Funding you earn now, next payment 08:00 UTC−0.0622%/8h= −68.1% APRnext payment −$3.11 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.112%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$757as in the Funding arb table
Net, price: spread back to 7d avg − costs−$758as in the Price arb table
costs, in and out, $10k−$7477.473% of the position
Funding, last 7 days−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.112%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.105% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.11 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 BREV-USDT | 0.08920 | 0.0722 | pay 0.0361% / 4h | 3h 56m | — | $2.3M | — |
| Short | KuCoin BREVUSDTM | 0.08910 | 0.0100 | get 0.0050% / 4h | 3h 56m | $455K | $52K | 50x |
BingX BREV-USDT
KuCoin BREVUSDTMFunding 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
- −$130.62
- Price spread: −0.112% → −0.007%
- −$10.48
- Slippage, 4 orders
- −$725.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$888.41
- Costs to cover
- 7.473%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 17 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, 2 min ago | 6.16 bp | 50.6 bp −$51 | 171.9 bp −$1,719 | 866.5 bp −$86.6K | doesn't fit |
| Sell KuCoin live order book, 17 min ago | 39.30 bp | 463.3 bp −$463 | doesn't fit | doesn't fit | doesn't fit |
BREV 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BREVUSDT | +0.0100% | 4h | 0.08914 | −0.069% | $15K | $4K | 5x | as long as short |
| Binance BREVUSDT | +0.0100% | 4h | 0.08907 | −0.146% | $1.6M | $2.2M | 50x | as long as short |
| Bybit BREVUSDT | +0.0100% | 4h | 0.08911 | −0.101% | $554K | $556K | 50x | as long as short |
| OKX BREV-USDT-SWAP | +0.0100% | 4h | 0.08906 | −0.157% | $527K | $662K | 20x | as long as short |
| Gate BREV_USDT | +0.0100% | 8h | 0.08910 | −0.112% | $49K | $50K | 50x | as long as short |
| MEXC BREV_USDT | +0.0100% | 4h | 0.08905 | −0.168% | $3.7M | $170K | 20x | as long as short |
| KuCoin BREVUSDTMshort | +0.0100% | 4h | 0.08910 | −0.112% | $455K | $52K | 50x | |
| Bitget BREVUSDT | +0.0100% | 4h | 0.08908 | −0.135% | $449K | $152K | 20x | as long as short |
| Variational Omni BREV | +0.0100% | 4h | 0.08907 | −0.146% | $174 | $105 | — | as long as short |
| SunX BREV-USDT | +0.0100% | 4h | 0.08900 | −0.224% | $2K | $1.5M | 20x | as long as short |
Aster BREVUSDT
Binance BREVUSDT
Bybit BREVUSDT
OKX BREV-USDT-SWAP
Gate BREV_USDT
MEXC BREV_USDT
Bitget BREVUSDT
Variational Omni BREV
SunX BREV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BREV-USDTlong | +0.0722% | 4h | 0.08920 | long leg | — | $2.3M | — |