Funding you earn now, next payment 06:00 UTC−0.4784%/8h= −523.8% APRnext payment −$5.98 per $10,000 · paid last 24h −1.707%
Price spread now: KuCoin against BingX−1.438%7-day average −0.266% · you buy dearer than you sell
Net, funding: paid 7d − costs−$588as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
Funding, last 7 days−4.696%−$470 on $10k
+Price spread, last 7 days+1.578%+$158 · spread now −1.438%, 7d avg −0.266%
=Both sides work against this trade now: funding costs −$144 a day on $10k at the current rate, and KuCoin is 1.172% cheaper against BingX than usual: you would sell low and buy high (−$117 if the spread goes back to its 7-day average of −0.266%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX G-USDT | 0.006191 | −0.2592 | get 0.0324% / 1h | 18m 46s | — | $2.9M | — |
| Short | KuCoin GUSDTM | 0.006102 | −0.7376 | pay 0.0922% / 1h | 18m 46s | $1.5M | $1.3M | 30x |
BingX G-USDT
KuCoin GUSDTMFunding 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
- −$1,004.64
- Price spread: −1.438% → −0.266%
- −$117.2
- Slippage, 4 orders
- −$96.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,240.07
- Costs to cover
- 1.182%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago | 3.26 bp | 18.5 bp −$18 | 53.2 bp −$532 | 487.0 bp −$48.7K | 736.4 bp −$368.2K |
| Sell KuCoin live order book, 2 min ago | 4.11 bp | 44.1 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC G_USDT | −1.1376% | 1h | 0.006149 | −0.678% | $3.5M | $1.1M | 20x | as long as short |
| Binance GUSDT | −1.1325% | 1h | 0.006153 | −0.611% | $9.2M | $51.8M | 50x | as long as short |
| Gate G_USDT | −1.1000% | 1h | 0.006134 | −0.921% | $902K | $3.6M | 25x | as long as short |
| Aster GUSDT | −1.0463% | 1h | 0.006154 | −0.598% | $629K | $716K | 5x | as long as short |
| Bitget GUSDT | −0.7736% | 1h | 0.006136 | −0.888% | $1.4M | $5.0M | 50x | as long as short |
| KuCoin GUSDTMshort | −0.7376% | 1h | 0.006102 | −1.438% | $1.5M | $1.3M | 30x | |
| BingX G-USDTlong | −0.2592% | 1h | 0.006191 | long leg | — | $2.9M | — |
MEXC G_USDT
Binance GUSDT
Gate G_USDT
Aster GUSDT
Bitget GUSDT