Funding you earn now, next payment 04:00 UTC−0.0420%/8h= −46.0% APRnext payment −$2.10 per $10,000 · paid last 24h −0.134%
Price spread now: KuCoin against BingX−0.055%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$871as in the Funding arb table
Net, price: spread back to 7d avg − costs−$862as in the Price arb table
costs, in and out, $10k−$8528.523% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.055%, 7d avg +0.043%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.099% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.187% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.10 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 DOS-USDT | 0.2172 | 0.0520 | pay 0.0260% / 4h | 2h 28m | — | $1.6M | — |
| Short | KuCoin DOSUSDTM | 0.2171 | 0.0100 | get 0.0050% / 4h | 2h 28m | $296K | $873K | 20x |
BingX DOS-USDT
KuCoin DOSUSDTMFunding 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
- −$88.2
- Price spread: −0.055% → +0.043%
- −$9.86
- Slippage, 4 orders
- −$830.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$950.39
- Costs to cover
- 8.523%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 21 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, 9 min ago | 6.92 bp | 22.7 bp −$23 | 94.7 bp −$947 | 1067.9 bp −$106.8K | 1355.6 bp −$677.8K |
| Sell KuCoin live order book, 21 min ago | 18.57 bp | 256.0 bp −$256 | doesn't fit | doesn't fit | doesn't fit |
DOS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2171 | −0.046% | $177K | $163K | 20x | as long as short |
| KuCoin DOSUSDTMshort | +0.0100% | 4h | 0.2171 | −0.055% | $296K | $873K | 20x | |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2170 | −0.069% | $212K | $300K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2173 | +0.046% | $15K | $365K | 10x | as long as short |
| OKX DOS-USDT-SWAP | +0.0222% | 4h | 0.2173 | +0.046% | $1.2M | $2.1M | 20x | as long as short |
| BingX DOS-USDTlong | +0.0520% | 4h | 0.2172 | long leg | — | $1.6M | — | |
| Binance DOSUSDT | +0.0540% | 4h | 0.2171 | −0.046% | $2.2M | $2.5M | 20x | as long as short |
| MEXC DOS_USDT | +0.0546% | 4h | 0.2171 | −0.046% | $477K | $162K | 20x | as long as short |
| Bybit DOSUSDT | +0.0575% | 4h | 0.2172 | 0.000% | $846K | $173K | 20x | as long as short |
| Aster DOSUSDT | +0.0748% | 4h | 0.2170 | −0.092% | $6K | $13K | 5x | as long as short |
Gate DOS_USDT
Bitget DOSUSDT
HTX DOS-USDT
OKX DOS-USDT-SWAP
Binance DOSUSDT
MEXC DOS_USDT
Bybit DOSUSDT
Aster DOSUSDT