Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against KuCoin−0.185%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5145.141% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.185%, 7d avg −0.072%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.113% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COWUSDTM | 0.1619 | 0.0100 | pay 0.0050% / 4h | 22m 46s | $222K | $43K | 20x |
| Short | BingX COW-USDT | 0.1616 | 0.0100 | get 0.0050% / 4h | 22m 46s | — | $6.6M | — |
KuCoin COWUSDTM
BingX COW-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: −0.185% → −0.072%
- −$11.33
- Slippage, 4 orders
- −$492.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$525.48
- Costs to cover
- 5.141%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 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, 9 min ago | 18.52 bp | 290.9 bp −$291 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 12.35 bp | 32.8 bp −$33 | 81.1 bp −$811 | 449.4 bp −$44.9K | 921.2 bp −$460.6K |
COW on 11 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 COWUSDT | +0.0100% | 4h | 0.1618 | −0.043% | $30K | $12K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1618 | −0.040% | $2.2M | $3.1M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1618 | −0.037% | $959K | $493K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1618 | −0.062% | $130K | $73K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1618 | −0.062% | $590K | $198K | 20x | as long as short |
| KuCoin COWUSDTMlong | +0.0100% | 4h | 0.1619 | long leg | $222K | $43K | 20x | |
| Bitget COWUSDT | +0.0100% | 4h | 0.1616 | −0.185% | $393K | $202K | 50x | as long as short |
| BingX COW-USDTshort | +0.0100% | 4h | 0.1616 | −0.185% | — | $6.6M | — | |
| Variational Omni COW | +0.0100% | 4h | 0.1614 | −0.296% | $6K | $592 | — | as long as short |
| BloFin COW-USDT | +0.0131% | 4h | 0.1616 | −0.185% | $139K | $32K | 75x | as long as short |
Aster COWUSDT
Binance COWUSDT
Bybit COWUSDT
Gate COW_USDT
MEXC COW_USDT
Bitget COWUSDT
Variational Omni COW
BloFin COW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.0686% | 1h | 0.1617 | −0.100% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD