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: BingX against KuCoin−0.378%7-day average +0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,039as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,105as in the Price arb table
costs, in and out, $10k−$1,05710.565% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)+0.672%+$67 · spread now −0.378%, 7d avg +0.107%
=Funding pays, the price is against you. BingX is 0.484% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.378% now, against its 7-day average of +0.107%). If the spread goes back, that is −$48 on $10k: about 2.3 days of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.171% in total) that is about 20 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 | KuCoin CARVUSDTM | 0.04503 | 0.0100 | pay 0.0050% / 4h | 2h 53m | $176K | $45K | 20x |
| Short | BingX CARV-USDT | 0.04486 | 0.0800 | get 0.0400% / 4h | 2h 53m | — | $1.4M | — |
KuCoin CARVUSDTM
BingX CARV-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
- $147
- Price spread: −0.378% → +0.107%
- −$48.44
- Slippage, 4 orders
- −$1,034.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$957.99
- Costs to cover
- 10.565%
- Break-even
- 52.6 days
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 8 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, 2 min ago | 27.46 bp | 453.4 bp −$453 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.96 bp | 41.4 bp −$41 | 136.9 bp −$1,369 | 669.6 bp −$67.0K | 1224.1 bp −$612.1K |
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 | −0.0160% | 4h | 0.04560 | +1.259% | $481 | $2K | — | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04479 | −0.533% | $1.1M | $2.7M | 20x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04502 | −0.022% | $122K | $151K | 20x | as long as short |
| KuCoin CARVUSDTMlong | +0.0100% | 4h | 0.04503 | long leg | $176K | $45K | 20x | |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04501 | −0.044% | $779K | $969K | 25x | as long as short |
| Binance CARVUSDT | +0.0204% | 4h | 0.04494 | −0.200% | $1.7M | $11.4M | 50x | as long as short |
| MEXC CARV_USDT | +0.0210% | 4h | 0.04495 | −0.178% | $204K | $246K | 20x | as long as short |
| BingX CARV-USDTshort | +0.0800% | 4h | 0.04486 | −0.378% | — | $1.4M | — |
Variational Omni CARV
Bybit CARVUSDT
Gate CARV_USDT
Bitget CARVUSDT
Binance CARVUSDT
MEXC CARV_USDT