Funding you earn now, next payment 04:00 UTC−0.0500%/8h= −54.8% APRnext payment −$2.50 per $10,000 · paid last 24h +0.094%
Price spread now: KuCoin against BingX+0.040%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$707as in the Funding arb table
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7777.772% of the position
Funding, last 7 days+0.707%+$71 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.040%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.707%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07463 | −0.0646 | get 0.0323% / 4h | 2h 27m | — | $6.6M | — |
| Short | KuCoin LAUSDTM | 0.07466 | −0.1146 | pay 0.0573% / 4h | 2h 27m | $1.0M | $87K | 30x |
BingX LA-USDT
KuCoin LAUSDTMFunding 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
- −$105
- Price spread: +0.040% → +0.028%
- $1.18
- Slippage, 4 orders
- −$755.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$881.02
- Costs to cover
- 7.772%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: 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 BingX live order book, 5 min ago | 2.69 bp | 15.5 bp −$15 | 52.4 bp −$524 | 679.4 bp −$67.9K | 1236.5 bp −$618.3K |
| Sell KuCoin live order book, 3 min ago | 10.77 bp | 574.6 bp −$575 | doesn't fit | doesn't fit | doesn't fit |
LA on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.1600% | 4h | 0.07463 | 0.000% | $240K | $826K | 50x | as long as short |
| KuCoin LAUSDTMshort | −0.1146% | 4h | 0.07466 | +0.040% | $1.0M | $87K | 30x | |
| Aster LAUSDT | −0.0784% | 4h | 0.07461 | −0.025% | $52K | $24K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0656% | 4h | 0.07453 | −0.134% | $1.3M | $3.2M | 20x | as long as short |
| MEXC LA_USDT | −0.0646% | 4h | 0.07464 | +0.013% | $381K | $139K | 50x | as long as short |
| BingX LA-USDTlong | −0.0646% | 4h | 0.07463 | long leg | — | $6.6M | — | |
| Binance LAUSDT | −0.0646% | 4h | 0.07463 | +0.003% | $4.7M | $9.8M | 25x | as long as short |
| Bitget LAUSDT | −0.0638% | 4h | 0.07465 | +0.027% | $2.1M | $525K | 25x | as long as short |
| Bybit LAUSDT | −0.0263% | 4h | 0.07471 | +0.107% | $2.4M | $2.7M | 25x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07429 | −0.449% | $150K | $479K | 10x | as long as short |
Gate LA_USDT
Aster LAUSDT
OKX LA-USDT-SWAP
MEXC LA_USDT
Binance LAUSDT
Bitget LAUSDT
Bybit LAUSDT
GRVT LA_USDT_Perp