Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against BingX+0.306%7-day average +0.233% · you sell dearer than you buy
Net, funding: paid 7d − costs−$432as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$4304.301% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now +0.306%, 7d avg +0.233%
=The price spread pays, funding is against you. KuCoin is 0.073% dearer against BingX than usual: you sell high and buy low (spread +0.306% now, against its 7-day average of +0.233%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.022% in total) that is about 23 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DEEP-USDT | 0.01963 | 0.0200 | pay 0.0100% / 4h | 2h 51m | — | $6.7M | — |
| Short | KuCoin DEEPUSDTM | 0.01969 | 0.0100 | get 0.0050% / 4h | 2h 51m | $1.8M | $93K | 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
- −$21
- Price spread: +0.306% → +0.233%
- $7.3
- Slippage, 4 orders
- −$408.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$443.79
- Costs to cover
- 4.301%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; KuCoin: live order book, 5 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, 16 min ago | 10.11 bp | 30.5 bp −$30 | 87.6 bp −$876 | 618.8 bp −$61.9K | 1078.6 bp −$539.3K |
| Sell KuCoin live order book, 5 min ago | 17.69 bp | 183.0 bp −$183 | doesn't fit | doesn't fit | doesn't fit |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEEP-USDT | +0.0091% | 8h | 0.01959 | −0.204% | $137K | $34K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01966 | +0.141% | $2.0M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01958 | −0.255% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01960 | −0.153% | $302K | $96K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01965 | +0.102% | $1.0M | $544K | 100x | as long as short |
| KuCoin DEEPUSDTMshort | +0.0100% | 4h | 0.01969 | +0.306% | $1.8M | $93K | 20x | |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01965 | +0.102% | $834K | $600K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01970 | +0.382% | $11K | $6K | — | as long as short |
| Bluefin DEEP-PERP | +0.0100% | 1h | 0.01966 | +0.153% | $80K | $15K | 20x | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01965 | +0.092% | $5K | $221K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTlong | +0.0200% | 4h | 0.01963 | long leg | — | $6.7M | — | |
| Kraken Futures PF_DEEPUSD | +1.2390% | 1h | 0.01963 | −0.005% | $8K | $7K | 10x | as long as short |
BingX DEEP-USDT
KuCoin DEEPUSDTM
BloFin DEEP-USDT
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
Bitget DEEPUSDT
Variational Omni DEEP
Bluefin DEEP-PERP
Extended DEEP-USD
Kraken Futures PF_DEEPUSD