Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.074%
Price spread now: KuCoin against BingX+0.168%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$761as in the Funding arb table
Net, price: spread back to 7d avg − costs−$703as in the Price arb table
costs, in and out, $10k−$7277.270% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.168%, 7d avg −0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.240% dearer against BingX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COOKIE-USDT | 0.01311 | 0.0100 | pay 0.0050% / 4h | 3h 39m | — | $6.6M | — |
| Short | KuCoin COOKIEUSDTM | 0.01313 | 0.0100 | get 0.0050% / 4h | 3h 39m | $267K | $215K | 20x |
BingX COOKIE-USDT
KuCoin COOKIEUSDTMFunding 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
- $0
- Price spread: +0.168% → −0.073%
- $24.04
- Slippage, 4 orders
- −$704.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$702.93
- Costs to cover
- 7.270%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 52 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, 12 min ago | 6.42 bp | 33.9 bp −$34 | 171.6 bp −$1,716 | 532.1 bp −$53.2K | 703.8 bp −$351.9K |
| Sell KuCoin live order book, 52 min ago | 22.76 bp | 320.5 bp −$320 | doesn't fit | doesn't fit | doesn't fit |
COOKIE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit COOKIEUSDT | −0.0446% | 4h | 0.01306 | −0.343% | $1.1M | $2.6M | 25x | as long as short |
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01312 | +0.108% | $2.4M | $15.4M | 20x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01311 | +0.015% | $139K | $351K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01311 | +0.015% | $738K | $504K | 100x | as long as short |
| KuCoin COOKIEUSDTMshort | +0.0100% | 4h | 0.01313 | +0.168% | $267K | $215K | 20x | |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01311 | +0.015% | $403K | $455K | 5x | as long as short |
| BingX COOKIE-USDTlong | +0.0100% | 4h | 0.01311 | long leg | — | $6.6M | — | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01309 | −0.161% | $13K | $20K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0677% | 1h | 0.01315 | +0.353% | $14K | $49K | 10x | as long as short |
Bybit COOKIEUSDT
Binance COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
Bitget COOKIEUSDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD