Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.074%
Price spread now: KuCoin against BingX0.000%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1501.503% of the position
Funding, last 7 days−0.245%−$25 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now 0.000%, 7d avg −0.064%
=The price spread pays, funding is against you. KuCoin is 0.064% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.064%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COTI-USDT | 0.01499 | 0.0200 | pay 0.0100% / 4h | 54m 25s | — | $1.6M | — |
| Short | KuCoin COTIUSDTM | 0.01499 | 0.0100 | get 0.0050% / 4h | 54m 25s | $1.9M | $1.5M | 50x |
Funding 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
- −$21
- Price spread: 0.000% → −0.064%
- $6.41
- Slippage, 4 orders
- −$128.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$164.89
- Costs to cover
- 1.503%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago | 6.99 bp | 25.2 bp −$25 | 62.8 bp −$628 | 376.1 bp −$37.6K | 482.8 bp −$241.4K |
| Sell KuCoin live order book, 2 min ago | 13.33 bp | 53.6 bp −$54 | 241.0 bp −$2,410 | doesn't fit | doesn't fit |
COTI on 10 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 COTIUSDT | −0.0231% | 4h | 0.01497 | −0.138% | $12K | $290K | 5x | as long as short |
| Binance COTIUSDT | −0.0025% | 4h | 0.01498 | −0.067% | $7.4M | $34.3M | 50x | as long as short |
| MEXC COTI_USDT | −0.0014% | 4h | 0.01496 | −0.167% | $12.7M | $1.8M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01499 | +0.020% | $3.7M | $7.4M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01500 | +0.067% | $427K | $852K | 25x | as long as short |
| KuCoin COTIUSDTMshort | +0.0100% | 4h | 0.01499 | 0.000% | $1.9M | $1.5M | 50x | |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01500 | +0.067% | $3.3M | $2.5M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01503 | +0.253% | $27K | $30K | — | as long as short |
| BingX COTI-USDTlong | +0.0200% | 4h | 0.01499 | long leg | — | $1.6M | — | |
| BloFin COTI-USDT | +0.0226% | 4h | 0.01497 | −0.107% | $406K | $454K | 50x | as long as short |
BingX COTI-USDT
KuCoin COTIUSDTM
Aster COTIUSDT
Binance COTIUSDT
MEXC COTI_USDT
Bybit COTIUSDT
Gate COTI_USDT
Bitget COTIUSDT
Variational Omni COTI
BloFin COTI-USDT