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

BTC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.08 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against BingX−0.009%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BTC-USDT86,221.90.0052pay 0.0052% / 8h7h 11m$1.58B
ShortKuCoin XBTUSDTM86,214.30.0044get 0.0044% / 8h7h 11m$829.9M$715.3M125x

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
−$1.68
Price spread: −0.009% → 0.000%
−$0.88
Slippage, 4 orders
−$0.99
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$25.55
Costs to cover
0.230%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 3 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, 13 min ago0.02 bp5.0 bp −$55.0 bp −$505.0 bp −$5025.0 bp −$2,514
Sell KuCoin live order book, 3 min ago0.01 bp6.9 bp −$77.4 bp −$748.2 bp −$81811.1 bp −$5,530

BTC on 56 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
Phoenix BTC−0.0129%1h86,372+0.174%$2.2M$11.2M40xas long as short
Hotstuff BTC-PERP−0.0080%1h86,241+0.022%$9K$3K50xas long as short
01 Exchange BTCUSD−0.0040%1h86,222.6+0.001%$364K$2.3M50xas long as short
Perpl BTC0.0000%43m86,230.2+0.010%$567K$21.3M6.7xas long as short
gTrade (Gains Network) BTC/USDL +0.0004% / S −0.0004%1h86,240.9+0.022%$36.9M200xas long as short
Bluefin BTC-PERP+0.0008%1h86,243+0.024%$144K$667K40xas long as short
Injective BTC/USDC PERP+0.0023%1h86,365+0.166%$343K$26.9M52xas long as short
dYdX BTC-USD+0.0025%1h86,219.9−0.002%$16.9M$20.5M50xas long as short
Aster BTCUSDT+0.0032%8h86,224.9+0.004%$499.8M$1.13B200xas long as short
KuCoin XBTUSDTMshort+0.0044%8h86,214.3−0.009%$829.9M$715.3M125x
Show all 56 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya BTCRUSDPERP+0.0049%1h86,231.6+0.011%$6.7M$145.8M40xas long as short
BingX BTC-USDTlong+0.0052%8h86,221.9long leg$1.58B
RISEx BTC/USDC+0.0052%1h86,239+0.020%$8.2M$42.4M25xas long as short
Bitget BTCUSDT+0.0065%8h86,219.8−0.002%$2.97B$5.04B150xas long as short
SoDEX BTC-USD+0.0077%1h86,211−0.013%$60.4M$338.2M40xas long as short
Aevo BTC-PERP+0.0080%1h86,214.7−0.008%$2.5M$1.8M20xas long as short
Binance BTCUSDT+0.0084%8h86,215.1−0.008%$9.39B$24.20B150xas long as short
MEXC BTC_USDT+0.0085%8h86,214.8−0.008%$5.11B$5.75B500xas long as short
Gate BTC_USDT+0.0090%8h86,225.3+0.004%$5.76B$10.63B200xas long as short
HTX BTC-USDT+0.0094%8h86,204.2−0.021%$2.29B$957.3M200xas long as short
Lighter BTC+0.0096%1h86,233.2+0.013%$170.2M$992.7M50xas long as short
Lighter RH BTC+0.0096%1h86,236.9+0.017%$23.6M$152.0M50xas long as short
Popdex BTCUSDT+0.0096%1h86,240+0.021%$8.4M$52.0M100xas long as short
Katana Perps BTC-USD+0.0100%8h86,200−0.025%$199K$7.3M50xas long as short
Paradex BTC-USD-PERP+0.0100%8h86,247.6+0.030%$4.2M$8.6M50xas long as short
Nado BTC-PERP+0.0100%1h86,222.5+0.001%$22.0M$225.8M50xas long as short
Hyperliquid BTC+0.0100%1h86,300+0.091%$3.78B$4.99B40xas long as short
Pacifica BTC+0.0100%1h86,249.6+0.032%$40.6M$558.6M50xas long as short
Bybit BTCUSDT+0.0100%8h86,226.6+0.005%$5.25B$9.63B150xas long as short
OKX BTC-USDT-SWAP+0.0100%8h86,235.4+0.016%$2.56B$12.41B100xas long as short
Ondo Perps BTC-USD.P+0.0100%1h86,210−0.014%$3.9M$17.8M25xas long as short
Arcus BTC-USD+0.0100%1h86,245+0.027%$7.2M$95.0M40xas long as short
Bulk BTC-USD+0.0100%1h86,145.7−0.088%$580.3M$59.0M40xas long as short
Backpack BTC_USDC_PERP+0.0100%1h86,209.1−0.015%$35.6M$161.4M75xas long as short
Variational Omni BTC+0.0100%8h86,205.5−0.019%$156.7M$558.7Mas long as short
edgeX BTCUSDC+0.0100%4h86,254.8+0.038%$278.6M$953.7M100xas long as short
GRVT BTC_USDT_Perp+0.0100%8h86,266+0.051%$216.6M$165.4M50xas long as short
ApeX Omni BTCUSDT+0.0100%1h86,290.3+0.079%$141.4M$320.5M100xas long as short
StandX BTC-USD+0.0100%1h86,270+0.056%$30.6M$208.1M40xas long as short
Vest BTC-PERP+0.0100%1h86,275.2+0.062%$11.8M50xas long as short
Polymarket Perps BTC-USD+0.0100%1h86,233+0.013%$11.1M$14.0M50xas long as short
Bullet BTC-USD+0.0100%1h86,225+0.004%$190K$3.3M20xas long as short
Orderly PERP_BTC_USDC+0.0100%8h86,215.6−0.007%$2.4M$9.0M100xas long as short
Derive BTC-PERP+0.0100%1h86,230.5+0.010%$30.3M$56.7M15xas long as short
SunX BTC-USDT+0.0100%8h86,188.5−0.039%$3.3M$5.4M100xas long as short
Phemex BTCUSDT+0.0100%8h86,229.1+0.008%$155.5M$473.0M150xas long as short
Extended BTC-USD+0.0104%1h86,194.2−0.032%$45.9M$222.2M50xas long as short
Jupiter Perps WBTC-PERPL +0.0104% / S +0.0048%1h86,231.5+0.011%$98.9M500xas long as short
Coinbase International BTC-PERP-INTX+0.0120%1h86,258.1+0.042%$132.2M$5.29B50xas long as short
Kraken Futures PF_XBTUSD+0.0121%1h86,247.5+0.030%$191.8M$948.1M100xas long as short
Hibachi BTC/USDT-P+0.0152%1h86,228.9+0.008%$713K$7.9M30xas long as short
Aftermath Perps BTCUSD+0.0169%1h86,286.4+0.075%$77K$217K20xas long as short
Deribit BTC-PERPETUAL+0.0201%1h86,264.9+0.050%$902.5M$1.51B50xas long as short
BloFin BTC-USDT+0.0204%8h86,210−0.014%$415.5M$641.1M150xas long as short
Kalshi KXBTCPERP+0.0206%8h86,253+0.036%$10.5M$766.0M6.4xas long as short
GMX BTC/USD [WBTC.b-USDC]L +0.0207% / S −0.0222%1h86,234.3+0.014%$14.5M200xas long as short