Funding you earn now, next payment 00:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.84 per $10,000 · paid last 24h −0.094%
Price spread now: BingX against KuCoin−0.323%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$734as in the Funding arb table
Net, price: spread back to 7d avg − costs−$691as in the Price arb table
costs, in and out, $10k−$6626.616% of the position
Funding, last 7 days−0.728%−$73 on $10k
+Price spread, last 7 days+0.315%+$32 · spread now −0.323%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.291% cheaper against KuCoin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LAUSDTM | 0.07424 | 0.0026 | pay 0.0013% / 4h | 1h 35m | $1.0M | $57K | 30x |
| Short | BingX LA-USDT | 0.07400 | −0.0142 | pay 0.0071% / 4h | 1h 35m | — | $6.6M | — |
KuCoin LAUSDTM
BingX LA-USDTFunding 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
- −$35.28
- Price spread: −0.323% → −0.033%
- −$29.05
- Slippage, 4 orders
- −$639.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$725.93
- Costs to cover
- 6.616%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 16 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, 4 min ago | 2.68 bp | 130.6 bp −$131 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 1.34 bp | 11.9 bp −$12 | 23.7 bp −$237 | 611.7 bp −$61.2K | 1199.4 bp −$599.7K |
LA on 11 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 | −0.0306% | 4h | 0.07405 | −0.256% | $249K | $792K | 50x | as long as short |
| Bitget LAUSDT | −0.0168% | 4h | 0.07396 | −0.377% | $2.0M | $525K | 25x | as long as short |
| BingX LA-USDTshort | −0.0142% | 4h | 0.07400 | −0.323% | — | $6.6M | — | |
| OKX LA-USDT-SWAP | −0.0006% | 4h | 0.07399 | −0.337% | $1.3M | $2.8M | 20x | as long as short |
| BloFin LA-USDT | +0.0009% | 4h | 0.07438 | +0.189% | $250K | $19K | 25x | as long as short |
| KuCoin LAUSDTMlong | +0.0026% | 4h | 0.07424 | long leg | $1.0M | $57K | 30x | |
| Aster LAUSDT | +0.0033% | 4h | 0.07407 | −0.229% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0044% | 4h | 0.07401 | −0.310% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDT | +0.0066% | 4h | 0.07400 | −0.323% | $395K | $137K | 50x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07401 | −0.310% | $2.3M | $2.3M | 25x | as long as short |
Gate LA_USDT
Bitget LAUSDT
OKX LA-USDT-SWAP
BloFin LA-USDT
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07450 | +0.351% | $148K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp