Funding you earn now, next payment 08:00 UTC−0.0866%/8h= −94.8% APRnext payment −$4.33 per $10,000 · paid last 24h −0.148%
Price spread now: KuCoin against BingX−0.267%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,001as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,953as in the Price arb table
costs, in and out, $10k−$1,93519.349% of the position
Funding, last 7 days−0.665%−$66 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now −0.267%, 7d avg −0.089%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and KuCoin is 0.178% cheaper against BingX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ELSA-USDT | 0.05611 | 0.0966 | pay 0.0483% / 4h | 2h 37m | — | $1.3M | — |
| Short | KuCoin ELSAUSDTM | 0.05596 | 0.0100 | get 0.0050% / 4h | 2h 37m | $185K | $23K | 20x |
BingX ELSA-USDT
KuCoin ELSAUSDTMFunding 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
- −$181.86
- Price spread: −0.267% → −0.089%
- −$17.82
- Slippage, 4 orders
- −$1,912.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,134.54
- Costs to cover
- 19.349%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 18 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, 4 min ago | 2.68 bp | 29.4 bp −$29 | 260.6 bp −$2,606 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 37.49 bp | 623.5 bp −$623 | doesn't fit | doesn't fit | doesn't fit |
ELSA on 9 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 ELSAUSDT | +0.0100% | 4h | 0.05610 | −0.018% | $1.3M | $1.2M | 20x | as long as short |
| Gate ELSA_USDT | +0.0100% | 4h | 0.05607 | −0.071% | $144K | $48K | 20x | as long as short |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05609 | −0.036% | $506K | $123K | 50x | as long as short |
| KuCoin ELSAUSDTMshort | +0.0100% | 4h | 0.05596 | −0.267% | $185K | $23K | 20x | |
| Variational Omni ELSA | +0.0100% | 4h | 0.05604 | −0.131% | $1K | $461 | — | as long as short |
| Aster ELSAUSDT | +0.0316% | 4h | 0.05596 | −0.267% | $32K | $5K | 5x | as long as short |
| Bitget ELSAUSDT | +0.0320% | 4h | 0.05619 | +0.143% | $469K | $164K | 20x | as long as short |
| BingX ELSA-USDTlong | +0.0966% | 4h | 0.05611 | long leg | — | $1.3M | — | |
| Bybit ELSAUSDT | +0.1113% | 4h | 0.05610 | −0.018% | $837K | $300K | 20x | as long as short |
Binance ELSAUSDT
Gate ELSA_USDT
MEXC ELSA_USDT
Variational Omni ELSA
Aster ELSAUSDT
Bitget ELSAUSDT
Bybit ELSAUSDT