Funding you earn now, next payment 08:00 UTC−0.0328%/8h= −35.9% APRnext payment −$1.64 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against BingX0.000%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2692.689% of the position
Funding, last 7 days−0.215%−$21 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now 0.000%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.215% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CYS-USDT | 0.1627 | 0.0428 | pay 0.0214% / 4h | 2h 37m | — | $1.3M | — |
| Short | KuCoin CYSUSDTM | 0.1627 | 0.0100 | get 0.0050% / 4h | 2h 37m | $1.4M | $151K | 20x |
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
- −$68.88
- Price spread: 0.000% → −0.016%
- $1.55
- Slippage, 4 orders
- −$246.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$336.18
- Costs to cover
- 2.689%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 3 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, 4 min ago | 6.17 bp | 27.7 bp −$28 | 84.7 bp −$847 | 845.3 bp −$84.5K | 1146.1 bp −$573.0K |
| Sell KuCoin live order book, 3 min ago | 21.52 bp | 139.6 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
CYS 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 CYSUSDT | +0.0100% | 4h | 0.1628 | +0.061% | $259K | $88K | 10x | as long as short |
| Binance CYSUSDT | +0.0100% | 4h | 0.1628 | +0.041% | $4.3M | $4.9M | 20x | as long as short |
| MEXC CYS_USDT | +0.0100% | 4h | 0.1627 | 0.000% | $1.5M | $234K | 50x | as long as short |
| KuCoin CYSUSDTMshort | +0.0100% | 4h | 0.1627 | 0.000% | $1.4M | $151K | 20x | |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1627 | −0.025% | $1.7M | $728K | 25x | as long as short |
| Variational Omni CYS | +0.0100% | 4h | 0.1621 | −0.384% | $34K | $13K | — | as long as short |
| edgeX CYSUSDC | +0.0117% | 4h | 0.1631 | +0.269% | $7K | $110K | 10x | as long as short |
| BingX CYS-USDTlong | +0.0428% | 4h | 0.1627 | long leg | — | $1.3M | — | |
| Bybit CYSUSDT | +0.0487% | 4h | 0.1629 | +0.123% | $1.5M | $1.1M | 13x | as long as short |
| Gate CYS_USDT | +0.1024% | 4h | 0.1635 | +0.492% | $637K | $118K | 20x | as long as short |
BingX CYS-USDT
KuCoin CYSUSDTM
Aster CYSUSDT
Binance CYSUSDT
MEXC CYS_USDT
Bitget CYSUSDT
Variational Omni CYS
edgeX CYSUSDC
Bybit CYSUSDT
Gate CYS_USDT