C

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0970%/8h= −106.2% APRnext payment −$4.85 per $10,000 · paid last 24h −0.034%

Price spread now: KuCoin against BingX+0.012%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$380as in the Funding arb table

Net, price: spread back to 7d avg − costs−$370as in the Price arb table

costs, in and out, $10k−$3773.770% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.012%, 7d avg −0.059%

Together, before fees−0.016%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.071% dearer against BingX than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.059%): +$7 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.029% in total) that is about 17 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.85 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	BingX C-USDT	0.08017	0.1070	pay 0.0535% / 4h	28m 12s	—	$2.4M	—
Short	KuCoin CUSDTM	0.08018	0.0100	get 0.0050% / 4h	28m 12s	$645K	$139K	25x

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

Position, each leg$Hold fordaysFee BingXbpFee KuCoinbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$203.7
Price spread: +0.012% → −0.059%: $7.11
Slippage, 4 orders: −$354.98
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$573.57
Costs to cover: 3.770%
Break-even: never at this rate

Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 56 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, 6 min ago	4.34 bp	26.9 bp −$27	108.7 bp −$1,087	doesn't fit	doesn't fit
Sell KuCoin live order book, 56 min ago	31.24 bp	132.3 bp −$132	doesn't fit	doesn't fit	doesn't fit

C on 9 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
Aster CUSDT	+0.0100%	4h	0.08019	+0.020%	$32K	$104K	5x	as long as short
Binance CUSDT	+0.0100%	4h	0.08016	−0.017%	$6.6M	$11.7M	50x	as long as short
MEXC C_USDT	+0.0100%	4h	0.08016	−0.012%	$213K	$199K	50x	as long as short
KuCoin CUSDTMshort	+0.0100%	4h	0.08018	+0.012%	$645K	$139K	25x
Bitget CUSDT	+0.0100%	4h	0.08018	+0.012%	$447K	$1.0M	20x	as long as short
Variational Omni C	+0.0100%	4h	0.08049	+0.400%	$620	$10K	—	as long as short
Gate C_USDT	+0.0752%	4h	0.08034	+0.212%	$327K	$484K	20x	as long as short
Bybit CUSDT	+0.1056%	4h	0.08016	−0.012%	$1.2M	$1.7M	13x	as long as short
BingX C-USDTlong	+0.1070%	4h	0.08017	long leg	—	$2.4M	—