Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.241%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$972as in the Funding arb table
Net, price: spread back to 7d avg − costs−$945as in the Price arb table
costs, in and out, $10k−$9739.731% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.696%−$70 · spread now +0.241%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.284% dearer against BingX than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FRAX-USDT | 0.2907 | 0.0100 | pay 0.0050% / 4h | 48m 36s | — | $1.2M | — |
| Short | KuCoin FRAXUSDTM | 0.2914 | 0.0100 | get 0.0050% / 4h | 48m 36s | $97K | $156K | 50x |
BingX FRAX-USDT
KuCoin FRAXUSDTMFunding 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
- $0
- Price spread: +0.241% → −0.043%
- $28.4
- Slippage, 4 orders
- −$951.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$944.71
- Costs to cover
- 9.731%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 26 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 | 6.88 bp | 27.4 bp −$27 | 123.7 bp −$1,237 | 896.2 bp −$89.6K | 1213.8 bp −$606.9K |
| Sell KuCoin live order book, 26 min ago | 39.44 bp | 429.6 bp −$430 | 952.6 bp −$9,526 | doesn't fit | doesn't fit |
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2912 | +0.171% | $20K | $10K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2903 | −0.138% | $1.5M | $937K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2906 | −0.034% | $42K | $15K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2902 | −0.172% | $203K | $108K | 50x | as long as short |
| KuCoin FRAXUSDTMshort | +0.0100% | 4h | 0.2914 | +0.241% | $97K | $156K | 50x | |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2904 | −0.096% | $147K | $40K | 50x | as long as short |
| BingX FRAX-USDTlong | +0.0100% | 4h | 0.2907 | long leg | — | $1.2M | — |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
Bitget FRAXUSDT