Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.130%
Price spread now: KuCoin against BingX+0.467%7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,184as in the Price arb table
costs, in and out, $10k−$1,24212.416% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)−0.762%−$76 · spread now +0.467%, 7d avg −0.107%
=The price spread pays, funding is against you. KuCoin is 0.574% dearer against BingX than usual: you sell high and buy low (spread +0.467% now, against its 7-day average of −0.107%): +$57 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.171% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.171% in total (about -8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.50 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 CARV-USDT | 0.04496 | 0.0800 | pay 0.0400% / 4h | 3h 02m | — | $1.4M | — |
| Short | KuCoin CARVUSDTM | 0.04517 | 0.0100 | get 0.0050% / 4h | 3h 02m | $176K | $45K | 20x |
BingX CARV-USDT
KuCoin CARVUSDTMFunding 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
- −$147
- Price spread: +0.467% → −0.107%
- $57.4
- Slippage, 4 orders
- −$1,219.65
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,331.25
- Costs to cover
- 12.416%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 62 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, 13 min ago | 11.73 bp | 49.3 bp −$49 | 177.3 bp −$1,773 | 742.7 bp −$74.3K | 1296.9 bp −$648.4K |
| Sell KuCoin live order book, 62 min ago | 41.61 bp | 495.6 bp −$496 | doesn't fit | doesn't fit | doesn't fit |
CARV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | −0.0152% | 4h | 0.04546 | +1.106% | $481 | $2K | — | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04481 | −0.334% | $1.1M | $2.6M | 20x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04512 | +0.356% | $123K | $151K | 20x | as long as short |
| KuCoin CARVUSDTMshort | +0.0100% | 4h | 0.04517 | +0.467% | $176K | $45K | 20x | |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04499 | +0.067% | $777K | $975K | 25x | as long as short |
| Binance CARVUSDT | +0.0218% | 4h | 0.04497 | +0.030% | $1.7M | $11.3M | 50x | as long as short |
| MEXC CARV_USDT | +0.0222% | 4h | 0.04496 | 0.000% | $207K | $240K | 20x | as long as short |
| BingX CARV-USDTlong | +0.0800% | 4h | 0.04496 | long leg | — | $1.4M | — |
Variational Omni CARV
Bybit CARVUSDT
Gate CARV_USDT
Bitget CARVUSDT
Binance CARVUSDT
MEXC CARV_USDT