Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.076%
Price spread now: BingX against KuCoin+0.198%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$927as in the Funding arb table
Net, price: spread back to 7d avg − costs−$952as in the Price arb table
costs, in and out, $10k−$9649.642% of the position
Funding, last 7 days+0.371%+$37 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.198%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.124% dearer against KuCoin than usual: you sell high and buy low, +$12 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 | KuCoin COOKIEUSDTM | 0.01265 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $230K | $163K | 20x |
| Short | BingX COOKIE-USDT | 0.01268 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $6.6M | — |
KuCoin COOKIEUSDTM
BingX COOKIE-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
- $0
- Price spread: +0.198% → +0.073%
- $12.44
- Slippage, 4 orders
- −$942.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$951.75
- Costs to cover
- 9.642%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; BingX: live order book, 6 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, 56 min ago | 15.70 bp | 393.4 bp −$393 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 7.92 bp | 42.2 bp −$42 | 209.7 bp −$2,097 | 656.1 bp −$65.6K | 896.3 bp −$448.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01266 | +0.063% | $2.1M | $9.8M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01263 | −0.166% | $876K | $1.6M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01268 | +0.237% | $129K | $238K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01264 | −0.079% | $645K | $377K | 100x | as long as short |
| KuCoin COOKIEUSDTMlong | +0.0100% | 4h | 0.01265 | long leg | $230K | $163K | 20x | |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01267 | +0.158% | $366K | $312K | 5x | as long as short |
| BingX COOKIE-USDTshort | +0.0100% | 4h | 0.01268 | +0.198% | — | $6.6M | — | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01266 | +0.072% | $13K | $21K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0431% | 1h | 0.01271 | +0.438% | $16K | $43K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
Bitget COOKIEUSDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD