Funding you earn now, next payment 08:00 UTC−0.0344%/8h= −37.7% APRnext payment −$1.72 per $10,000 · paid last 24h −0.069%
Price spread now: KuCoin against BingX−0.285%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,976as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,966as in the Price arb table
costs, in and out, $10k−$1,94519.447% of the position
Funding, last 7 days−0.314%−$31 on $10k
+Price spread, last 4 days (all we have)+0.264%+$26 · spread now −0.285%, 7d avg −0.076%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.210% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.076%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KAT-USDT | 0.004905 | 0.0444 | pay 0.0222% / 4h | 2h 20m | — | $1.7M | — |
| Short | KuCoin KATUSDTM | 0.004891 | 0.0100 | get 0.0050% / 4h | 2h 20m | $202K | $54K | 10x |
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
- −$72.24
- Price spread: −0.285% → −0.076%
- −$20.99
- Slippage, 4 orders
- −$1,922.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$2,037.93
- Costs to cover
- 19.447%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 35 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, 11 min ago | 5.13 bp | 27.0 bp −$27 | 87.2 bp −$872 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 35 min ago | 43.92 bp | 916.8 bp −$917 | doesn't fit | doesn't fit | doesn't fit |
KAT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX KAT-USDT-SWAP | +0.0100% | 4h | 0.004899 | −0.122% | $840K | $1.3M | 20x | as long as short |
| Gate KAT_USDT | +0.0100% | 4h | 0.004890 | −0.306% | $214K | $118K | 50x | as long as short |
| KuCoin KATUSDTMshort | +0.0100% | 4h | 0.004891 | −0.285% | $202K | $54K | 10x | |
| Bitget KATUSDT | +0.0100% | 4h | 0.004892 | −0.265% | $533K | $220K | 20x | as long as short |
| SunX KAT-USDT | +0.0100% | 4h | 0.004880 | −0.510% | $2K | $1.1M | 20x | as long as short |
| MEXC KAT_USDT | +0.0118% | 4h | 0.004901 | −0.082% | $242K | $117K | 20x | as long as short |
| Binance KATUSDT | +0.0120% | 4h | 0.004906 | +0.012% | $2.3M | $3.5M | 25x | as long as short |
| Extended KAT-USD | +0.0120% | 1h | 0.004900 | −0.093% | $5K | $198K | 5x | as long as short |
| Katana Perps KAT-USD | +0.0134% | 8h | 0.004906 | +0.020% | $1K | $15K | 5x | as long as short |
| BloFin KAT-USDT | +0.0157% | 4h | 0.004891 | −0.285% | $126K | $16K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KATUSDT | +0.0316% | 4h | 0.004892 | −0.260% | $24K | $32K | 5x | as long as short |
| BingX KAT-USDTlong | +0.0444% | 4h | 0.004905 | long leg | — | $1.7M | — | |
| Bybit KATUSDT | +0.0550% | 4h | 0.004904 | −0.020% | $817K | $346K | 25x | as long as short |
BingX KAT-USDT
KuCoin KATUSDTM
OKX KAT-USDT-SWAP
Gate KAT_USDT
Bitget KATUSDT
SunX KAT-USDT
MEXC KAT_USDT
Binance KATUSDT
Extended KAT-USD
Katana Perps KAT-USD
BloFin KAT-USDT
Aster KATUSDT
Bybit KATUSDT