Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.146%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$413as in the Price arb table
costs, in and out, $10k−$4064.064% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 7 days+0.176%+$18 · spread now −0.146%, 7d avg −0.084%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.061% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.084%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GENIUS-USDT | 0.3640 | 0.0146 | pay 0.0073% / 4h | 2h 49m | — | $1.7M | — |
| Short | KuCoin GENIUSUSDTM | 0.3635 | 0.0100 | get 0.0050% / 4h | 2h 49m | $554K | $1.9M | 20x |
Funding 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
- −$9.66
- Price spread: −0.146% → −0.084%
- −$6.13
- Slippage, 4 orders
- −$384.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$422.19
- Costs to cover
- 4.064%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 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, 12 min ago | 6.84 bp | 33.5 bp −$34 | 92.7 bp −$927 | 510.4 bp −$51.0K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 14.32 bp | 138.1 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
GENIUS on 12 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 GENIUSUSDT | +0.0100% | 4h | 0.3638 | −0.055% | $1.6M | $2.5M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3639 | −0.027% | $252K | $469K | 20x | as long as short |
| KuCoin GENIUSUSDTMshort | +0.0100% | 4h | 0.3635 | −0.146% | $554K | $1.9M | 20x | |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3636 | −0.096% | $792K | $1.3M | 20x | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3638 | −0.043% | $95K | $106K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3635 | −0.137% | $2K | $639K | 20x | as long as short |
| BingX GENIUS-USDTlong | +0.0146% | 4h | 0.3640 | long leg | — | $1.7M | — | |
| Extended GENIUS-USD | +0.0160% | 1h | 0.3638 | −0.051% | $4K | $176K | 5x | as long as short |
| Binance GENIUSUSDT | +0.0163% | 4h | 0.3639 | −0.027% | $9.2M | $19.4M | 50x | as long as short |
| MEXC GENIUS_USDT | +0.0164% | 4h | 0.3638 | −0.055% | $494K | $331K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GENIUS-USDT | +0.0214% | 4h | 0.3653 | +0.357% | $506K | $23K | 50x | as long as short |
| Aster GENIUSUSDT | +0.0567% | 4h | 0.3639 | −0.027% | $260K | $554K | 20x | as long as short |
BingX GENIUS-USDT
KuCoin GENIUSUSDTM
Bybit GENIUSUSDT
Gate GENIUS_USDT
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USD
Binance GENIUSUSDT
MEXC GENIUS_USDT
BloFin GENIUS-USDT
Aster GENIUSUSDT