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: BingX against KuCoin−0.007%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1281.275% of the position
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.007%, 7d avg +0.064%
=Funding pays, the price is against you. BingX is 0.071% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.064%). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COTIUSDTM | 0.01480 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $1.9M | $1.5M | 50x |
| Short | BingX COTI-USDT | 0.01480 | 0.0200 | get 0.0100% / 4h | 1h 35m | — | $1.6M | — |
Funding 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
- $21
- Price spread: −0.007% → +0.064%
- −$7.09
- Slippage, 4 orders
- −$105.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$113.6
- Costs to cover
- 1.275%
- Break-even
- 44.9 days
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 11 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, 6 min ago | 6.65 bp | 42.6 bp −$43 | 327.3 bp −$3,273 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 6.30 bp | 21.5 bp −$22 | 66.8 bp −$668 | 254.5 bp −$25.4K | 313.6 bp −$156.8K |
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 | −0.0160% | 4h | 0.01480 | +0.024% | $9K | $282K | 5x | as long as short |
| MEXC COTI_USDT | +0.0084% | 4h | 0.01480 | −0.034% | $12.5M | $1.7M | 50x | as long as short |
| Binance COTIUSDT | +0.0087% | 4h | 0.01481 | +0.071% | $7.1M | $32.9M | 50x | as long as short |
| Bybit COTIUSDT | +0.0100% | 8h | 0.01482 | +0.115% | $3.7M | $6.9M | 50x | as long as short |
| Gate COTI_USDT | +0.0100% | 4h | 0.01480 | 0.000% | $427K | $835K | 25x | as long as short |
| KuCoin COTIUSDTMlong | +0.0100% | 4h | 0.01480 | long leg | $1.9M | $1.5M | 50x | |
| Bitget COTIUSDT | +0.0100% | 4h | 0.01481 | +0.068% | $3.2M | $2.4M | 50x | as long as short |
| Variational Omni COTI | +0.0100% | 8h | 0.01506 | +1.745% | $25K | $28K | — | as long as short |
| BingX COTI-USDTshort | +0.0200% | 4h | 0.01480 | −0.007% | — | $1.6M | — | |
| BloFin COTI-USDT | +0.0324% | 4h | 0.01484 | +0.264% | $394K | $427K | 50x | as long as short |
KuCoin COTIUSDTM
BingX COTI-USDT
Aster COTIUSDT
MEXC COTI_USDT
Binance COTIUSDT
Bybit COTIUSDT
Gate COTI_USDT
Bitget COTIUSDT
Variational Omni COTI
BloFin COTI-USDT