Funding you earn now, next payment 04:00 UTC−0.0584%/8h= −63.9% APRnext payment −$2.92 per $10,000 · paid last 24h −0.227%
Price spread now: KuCoin against BingX−0.519%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as in the Price arb table
costs, in and out, $10k−$4724.720% of the position
Funding, last 7 days−0.565%−$56 on $10k
+Price spread, last 7 days+0.432%+$43 · spread now −0.519%, 7d avg −0.137%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and KuCoin is 0.381% cheaper against BingX than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.137%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTR-USDT | 0.05014 | 0.0684 | pay 0.0342% / 4h | 27m 01s | — | $6.5M | — |
| Short | KuCoin BTRUSDTM | 0.04988 | 0.0100 | get 0.0050% / 4h | 27m 01s | $1.4M | $191K | 10x |
BingX BTR-USDT
KuCoin BTRUSDTMFunding 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
- −$122.64
- Price spread: −0.519% → −0.137%
- −$38.13
- Slippage, 4 orders
- −$450.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$632.82
- Costs to cover
- 4.720%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 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, 9 min ago | 2.00 bp | 18.6 bp −$19 | 84.5 bp −$845 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 20.03 bp | 112.8 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
BTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDT | +0.0100% | 4h | 0.05008 | −0.120% | $3.1M | $1.1M | 25x | as long as short |
| KuCoin BTRUSDTMshort | +0.0100% | 4h | 0.04988 | −0.519% | $1.4M | $191K | 10x | |
| HTX BTR-USDT | +0.0100% | 4h | 0.05017 | +0.060% | $11K | $312K | 10x | as long as short |
| Gate BTR_USDT | +0.0296% | 8h | 0.05006 | −0.160% | $729K | $290K | 20x | as long as short |
| BingX BTR-USDTlong | +0.0684% | 4h | 0.05014 | long leg | — | $6.5M | — | |
| MEXC BTR_USDT | +0.0740% | 4h | 0.05011 | −0.060% | $1.5M | $152K | 20x | as long as short |
| Aster BTRUSDT | +0.0740% | 4h | 0.05012 | −0.040% | $89K | $12K | 5x | as long as short |
| Binance BTRUSDT | +0.0755% | 4h | 0.05014 | −0.006% | $5.3M | $4.0M | 10x | as long as short |
Bybit BTRUSDT
HTX BTR-USDT
Gate BTR_USDT
MEXC BTR_USDT
Aster BTRUSDT
Binance BTRUSDT