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: BingX against KuCoin−0.305%7-day average −0.233% · you buy dearer than you sell
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4394.394% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now −0.305%, 7d avg −0.233%
=Funding pays, the price is against you. BingX is 0.071% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.305% now, against its 7-day average of −0.233%). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day). 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 | KuCoin DEEPUSDTM | 0.01970 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $1.8M | $92K | 20x |
| Short | BingX DEEP-USDT | 0.01964 | 0.0200 | get 0.0100% / 4h | 2h 46m | — | $6.7M | — |
KuCoin DEEPUSDTM
BingX DEEP-USDTFunding 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 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: −0.305% → −0.233%
- −$7.13
- Slippage, 4 orders
- −$417.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$425.5
- Costs to cover
- 4.394%
- Break-even
- 148.8 days
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 6 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 KuCoin live order book, 5 min ago | 25.38 bp | 185.2 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 12.74 bp | 39.9 bp −$40 | 102.5 bp −$1,025 | 564.6 bp −$56.5K | 1000.1 bp −$500.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance DEEPUSDT | +0.0100% | 4h | 0.01966 | −0.203% | $2.0M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01958 | −0.609% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01963 | −0.355% | $303K | $96K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01967 | −0.152% | $1.0M | $544K | 100x | as long as short |
| KuCoin DEEPUSDTMlong | +0.0100% | 4h | 0.01970 | long leg | $1.8M | $92K | 20x | |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01965 | −0.254% | $834K | $600K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01959 | −0.558% | $11K | $6K | — | as long as short |
| Bluefin DEEP-PERP | +0.0100% | 1h | 0.01967 | −0.152% | $80K | $15K | 20x | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01966 | −0.213% | $5K | $221K | 5x | as long as short |
| BloFin DEEP-USDT | +0.0108% | 8h | 0.01959 | −0.558% | $138K | $34K | 50x | as long as short |
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
Bitget DEEPUSDT
Variational Omni DEEP
Bluefin DEEP-PERP
Extended DEEP-USD
BloFin DEEP-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01964 | −0.305% | — | $6.7M | — | |
| Kraken Futures PF_DEEPUSD | +1.2386% | 1h | 0.01964 | −0.329% | $8K | $7K | 10x | as long as short |
Kraken Futures PF_DEEPUSD