Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Binance+0.054%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.054%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.031% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KAVAUSDT | 0.07071 | 0.0100 | pay 0.0050% / 4h | 8m 31s | $7.7M | $8.4M | 50x |
| Short | BingX KAVA-USDT | 0.07075 | 0.0200 | get 0.0100% / 4h | 8m 31s | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $21
- Price spread: +0.054% → +0.023%
- $3.12
- Slippage, 4 orders
- −$61.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$57.78
- Costs to cover
- 0.819%
- Break-even
- 26.3 days
Slippage from Binance: live order book, 1 min ago; BingX: live order book, 10 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 Binance live order book, 1 min ago | 2.12 bp | 20.6 bp −$21 | 72.2 bp −$722 | 746.1 bp −$74.6K | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.22 bp | 23.3 bp −$23 | 62.6 bp −$626 | 398.4 bp −$39.8K | 861.3 bp −$430.6K |
KAVA 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAVAUSDTlong | +0.0100% | 4h | 0.07071 | long leg | $7.7M | $8.4M | 50x | |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07070 | −0.017% | $1.3M | $772K | 25x | as long as short |
| Gate KAVA_USDT | +0.0100% | 4h | 0.07080 | +0.125% | $492K | $102K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07075 | +0.054% | $402K | $154K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.07078 | +0.097% | $369K | $57K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07078 | +0.097% | $766K | $361K | 25x | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07074 | +0.047% | $2K | $1 | — | as long as short |
| Kraken Futures PF_KAVAUSD | +0.0163% | 1h | 0.07081 | +0.134% | $42K | $32K | 10x | as long as short |
| BingX KAVA-USDTshort | +0.0200% | 4h | 0.07075 | +0.054% | — | $2.3M | — |
Binance KAVAUSDT
BingX KAVA-USDT
Bybit KAVAUSDT
Gate KAVA_USDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD