Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.499%
Price spread now: BingX against KuCoin−0.043%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2072.067% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now −0.043%, 7d avg −0.076%
=The price spread pays, funding is against you. BingX is 0.033% dearer against KuCoin than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.076%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 hours. Mind the row above: over the last 7 days funding on this pair paid +0.407%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ESPUSDTM | 0.09386 | 0.0100 | pay 0.0050% / 4h | 28m 22s | $1.5M | $45K | 25x |
| Short | BingX ESP-USDT | 0.09382 | 0.0036 | get 0.0018% / 4h | 28m 22s | — | $1.7M | — |
KuCoin ESPUSDTM
BingX ESP-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
- −$13.44
- Price spread: −0.043% → −0.076%
- $3.34
- Slippage, 4 orders
- −$184.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$216.76
- Costs to cover
- 2.067%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 4 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, 2 min ago | 13.33 bp | 77.2 bp −$77 | 785.0 bp −$7,850 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.40 bp | 23.3 bp −$23 | 69.0 bp −$690 | 437.8 bp −$43.8K | 968.0 bp −$484.0K |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDTshort | +0.0036% | 4h | 0.09382 | −0.043% | — | $1.7M | — | |
| BloFin ESP-USDT | +0.0083% | 4h | 0.09385 | −0.011% | $124K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09386 | +0.004% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09384 | −0.021% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09387 | +0.011% | $597K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09388 | +0.021% | $175K | $600K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09386 | 0.000% | $1.3M | $120K | 20x | as long as short |
| KuCoin ESPUSDTMlong | +0.0100% | 4h | 0.09386 | long leg | $1.5M | $45K | 25x | |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09384 | −0.022% | $943K | $135K | 20x | as long as short |
| edgeX ESPUSDC | +0.0108% | 4h | 0.09376 | −0.102% | $29K | $268K | 10x | as long as short |
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0256% | 4h | 0.09368 | −0.192% | $1.1M | $614K | 50x | as long as short |
Bybit ESPUSDT