Funding you earn now, next payment 08:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h +0.109%
Price spread now: BingX against KuCoin+0.339%7-day average +0.254% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,645as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,655as in the Price arb table
costs, in and out, $10k−$1,66316.632% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.339%, 7d avg +0.254%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.085% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.254%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.178% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HANAUSDTM | 0.01477 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $607K | $783K | 10x |
| Short | BingX HANA-USDT | 0.01482 | 0.0398 | get 0.0199% / 4h | 2h 11m | — | $6.5M | — |
KuCoin HANAUSDTM
BingX HANA-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
- $62.58
- Price spread: +0.339% → +0.254%
- $8.48
- Slippage, 4 orders
- −$1,641.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,592.16
- Costs to cover
- 16.632%
- Break-even
- 185.1 days
Slippage from KuCoin: live order book, 28 min ago; BingX: 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 KuCoin live order book, 28 min ago | 6.86 bp | 745.4 bp −$745 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 16.92 bp | 63.0 bp −$63 | 193.2 bp −$1,932 | doesn't fit | doesn't fit |
HANA on 8 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 HANAUSDT | +0.0100% | 4h | 0.01478 | +0.057% | $13K | $8K | 5x | as long as short |
| Bybit HANAUSDT | +0.0100% | 4h | 0.01483 | +0.399% | $897K | $549K | 25x | as long as short |
| KuCoin HANAUSDTMlong | +0.0100% | 4h | 0.01477 | long leg | $607K | $783K | 10x | |
| Gate HANA_USDT | +0.0186% | 8h | 0.01481 | +0.271% | $644K | $630K | 25x | as long as short |
| BloFin HANA-USDT | +0.0393% | 4h | 0.01476 | −0.068% | $332K | $5K | 10x | as long as short |
| BingX HANA-USDTshort | +0.0398% | 4h | 0.01482 | +0.339% | — | $6.5M | — | |
| MEXC HANA_USDT | +0.0408% | 4h | 0.01481 | +0.271% | $70K | $91K | 100x | as long as short |
| Binance HANAUSDT | +0.0425% | 4h | 0.01482 | +0.326% | $5.2M | $2.7M | 10x | as long as short |
Aster HANAUSDT
Bybit HANAUSDT
Gate HANA_USDT
BloFin HANA-USDT
MEXC HANA_USDT
Binance HANAUSDT