Settings8H · net · $10k
Funding arb · Price arb /

EDU

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0782%/8h= +85.6% APRnext payment +$7.82 per $10,000 · paid last 24h +0.055%
Price spread now: KuCoin against BingX−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.059% cheaper against BingX than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.036% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX EDU-USDT0.050950.0100pay 0.0100% / 8h6h 50m$2.3M
ShortKuCoin EDUUSDTM0.050920.0882get 0.0882% / 8h6h 50m$82K$31K30x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$164.22
Price spread: −0.059% → 0.000%
−$5.89
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$136.33
Costs to cover
0.220%
Break-even
1.2 days
Slippage unknown: BingX: live order book, 12 min ago; KuCoin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago5.86 bp27.3 bp −$2776.7 bp −$767471.5 bp −$47.2K531.5 bp −$265.7K
Sell KuCoin no order-book sample
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDU on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EDUUSDT+0.0100%8h0.05095+0.003%$2K$8K5xas long as short
Binance EDUUSDT+0.0100%8h0.05095+0.006%$4.2M$1.8M50xas long as short
Bybit EDUUSDT+0.0100%8h0.05091−0.079%$507K$246K5xas long as short
Gate EDU_USDT+0.0100%8h0.05085−0.196%$107K$19K50xas long as short
MEXC EDU_USDT+0.0100%8h0.05097+0.039%$3.5M$246K50xas long as short
BingX EDU-USDTlong+0.0100%8h0.05095long leg$2.3M
Variational Omni EDU+0.0100%8h0.05087−0.163%$5K$27as long as short
KuCoin EDUUSDTMshort+0.0882%8h0.05092−0.059%$82K$31K30x