Funding you earn now, next payment 04:00 UTC+0.0292%/8h= +32.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.067%
Price spread now: BingX against KuCoin+0.164%7-day average +0.112% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 7 days−0.151%−$15 · spread now +0.164%, 7d avg +0.112%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.052% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.112%. Mind the row above: over the last 7 days funding on this pair cost −0.183%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 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 | KuCoin BTWUSDTM | 0.7821 | 0.0682 | pay 0.0341% / 4h | 3h 11m | $7.1M | $4.7M | 10x |
| Short | BingX BTW-USDT | 0.7834 | 0.0974 | get 0.0487% / 4h | 3h 11m | — | $4.3M | — |
KuCoin BTWUSDTM
BingX BTW-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
- $61.32
- Price spread: +0.164% → +0.112%
- $5.19
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $44.51
- Costs to cover
- 0.220%
- Break-even
- 1.9 days
Slippage unknown: KuCoin: live order book, 2 min ago; BingX: live order book, 9 min ago. Net counts fees only.
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, 2 min ago | 14.94 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.83 bp | 28.5 bp −$28 | 125.1 bp −$1,251 | 566.5 bp −$56.7K | doesn't fit |
BTW 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.7846 | +0.317% | $195K | $742K | 10x | as long as short |
| Gate BTW_USDT | +0.0426% | 4h | 0.7813 | −0.105% | $3.3M | $16.3M | 10x | as long as short |
| KuCoin BTWUSDTMlong | +0.0682% | 4h | 0.7821 | long leg | $7.1M | $4.7M | 10x | |
| Bybit BTWUSDT | +0.0800% | 4h | 0.7829 | +0.102% | $15.0M | $39.0M | 10x | as long as short |
| Bitget BTWUSDT | +0.0890% | 4h | 0.7854 | +0.420% | $24.7M | $13.6M | 5x | as long as short |
| Aster BTWUSDT | +0.0897% | 4h | 0.7814 | −0.095% | $2.1M | $2.9M | 5x | as long as short |
| BingX BTW-USDTshort | +0.0974% | 4h | 0.7834 | +0.164% | — | $4.3M | — | |
| Binance BTWUSDT | +0.0990% | 4h | 0.7837 | +0.198% | $109.1M | $168.9M | 10x | as long as short |
| Extended BTW-USD | +0.0992% | 1h | 0.7838 | +0.216% | $34K | $15K | 5x | as long as short |
| MEXC BTW_USDT | +0.0998% | 4h | 0.7827 | +0.074% | $9.3M | $6.2M | 20x | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
Binance BTWUSDT
Extended BTW-USD
MEXC BTW_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX BTWUSDC | +0.1020% | 4h | 0.7873 | +0.658% | $324K | $502K | 10x | as long as short |
edgeX BTWUSDC