Funding you earn now, next payment 00:00 UTC+0.0646%/8h= +70.7% APRnext payment +$3.23 per $10,000 · paid last 24h +0.308%
Price spread now: KuCoin against BingX−0.137%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs+$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
Funding, last 7 days+2.408%+$241 on $10k
+Price spread, last 3 days (all we have)+0.385%+$39 · spread now −0.137%, 7d avg +0.028%
=Funding pays, the price is against you. KuCoin is 0.165% cheaper against BingX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.028%). If the spread goes back, that is −$16 on $10k: about 20 hours of funding at the current rate (+$19 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LONGXIA-USDT | 0.2386 | 0.0070 | pay 0.0035% / 4h | 1h 21m | — | $2.2M | — |
| Short | KuCoin LONGXIAUSDTM | 0.2383 | 0.0716 | get 0.0358% / 4h | 1h 21m | $38.9M | $3.9M | 10x |
BingX LONGXIA-USDT
KuCoin LONGXIAUSDTMFunding 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
- $135.66
- Price spread: −0.137% → +0.028%
- −$16.5
- Slippage, 4 orders
- −$106.66
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$9.5
- Costs to cover
- 1.287%
- Break-even
- 7.5 days
Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago | 3.14 bp | 21.2 bp −$21 | 98.7 bp −$987 | 769.6 bp −$77.0K | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 5.34 bp | 42.0 bp −$42 | 254.5 bp −$2,545 | doesn't fit | doesn't fit |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDTlong | +0.0070% | 4h | 0.2386 | long leg | — | $2.2M | — | |
| Bybit LONGXIAUSDT | +0.0100% | 4h | 0.2386 | 0.000% | $735K | $7.3M | 10x | as long as short |
| MEXC LONGXIA_USDT | +0.0100% | 4h | 0.2385 | −0.042% | $1.9M | $1.4M | 50x | as long as short |
| KuCoin LONGXIAUSDTMshort | +0.0716% | 4h | 0.2383 | −0.137% | $38.9M | $3.9M | 10x |
Bybit LONGXIAUSDT
MEXC LONGXIA_USDT