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
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTC-USDT | 86,221.9 | 0.0052 | pay 0.0052% / 8h | 7h 11m | — | $1.58B | — |
| Short | KuCoin XBTUSDTM | 86,214.3 | 0.0044 | get 0.0044% / 8h | 7h 11m | $829.9M | $715.3M | 125x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.0 bp −$502 | 5.0 bp −$2,514 |
| Sell KuCoin live order book, 3 min ago | 0.01 bp | 6.9 bp −$7 | 7.4 bp −$74 | 8.2 bp −$818 | 11.1 bp −$5,530 |
BTC on 56 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 86,372 | +0.174% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,241 | +0.022% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 86,222.6 | +0.001% | $364K | $2.3M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,230.2 | +0.010% | $567K | $21.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,240.9 | +0.022% | $36.9M | — | 200x | as long as short |
| Bluefin BTC-PERP | +0.0008% | 1h | 86,243 | +0.024% | $144K | $667K | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,365 | +0.166% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0025% | 1h | 86,219.9 | −0.002% | $16.9M | $20.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0032% | 8h | 86,224.9 | +0.004% | $499.8M | $1.13B | 200x | as long as short |
| KuCoin XBTUSDTMshort | +0.0044% | 8h | 86,214.3 | −0.009% | $829.9M | $715.3M | 125x |
Show all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0049% | 1h | 86,231.6 | +0.011% | $6.7M | $145.8M | 40x | as long as short |
| BingX BTC-USDTlong | +0.0052% | 8h | 86,221.9 | long leg | — | $1.58B | — | |
| RISEx BTC/USDC | +0.0052% | 1h | 86,239 | +0.020% | $8.2M | $42.4M | 25x | as long as short |
| Bitget BTCUSDT | +0.0065% | 8h | 86,219.8 | −0.002% | $2.97B | $5.04B | 150x | as long as short |
| SoDEX BTC-USD | +0.0077% | 1h | 86,211 | −0.013% | $60.4M | $338.2M | 40x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,214.7 | −0.008% | $2.5M | $1.8M | 20x | as long as short |
| Binance BTCUSDT | +0.0084% | 8h | 86,215.1 | −0.008% | $9.39B | $24.20B | 150x | as long as short |
| MEXC BTC_USDT | +0.0085% | 8h | 86,214.8 | −0.008% | $5.11B | $5.75B | 500x | as long as short |
| Gate BTC_USDT | +0.0090% | 8h | 86,225.3 | +0.004% | $5.76B | $10.63B | 200x | as long as short |
| HTX BTC-USDT | +0.0094% | 8h | 86,204.2 | −0.021% | $2.29B | $957.3M | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,233.2 | +0.013% | $170.2M | $992.7M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,236.9 | +0.017% | $23.6M | $152.0M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,240 | +0.021% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,200 | −0.025% | $199K | $7.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,247.6 | +0.030% | $4.2M | $8.6M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,222.5 | +0.001% | $22.0M | $225.8M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,300 | +0.091% | $3.78B | $4.99B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,249.6 | +0.032% | $40.6M | $558.6M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,226.6 | +0.005% | $5.25B | $9.63B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,235.4 | +0.016% | $2.56B | $12.41B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,210 | −0.014% | $3.9M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,245 | +0.027% | $7.2M | $95.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,145.7 | −0.088% | $580.3M | $59.0M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,209.1 | −0.015% | $35.6M | $161.4M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 86,205.5 | −0.019% | $156.7M | $558.7M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 86,254.8 | +0.038% | $278.6M | $953.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,266 | +0.051% | $216.6M | $165.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,290.3 | +0.079% | $141.4M | $320.5M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,270 | +0.056% | $30.6M | $208.1M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,275.2 | +0.062% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,233 | +0.013% | $11.1M | $14.0M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,225 | +0.004% | $190K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,215.6 | −0.007% | $2.4M | $9.0M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,230.5 | +0.010% | $30.3M | $56.7M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,188.5 | −0.039% | $3.3M | $5.4M | 100x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 86,229.1 | +0.008% | $155.5M | $473.0M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,194.2 | −0.032% | $45.9M | $222.2M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,231.5 | +0.011% | — | $98.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,258.1 | +0.042% | $132.2M | $5.29B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,247.5 | +0.030% | $191.8M | $948.1M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0152% | 1h | 86,228.9 | +0.008% | $713K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0169% | 1h | 86,286.4 | +0.075% | $77K | $217K | 20x | as long as short |
| Deribit BTC-PERPETUAL | +0.0201% | 1h | 86,264.9 | +0.050% | $902.5M | $1.51B | 50x | as long as short |
| BloFin BTC-USDT | +0.0204% | 8h | 86,210 | −0.014% | $415.5M | $641.1M | 150x | as long as short |
| Kalshi KXBTCPERP | +0.0206% | 8h | 86,253 | +0.036% | $10.5M | $766.0M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0207% / S −0.0222% | 1h | 86,234.3 | +0.014% | $14.5M | — | 200x | as long as short |
BingX BTC-USDT
KuCoin XBTUSDTM
Phoenix BTC
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
Bluefin BTC-PERP
Injective BTC/USDC PERP
Aster BTCUSDT
RISEx BTC/USDC
Bitget BTCUSDT
SoDEX BTC-USD
Binance BTCUSDT
MEXC BTC_USDT
Gate BTC_USDT
HTX BTC-USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Bulk BTC-USD
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Polymarket Perps BTC-USD
Bullet BTC-USD
Derive BTC-PERP
SunX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Deribit BTC-PERPETUAL
BloFin BTC-USDT
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]