Funding you earn now, next payment 08:00 UTC−0.0518%/8h= −56.7% APRnext payment −$5.18 per $10,000 · paid last 24h −0.055%
Price spread now: BingX against KuCoin−0.349%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and BingX is 0.349% cheaper against KuCoin than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
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 −$5.18 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 | KuCoin EDUUSDTM | 0.05158 | 0.0618 | pay 0.0618% / 8h | 5h 14m | $80K | $30K | 30x |
| Short | BingX EDU-USDT | 0.05140 | 0.0100 | get 0.0100% / 8h | 5h 14m | — | $2.3M | — |
KuCoin EDUUSDTM
BingX EDU-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
- −$108.78
- Price spread: −0.349% → 0.000%
- −$34.9
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$165.68
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 10 min ago | 4.86 bp | 25.5 bp −$25 | 72.4 bp −$724 | 454.1 bp −$45.4K | 524.6 bp −$262.3K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDUUSDT | +0.0100% | 8h | 0.05144 | −0.275% | $1K | $9K | 5x | as long as short |
| Binance EDUUSDT | +0.0100% | 8h | 0.05146 | −0.233% | $4.3M | $1.8M | 50x | as long as short |
| Bybit EDUUSDT | +0.0100% | 8h | 0.05140 | −0.349% | $512K | $249K | 5x | as long as short |
| Gate EDU_USDT | +0.0100% | 8h | 0.05146 | −0.233% | $107K | $21K | 50x | as long as short |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05145 | −0.252% | $3.5M | $248K | 50x | as long as short |
| BingX EDU-USDTshort | +0.0100% | 8h | 0.05140 | −0.349% | — | $2.3M | — | |
| Variational Omni EDU | +0.0100% | 8h | 0.05151 | −0.136% | $5K | $27 | — | as long as short |
| KuCoin EDUUSDTMlong | +0.0618% | 8h | 0.05158 | long leg | $80K | $30K | 30x |
Aster EDUUSDT
Binance EDUUSDT
Bybit EDUUSDT
Gate EDU_USDT
MEXC EDU_USDT
Variational Omni EDU