C

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.034%

Price spread now: BingX against KuCoin+0.162%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$398as in the Funding arb table

Net, price: spread back to 7d avg − costs−$390as in the Price arb table

costs, in and out, $10k−$4014.007% of the position

Long on KuCoin Short on BingX

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)−0.178%−$18 · spread now +0.162%, 7d avg +0.054%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.109% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.054%.

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 +$1.44 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 CUSDTM	0.08001	0.0100	pay 0.0050% / 4h	3h 40m	$644K	$149K	25x
Short	BingX C-USDT	0.08014	0.0388	get 0.0194% / 4h	3h 40m	—	$2.4M	—

Funding 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 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.162%Rate

Funding earned: $60.48
Price spread: +0.162% → +0.054%: $10.86
Slippage, 4 orders: −$378.68
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$329.34
Costs to cover: 4.007%
Break-even: 45.1 days

Slippage from KuCoin: live order book, 13 min ago; BingX: live order book, 4 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, 13 min ago	27.56 bp	208.2 bp −$208	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	5.63 bp	43.9 bp −$44	139.9 bp −$1,399	1029.1 bp −$102.9K	1382.1 bp −$691.1K

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	0.08015	+0.178%	$37K	$97K	5x	as long as short
Binance CUSDT	+0.0100%	4h	0.08017	+0.206%	$6.5M	$12.9M	50x	as long as short
MEXC C_USDT	+0.0100%	4h	0.08017	+0.200%	$222K	$205K	50x	as long as short
KuCoin CUSDTMlong	+0.0100%	4h	0.08001	long leg	$644K	$149K	25x
Bitget CUSDT	+0.0100%	4h	0.08007	+0.075%	$445K	$1.0M	20x	as long as short
Variational Omni C	+0.0100%	4h	0.08019	+0.222%	$617	$13K	—	as long as short
BingX C-USDTshort	+0.0388%	4h	0.08014	+0.162%	—	$2.4M	—
Gate C_USDT	+0.0486%	4h	0.08035	+0.425%	$327K	$618K	20x	as long as short
Bybit CUSDT	+0.0826%	4h	0.08016	+0.187%	$1.2M	$1.8M	13x	as long as short