Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.005%
Price spread now: KuCoin against BingX+0.051%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.051%, 7d avg +0.021%
=The price spread pays, funding is against you. KuCoin is 0.030% dearer against BingX than usual: you sell high and buy low (spread +0.051% now, against its 7-day average of +0.021%): +$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 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDC | 0.9863 | 0.0048 | pay 0.0048% / 8h | 7h 58m | — | $6.5M | — |
| Short | KuCoin FILUSDTM | 0.9868 | −0.0034 | pay 0.0034% / 8h | 7h 58m | $7.4M | $7.1M | 50x |
BingX FIL-USDC
KuCoin FILUSDTMFunding 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
- −$17.22
- Price spread: +0.051% → +0.021%
- $3
- Slippage, 4 orders
- −$35.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$72.03
- Costs to cover
- 0.578%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 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, 11 min ago | 1.02 bp | 11.5 bp −$12 | 22.9 bp −$229 | 169.6 bp −$17.0K | 621.1 bp −$310.5K |
| Sell KuCoin live order book, 9 min ago | 2.03 bp | 16.3 bp −$16 | 38.3 bp −$383 | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0459% | 1h | 0.9870 | +0.071% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0332% | 1h | 0.9871 | +0.076% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9866 | +0.030% | $318K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTMshort | −0.0034% | 8h | 0.9868 | +0.051% | $7.4M | $7.1M | 50x | |
| OKX FIL-USDT-SWAP | −0.0022% | 8h | 0.9863 | 0.000% | $18.1M | $98.9M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9866 | +0.034% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9865 | +0.023% | $58K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9864 | +0.010% | $689K | $2.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.081% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0035% | 8h | 0.9864 | +0.008% | $57.2M | $179.6M | 75x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Injective FIL/USDC PERP
Binance FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | +0.0046% | 8h | 0.9868 | +0.051% | $10.9M | $21.6M | 75x | as long as short |
| BingX FIL-USDClong | +0.0048% | 8h | 0.9863 | long leg | — | $6.5M | — | |
| MEXC FIL_USDC | +0.0053% | 8h | 0.9867 | +0.041% | $247K | $103K | 50x | as long as short |
| Gate FIL_USDT | +0.0070% | 8h | 0.9863 | 0.000% | $8.2M | $16.0M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9858 | −0.056% | $158K | $345K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9867 | +0.042% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9869 | +0.057% | $494K | $546K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9867 | +0.041% | $15.4M | $18.4M | 25x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9846 | −0.171% | $440K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9850 | −0.136% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9856 | −0.076% | $294K | $805K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | −0.030% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9871 | +0.078% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.132% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9861 | −0.020% | $480 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9871 | +0.081% | $625K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9870 | +0.071% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0140% | 8h | 0.9860 | −0.030% | $2.7M | $569K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9866 | +0.031% | $196K | — | 100x | as long as short |
Bitget FILUSDT
MEXC FIL_USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]