Funding you earn now, next payment 04:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against KuCoin+0.056%7-day average +0.193% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,438as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,471as in the Price arb table
costs, in and out, $10k−$1,45814.575% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.056%, 7d avg +0.193%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.137% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.193%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.191%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COLLECTUSDTM | 0.01780 | 0.0244 | pay 0.0122% / 4h | 44m 30s | $717K | $66K | 20x |
| Short | BingX COLLECT-USDT | 0.01781 | 0.0100 | get 0.0050% / 4h | 44m 30s | — | $2.3M | — |
KuCoin COLLECTUSDTM
BingX COLLECT-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
- −$30.24
- Price spread: +0.056% → +0.193%
- −$13.72
- Slippage, 4 orders
- −$1,435.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,501.48
- Costs to cover
- 14.575%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 40 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, 40 min ago | 5.59 bp | 807.2 bp −$807 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 8.42 bp | 66.5 bp −$67 | 188.5 bp −$1,885 | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01777 | −0.169% | $352K | $30K | 5x | as long as short |
| Binance COLLECTUSDT | +0.0100% | 4h | 0.01781 | +0.050% | $5.0M | $1.9M | 20x | as long as short |
| Gate COLLECT_USDT | +0.0100% | 4h | 0.01783 | +0.169% | $255K | $58K | 20x | as long as short |
| MEXC COLLECT_USDT | +0.0100% | 4h | 0.01780 | 0.000% | $535K | $124K | 50x | as long as short |
| BingX COLLECT-USDTshort | +0.0100% | 4h | 0.01781 | +0.056% | — | $2.3M | — | |
| Extended COLLECT-USD | +0.0104% | 1h | 0.01781 | +0.031% | $7K | $293K | 5x | as long as short |
| BloFin COLLECT-USDT | +0.0144% | 4h | 0.01785 | +0.281% | $330K | $6K | 20x | as long as short |
| KuCoin COLLECTUSDTMlong | +0.0244% | 4h | 0.01780 | long leg | $717K | $66K | 20x |
Aster COLLECTUSDT
Binance COLLECTUSDT
Gate COLLECT_USDT
MEXC COLLECT_USDT
Extended COLLECT-USD
BloFin COLLECT-USDT