Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against KuCoin−0.056%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.056%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.060% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7128 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $1.2M | $268K | 50x |
| Short | BingX ETHFI-USDT | 0.7124 | 0.0100 | get 0.0050% / 4h | 2h 30m | — | $25.9M | — |
KuCoin ETHFIUSDTM
BingX ETHFI-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
- $0
- Price spread: −0.056% → +0.004%
- −$6.01
- Slippage, 4 orders
- −$104.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.11
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 3 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, 4 min ago | 9.80 bp | 62.6 bp −$63 | 157.4 bp −$1,574 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 1.40 bp | 7.7 bp −$8 | 10.9 bp −$109 | 29.4 bp −$2,937 | 71.3 bp −$35.7K |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0591% | 1h | 0.7125 | −0.042% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0214% | 1h | 0.7129 | +0.009% | $278K | $131K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0159% | 4h | 0.7122 | −0.084% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0082% | 4h | 0.7114 | −0.196% | $82K | $164K | 20x | as long as short |
| Bitget ETHFIUSDT | +0.0022% | 4h | 0.7125 | −0.042% | $6.1M | $5.6M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0030% | 8h | 0.7121 | −0.099% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.571% | $321 | $51K | 5.5x | as long as short |
| Extended ETHFI-USD | +0.0088% | 1h | 0.7125 | −0.040% | $92K | $495K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0089% | 4h | 0.7127 | −0.014% | $24.9M | $36.3M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0090% | 4h | 0.7127 | −0.014% | $15.4M | $3.7M | 125x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Bitget ETHFIUSDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ETHFI | +0.0093% | 4h | 0.7160 | +0.452% | $1.0M | $718K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7124 | −0.062% | $1.1M | $891K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7124 | −0.051% | $18.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7127 | −0.014% | $181K | $252K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7130 | +0.028% | $18.3M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7133 | +0.070% | $4.9M | $12.0M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7126 | −0.028% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7128 | long leg | $1.2M | $268K | 50x | |
| BingX ETHFI-USDTshort | +0.0100% | 4h | 0.7124 | −0.056% | — | $25.9M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7137 | +0.119% | $56K | $81K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7131 | +0.042% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7125 | −0.042% | $8K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7131 | +0.042% | $31K | $8K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0329% | 4h | 0.7118 | −0.140% | $1.3M | $292K | 75x | as long as short |
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT