Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.049%
Price spread now: KuCoin against BingX−0.108%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 7 days+0.902%+$90 on $10k
+Price spread, last 7 days+0.189%+$19 · spread now −0.108%, 7d avg +0.036%
=Funding pays, the price is against you. KuCoin is 0.144% cheaper against BingX than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.036%). If the spread goes back, that is −$14 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.902% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAP-USDT | 0.04641 | 0.0070 | pay 0.0035% / 4h | 3h 31m | — | $1.6M | — |
| Short | KuCoin CAPUSDTM | 0.04636 | 0.0100 | get 0.0050% / 4h | 3h 31m | $4.3M | $1.3M | 10x |
BingX CAP-USDT
KuCoin CAPUSDTMFunding 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
- $6.3
- Price spread: −0.108% → +0.036%
- −$14.41
- Slippage, 4 orders
- −$115.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$146.06
- Costs to cover
- 1.379%
- Break-even
- 169.3 days
Slippage from BingX: live order book, 14 min ago; KuCoin: live order book, 1 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, 14 min ago | 4.28 bp | 20.2 bp −$20 | 75.2 bp −$752 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 4.31 bp | 42.4 bp −$42 | 451.0 bp −$4,510 | doesn't fit | doesn't fit |
CAP on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04637 | −0.078% | — | — | 150x | as long as short |
| BingX CAP-USDTlong | +0.0070% | 4h | 0.04641 | long leg | — | $1.6M | — | |
| Lighter CAP | +0.0096% | 1h | 0.04642 | +0.013% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04637 | −0.097% | $26K | $58K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04641 | +0.008% | $8.8M | $8.3M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04639 | −0.043% | $4.5M | $3.9M | 10x | as long as short |
| OKX CAP-USDT-SWAP | +0.0100% | 4h | 0.04646 | +0.108% | $1.9M | $7.1M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04640 | −0.022% | $321K | $1.2M | 20x | as long as short |
| MEXC CAP_USDT | +0.0100% | 4h | 0.04639 | −0.043% | $534K | $224K | 20x | as long as short |
| KuCoin CAPUSDTMshort | +0.0100% | 4h | 0.04636 | −0.108% | $4.3M | $1.3M | 10x |
gTrade (Gains Network) CAP/USD
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDT
OKX CAP-USDT-SWAP
Gate CAP_USDT
MEXC CAP_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAPUSDT | +0.0100% | 4h | 0.04641 | 0.000% | $1.0M | $606K | 10x | as long as short |
| Variational Omni CAP | +0.0100% | 4h | 0.04653 | +0.263% | $8K | $8K | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04642 | +0.026% | $4K | $2K | 10x | as long as short |
| BloFin CAP-USDT | +0.0108% | 4h | 0.04621 | −0.431% | $368K | $60K | 10x | as long as short |
Bitget CAPUSDT
Variational Omni CAP
Orderly PERP_CAP_USDC_mythos
BloFin CAP-USDT