Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against KuCoin+0.198%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,430as in the Price arb table
costs, in and out, $10k−$1,45114.509% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.198%, 7d avg −0.009%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.207% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KAVAUSDTM | 0.07079 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $369K | $57K | 12x |
| Short | BingX KAVA-USDT | 0.07093 | 0.0200 | get 0.0100% / 4h | 3h 59m | — | $2.3M | — |
Funding 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
- $21
- Price spread: +0.198% → −0.009%
- $20.67
- Slippage, 4 orders
- −$1,428.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,409.23
- Costs to cover
- 14.509%
- Break-even
- 476.7 days
Slippage from KuCoin: live order book, 62 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, 62 min ago | 19.88 bp | 760.3 bp −$760 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.36 bp | 26.1 bp −$26 | 54.3 bp −$543 | 373.4 bp −$37.3K | 893.6 bp −$446.8K |
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 KAVAUSDT | +0.0100% | 4h | 0.07092 | +0.188% | $7.7M | $8.4M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07092 | +0.184% | $1.3M | $772K | 25x | as long as short |
| Gate KAVA_USDT | +0.0100% | 4h | 0.07100 | +0.297% | $495K | $102K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07088 | +0.127% | $402K | $151K | 20x | as long as short |
| KuCoin KAVAUSDTMlong | +0.0100% | 4h | 0.07079 | long leg | $369K | $57K | 12x | |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07092 | +0.184% | $768K | $361K | 25x | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07093 | +0.191% | $651 | $1K | — | as long as short |
| Kraken Futures PF_KAVAUSD | +0.0162% | 1h | 0.07101 | +0.313% | $42K | $32K | 10x | as long as short |
| BingX KAVA-USDTshort | +0.0200% | 4h | 0.07093 | +0.198% | — | $2.3M | — |
KuCoin KAVAUSDTM
BingX KAVA-USDT
Binance KAVAUSDT
Bybit KAVAUSDT
Gate KAVA_USDT
MEXC KAVA_USDT
Bitget KAVAUSDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD