Funding you earn now, next payment 08:00 UTC+0.0256%/8h= +28.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.065%
Price spread now: BingX against KuCoin−0.598%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,245as in the Price arb table
costs, in and out, $10k−$1,19311.930% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 4 days (all we have)+0.556%+$56 · spread now −0.598%, 7d avg −0.081%
=Funding pays, the price is against you. BingX is 0.517% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.598% now, against its 7-day average of −0.081%). If the spread goes back, that is −$52 on $10k: about 6.7 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.178% in total) that is about 20 days.
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 +$1.28 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 INUSDTM | 0.03848 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $340K | $138K | 30x |
| Short | BingX IN-USDT | 0.03825 | 0.0356 | get 0.0178% / 4h | 3h 30m | — | $2.3M | — |
KuCoin INUSDTM
BingX IN-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
- $53.76
- Price spread: −0.598% → −0.081%
- −$51.69
- Slippage, 4 orders
- −$1,170.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,190.89
- Costs to cover
- 11.930%
- Break-even
- 162.1 days
Slippage from KuCoin: live order book, 41 min ago; BingX: live order book, 3 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 | 15.08 bp | 787.1 bp −$787 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 26.05 bp | 33.6 bp −$34 | 106.9 bp −$1,069 | 956.4 bp −$95.6K | 1316.4 bp −$658.2K |
IN on 9 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 INUSDT | +0.0100% | 4h | 0.03839 | −0.247% | $138K | $19K | 5x | as long as short |
| Bybit INUSDT | +0.0100% | 4h | 0.03823 | −0.650% | $978K | $972K | 20x | as long as short |
| KuCoin INUSDTMlong | +0.0100% | 4h | 0.03848 | long leg | $340K | $138K | 30x | |
| Bitget INUSDT | +0.0100% | 4h | 0.03843 | −0.130% | $980K | $884K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03843 | −0.134% | $3K | $1K | — | as long as short |
| Binance INUSDT | +0.0310% | 4h | 0.03832 | −0.422% | $2.4M | $5.9M | 25x | as long as short |
| MEXC IN_USDT | +0.0314% | 4h | 0.03842 | −0.156% | $348K | $130K | 20x | as long as short |
| BingX IN-USDTshort | +0.0356% | 4h | 0.03825 | −0.598% | — | $2.3M | — | |
| Gate IN_USDT | +0.0676% | 4h | 0.03836 | −0.312% | $278K | $400K | 50x | as long as short |
Aster INUSDT
Bybit INUSDT
Bitget INUSDT
Variational Omni IN
Binance INUSDT
MEXC IN_USDT
Gate IN_USDT