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: BingX against KuCoin−0.103%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$977as in the Funding arb table
Net, price: spread back to 7d avg − costs−$990as in the Price arb table
costs, in and out, $10k−$9769.757% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.558%+$56 · spread now −0.103%, 7d avg +0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.147% cheaper against KuCoin than usual: you would sell low and buy high, −$15 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 | KuCoin FRAXUSDTM | 0.2902 | 0.0100 | pay 0.0050% / 4h | 33m 30s | $96K | $156K | 50x |
| Short | BingX FRAX-USDT | 0.2899 | 0.0100 | get 0.0050% / 4h | 33m 30s | — | $1.2M | — |
KuCoin FRAXUSDTM
BingX FRAX-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: −0.103% → +0.043%
- −$14.66
- Slippage, 4 orders
- −$953.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$990.4
- Costs to cover
- 9.757%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; BingX: live order book, 12 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, 41 min ago | 39.44 bp | 475.1 bp −$475 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 6.89 bp | 41.1 bp −$41 | 166.3 bp −$1,663 | 661.4 bp −$66.1K | 1020.8 bp −$510.4K |
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 | 0.2902 | −0.010% | $20K | $10K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2898 | −0.138% | $1.5M | $935K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2903 | +0.034% | $44K | $16K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2897 | −0.172% | $201K | $109K | 50x | as long as short |
| KuCoin FRAXUSDTMlong | +0.0100% | 4h | 0.2902 | long leg | $96K | $156K | 50x | |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2898 | −0.134% | $146K | $40K | 50x | as long as short |
| BingX FRAX-USDTshort | +0.0100% | 4h | 0.2899 | −0.103% | — | $1.2M | — |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
Bitget FRAXUSDT