 4h | 1.1652 | −0.064% | $15.7M | $6.5M | 100x | as long as short |
MEXC BR_USDT