Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.102%
Price spread now: KuCoin against BingX+0.147%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$455as in the Price arb table
costs, in and out, $10k−$4644.637% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 7 days−0.108%−$11 · spread now +0.147%, 7d avg +0.062%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.085% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CP-USDT | 0.01358 | 0.0070 | pay 0.0035% / 4h | 2h 50m | — | $1.0M | — |
| Short | KuCoin CPUSDTM | 0.01360 | 0.0100 | get 0.0050% / 4h | 2h 50m | $193K | $909K | 20x |
BingX CP-USDT
KuCoin CPUSDTMFunding 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
- $6.3
- Price spread: +0.147% → +0.062%
- $8.51
- Slippage, 4 orders
- −$441.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$448.89
- Costs to cover
- 4.637%
- Break-even
- 505.8 days
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 9 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, 9 min ago | 3.69 bp | 17.8 bp −$18 | 82.4 bp −$824 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 11.06 bp | 177.3 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDTlong | +0.0070% | 4h | 0.01358 | long leg | — | $1.0M | — | |
| Bybit CPUSDT | +0.0100% | 4h | 0.01357 | −0.074% | $1.4M | $2.4M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01358 | 0.000% | $3.8M | $10.9M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01356 | −0.147% | $561K | $511K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01358 | 0.000% | $1.5M | $363K | 20x | as long as short |
| KuCoin CPUSDTMshort | +0.0100% | 4h | 0.01360 | +0.147% | $193K | $909K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01357 | −0.059% | $761K | $1.5M | 20x | as long as short |
| BloFin CP-USDT | +0.0124% | 4h | 0.01358 | 0.000% | $422 | $37K | 20x | as long as short |
Bybit CPUSDT
OKX CP-USDT-SWAP
Gate CP_USDT
MEXC CP_USDT
Bitget CPUSDT
BloFin CP-USDT