Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h −0.308%
Price spread now: KuCoin against BingX+0.330%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1561.563% of the position
Funding, last 6 days (all we have)−0.027%−$3 on $10k
+Price spread, last 6 days (all we have)−0.330%−$33 · spread now +0.330%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.328% dearer against BingX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVC-USDT | 0.02727 | 0.0004 | pay 0.0002% / 4h | 2h 31m | — | $2.4M | — |
| Short | KuCoin CVCUSDTM | 0.02736 | 0.0100 | get 0.0050% / 4h | 2h 31m | $1.4M | $398K | 30x |
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
- $20.16
- Price spread: +0.330% → +0.002%
- $32.79
- Slippage, 4 orders
- −$134.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$103.35
- Costs to cover
- 1.563%
- Break-even
- 42.9 days
Slippage from BingX: live order book, 8 min ago; KuCoin: 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 BingX live order book, 8 min ago | 7.35 bp | 17.9 bp −$18 | 59.5 bp −$595 | 818.7 bp −$81.9K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 7.30 bp | 35.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.1176% | 4h | 0.02733 | +0.220% | $209K | $308K | 25x | as long as short |
| Bitget CVCUSDT | −0.0010% | 4h | 0.02732 | +0.183% | $463K | $462K | 50x | as long as short |
| BingX CVC-USDTlong | +0.0004% | 4h | 0.02727 | long leg | — | $2.4M | — | |
| Binance CVCUSDT | +0.0042% | 4h | 0.02734 | +0.257% | $2.9M | $5.6M | 50x | as long as short |
| MEXC CVC_USDT | +0.0044% | 4h | 0.02734 | +0.257% | $678K | $121K | 20x | as long as short |
| KuCoin CVCUSDTMshort | +0.0100% | 4h | 0.02736 | +0.330% | $1.4M | $398K | 30x | |
| Variational Omni CVC | +0.7119% | 1h | 0.02714 | −0.480% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +0.8873% | 1h | 0.02712 | −0.550% | $1.7M | $1.4M | 25x | as long as short |
BingX CVC-USDT
KuCoin CVCUSDTM
Gate CVC_USDT
Bitget CVCUSDT
Binance CVCUSDT
MEXC CVC_USDT
Variational Omni CVC
Bybit CVCUSDT