Funding you earn now, next payment 08:00 UTC+0.0720%/8h= +78.8% APRnext payment +$3.60 per $10,000 · paid last 24h +0.216%
Price spread now: BingX against KuCoin+0.079%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$483as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5435.425% of the position
Funding, last 7 days+0.597%+$60 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now +0.079%, 7d avg +0.141%
=Funding pays, the price is against you. BingX is 0.062% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.079% now, against its 7-day average of +0.141%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.597% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BTRUSDTM | 0.05050 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $1.4M | $178K | 10x |
| Short | BingX BTR-USDT | 0.05054 | 0.0820 | get 0.0410% / 4h | 2h 37m | — | $6.5M | — |
KuCoin BTRUSDTM
BingX BTR-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
- $151.2
- Price spread: +0.079% → +0.141%
- −$6.19
- Slippage, 4 orders
- −$520.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$397.54
- Costs to cover
- 5.425%
- Break-even
- 25.4 days
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 9 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, 3 min ago | 18.86 bp | 224.5 bp −$224 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.95 bp | 22.5 bp −$22 | 85.6 bp −$856 | 925.7 bp −$92.6K | 1355.4 bp −$677.7K |
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 | 0.05059 | +0.178% | $3.2M | $1.1M | 25x | as long as short |
| KuCoin BTRUSDTMlong | +0.0100% | 4h | 0.05050 | long leg | $1.4M | $178K | 10x | |
| HTX BTR-USDT | +0.0100% | 4h | 0.05066 | +0.317% | $11K | $314K | 10x | as long as short |
| Gate BTR_USDT | +0.0286% | 8h | 0.05051 | +0.020% | $732K | $289K | 20x | as long as short |
| Aster BTRUSDT | +0.0606% | 4h | 0.05054 | +0.087% | $89K | $10K | 5x | as long as short |
| BingX BTR-USDTshort | +0.0820% | 4h | 0.05054 | +0.079% | — | $6.5M | — | |
| MEXC BTR_USDT | +0.0850% | 4h | 0.05061 | +0.218% | $1.5M | $148K | 20x | as long as short |
| Binance BTRUSDT | +0.0850% | 4h | 0.05062 | +0.228% | $5.4M | $3.8M | 10x | as long as short |
Bybit BTRUSDT
HTX BTR-USDT
Gate BTR_USDT
Aster BTRUSDT
MEXC BTR_USDT
Binance BTRUSDT