Funding you earn now, next payment 04:00 UTC+0.0846%/8h= +92.6% APRnext payment +$4.23 per $10,000 · paid last 24h +0.008%
Price spread now: BingX against KuCoin+0.130%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days−0.971%−$97 on $10k
+Price spread, last 7 days−0.208%−$21 · spread now +0.130%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and BingX is 0.170% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.971%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CAPUSDTM | 0.04603 | −0.0746 | get 0.0373% / 4h | 2h 06m | $4.4M | $1.4M | 10x |
| Short | BingX CAP-USDT | 0.04609 | 0.0100 | get 0.0050% / 4h | 2h 06m | — | $1.6M | — |
KuCoin CAPUSDTM
BingX CAP-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
- $177.66
- Price spread: +0.130% → −0.040%
- $17.05
- Slippage, 4 orders
- −$109.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $63.54
- Costs to cover
- 1.312%
- Break-even
- 4.5 days
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 10 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, 1 min ago | 4.33 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.34 bp | 24.4 bp −$24 | 78.9 bp −$789 | doesn't fit | doesn't fit |
CAP on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTMlong | −0.0746% | 4h | 0.04603 | long leg | $4.4M | $1.4M | 10x | |
| OKX CAP-USDT-SWAP | −0.0373% | 4h | 0.04611 | +0.174% | $2.1M | $7.1M | 10x | as long as short |
| Bitget CAPUSDT | −0.0020% | 4h | 0.04610 | +0.152% | $1.0M | $591K | 10x | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04608 | +0.115% | — | — | 150x | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04622 | +0.411% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04610 | +0.152% | $26K | $66K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04612 | +0.186% | $9.0M | $8.8M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04610 | +0.152% | $4.5M | $4.1M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04613 | +0.217% | $328K | $1.2M | 20x | as long as short |
| MEXC CAP_USDT | +0.0100% | 4h | 0.04614 | +0.239% | $561K | $237K | 20x | as long as short |
OKX CAP-USDT-SWAP
Bitget CAPUSDT
gTrade (Gains Network) CAP/USD
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDT
Gate CAP_USDT
MEXC CAP_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAP-USDTshort | +0.0100% | 4h | 0.04609 | +0.130% | — | $1.6M | — | |
| Variational Omni CAP | +0.0100% | 4h | 0.04604 | +0.015% | $8K | $8K | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04612 | +0.185% | $5K | $582 | 10x | as long as short |
Variational Omni CAP
Orderly PERP_CAP_USDC_mythos