Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX0.000%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2322.325% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now 0.000%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IO-USDT | 0.1517 | 0.0100 | pay 0.0050% / 4h | 1h 37m | — | $1.3M | — |
| Short | KuCoin IOUSDTM | 0.1517 | 0.0100 | get 0.0050% / 4h | 1h 37m | $409K | $656K | 50x |
BingX IO-USDT
KuCoin IOUSDTMFunding 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
- $0
- Price spread: 0.000% → +0.016%
- −$1.57
- Slippage, 4 orders
- −$210.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$234.05
- Costs to cover
- 2.325%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 36 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, 9 min ago | 9.92 bp | 26.3 bp −$26 | 68.7 bp −$687 | 479.5 bp −$47.9K | 712.5 bp −$356.3K |
| Sell KuCoin live order book, 36 min ago | 6.63 bp | 83.2 bp −$83 | 393.5 bp −$3,935 | doesn't fit | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IOUSD | −0.0637% | 1h | 0.1521 | +0.264% | $39K | $21K | 10x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1517 | +0.007% | $1.0M | $386K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1519 | +0.121% | $6K | $32K | 5x | as long as short |
| Binance IOUSDT | +0.0100% | 4h | 0.1518 | +0.066% | $3.0M | $6.5M | 50x | as long as short |
| Bybit IOUSDT | +0.0100% | 4h | 0.1515 | −0.132% | $1.1M | $878K | 25x | as long as short |
| Gate IO_USDT | +0.0100% | 4h | 0.1518 | +0.086% | $232K | $527K | 50x | as long as short |
| MEXC IO_USDT | +0.0100% | 4h | 0.1516 | −0.066% | $1.2M | $228K | 125x | as long as short |
| KuCoin IOUSDTMshort | +0.0100% | 4h | 0.1517 | 0.000% | $409K | $656K | 50x | |
| Bitget IOUSDT | +0.0100% | 4h | 0.1519 | +0.132% | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDTlong | +0.0100% | 4h | 0.1517 | long leg | — | $1.3M | — |
Kraken Futures PF_IOUSD
Hyperliquid IO
Aster IOUSDT
Binance IOUSDT
Bybit IOUSDT
Gate IO_USDT
MEXC IO_USDT
Bitget IOUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1516 | −0.077% | $30K | $5K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1518 | +0.047% | $5K | $171K | 5x | as long as short |
| BloFin IO-USDT | +0.0123% | 4h | 0.1520 | +0.198% | $193K | $30K | 50x | as long as short |
| Injective IO/USDC PERP | +0.0163% | 1h | 0.1509 | −0.527% | $2K | $102 | 5.5x | as long as short |
Variational Omni IO
Extended IO-USD
BloFin IO-USDT
Injective IO/USDC PERP