Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h +0.094%
Price spread now: KuCoin against BingX−0.045%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$716as in the Funding arb table
Net, price: spread back to 7d avg − costs−$737as in the Price arb table
costs, in and out, $10k−$7317.308% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.045%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.060% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.143%, 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 | BingX FHE-USDT | 0.02207 | 0.0980 | pay 0.0490% / 4h | 1h 58m | — | $6.5M | — |
| Short | KuCoin FHEUSDTM | 0.02206 | 0.0918 | get 0.0459% / 4h | 1h 58m | $653K | $9.0M | 10x |
BingX FHE-USDT
KuCoin FHEUSDTMFunding 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
- −$13.02
- Price spread: −0.045% → +0.015%
- −$5.98
- Slippage, 4 orders
- −$708.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$749.78
- Costs to cover
- 7.308%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 9 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, 6 min ago | 6.80 bp | 42.2 bp −$42 | 224.0 bp −$2,240 | 1045.2 bp −$104.5K | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 2.26 bp | 64.3 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
FHE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FHEUSDT | +0.0100% | 4h | 0.02206 | −0.045% | $1.5M | $512K | 13x | as long as short |
| Gate FHE_USDT | +0.0100% | 8h | 0.02204 | −0.136% | $609K | $71K | 10x | as long as short |
| Aster FHEUSDT | +0.0727% | 4h | 0.02208 | +0.050% | $17K | $2K | 5x | as long as short |
| KuCoin FHEUSDTMshort | +0.0918% | 4h | 0.02206 | −0.045% | $653K | $9.0M | 10x | |
| BingX FHE-USDTlong | +0.0980% | 4h | 0.02207 | long leg | — | $6.5M | — | |
| Extended FHE-USD | +0.1048% | 1h | 0.02209 | +0.106% | $2K | $199K | 5x | as long as short |
| MEXC FHE_USDT | +0.1050% | 4h | 0.02209 | +0.091% | $868K | $314K | 50x | as long as short |
| Binance FHEUSDT | +0.1051% | 4h | 0.02211 | +0.194% | $3.0M | $1.5M | 10x | as long as short |
Bybit FHEUSDT
Gate FHE_USDT
Aster FHEUSDT
Extended FHE-USD
MEXC FHE_USDT
Binance FHEUSDT