Funding you earn now, next payment 08:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.88 per $10,000 · paid last 24h +0.142%
Price spread now: KuCoin against BingX−0.014%7-day average +0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$703as in the Funding arb table
Net, price: spread back to 7d avg − costs−$727as in the Price arb table
costs, in and out, $10k−$7167.158% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.014%, 7d avg +0.100%
=Funding pays, the price is against you. KuCoin is 0.114% cheaper against BingX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.100%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.129% in total) that is about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX EUL-USDT | 1.4199 | 0.0100 | pay 0.0050% / 4h | 2h 38m | — | $6.5M | — |
| Short | KuCoin EULUSDTM | 1.4197 | 0.0276 | get 0.0138% / 4h | 2h 38m | $307K | $52K | 25x |
BingX EUL-USDT
KuCoin EULUSDTMFunding 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
- $36.96
- Price spread: −0.014% → +0.100%
- −$11.38
- Slippage, 4 orders
- −$693.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$690.22
- Costs to cover
- 7.158%
- Break-even
- 137.7 days
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 19 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, 9 min ago | 4.55 bp | 24.3 bp −$24 | 83.2 bp −$832 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 7.67 bp | 211.1 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0098% | 4h | 1.4169 | −0.211% | $304K | $8K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4189 | −0.070% | $36K | $7K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4206 | +0.052% | $3.2M | $5.2M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4201 | +0.014% | $1.6M | $1.2M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4199 | 0.000% | $317K | $715K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4182 | −0.120% | $484K | $128K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4200 | +0.007% | $2.2M | $322K | 25x | as long as short |
| BingX EUL-USDTlong | +0.0100% | 4h | 1.4199 | long leg | — | $6.5M | — | |
| Variational Omni EUL | +0.0100% | 4h | 1.4200 | +0.008% | $12K | $1K | — | as long as short |
| HTX EUL-USDT | +0.0100% | 4h | 1.4247 | +0.338% | $130K | $44K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
Variational Omni EUL
HTX EUL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EULUSDC | +0.0114% | 4h | 1.4255 | +0.397% | $17K | $272K | 10x | as long as short |
| KuCoin EULUSDTMshort | +0.0276% | 4h | 1.4197 | −0.014% | $307K | $52K | 25x |
edgeX EULUSDC