Settings8H · net · $10k
Funding arb · Price arb /

CROSS

all CROSS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin+0.299%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,698as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,678as in the Price arb table
costs, in and out, $10k−$1,69716.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.475%−$47 · spread now +0.299%, 7d avg +0.108%
Together, before fees−0.482%−$48 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.191% dearer against KuCoin than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CROSSUSDTM0.15050.0100pay 0.0050% / 4h3h 59m$274K$28K20x
ShortBingX CROSS-USDT0.15100.0100get 0.0050% / 4h3h 59m$1.3M

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.299% → +0.108%
$19.1
Slippage, 4 orders
−$1,674.76
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,677.65
Costs to cover
16.968%
Break-even
never at this rate
Slippage from KuCoin: live order book, 12 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 12 min ago25.39 bp832.1 bp −$832doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago5.61 bp52.8 bp −$53147.3 bp −$1,4731186.5 bp −$118.7Kdoesn't fit

CROSS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CROSSUSDT+0.0100%4h0.1510+0.279%$1.6M$2.7M40xas long as short
Bybit CROSSUSDT+0.0100%4h0.1510+0.299%$684K$586K20xas long as short
Gate CROSS_USDT+0.0100%4h0.1510+0.279%$186K$41K20xas long as short
MEXC CROSS_USDT+0.0100%4h0.1510+0.306%$316K$143K100xas long as short
KuCoin CROSSUSDTMlong+0.0100%4h0.1505long leg$274K$28K20x
Bitget CROSSUSDT+0.0100%4h0.1507+0.086%$1.3M$168K20xas long as short
BingX CROSS-USDTshort+0.0100%4h0.1510+0.299%$1.3M
Variational Omni CROSS+0.0100%4h0.1510+0.315%$695$2Kas long as short