Funding you earn now, next payment 04:00 UTC−0.0794%/8h= −86.9% APRnext payment −$3.97 per $10,000 · paid last 24h −0.320%
Price spread now: BingX against KuCoin+0.267%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1261.262% of the position
Funding, last 7 days−2.362%−$236 on $10k
+Price spread, last 4 days (all we have)−0.927%−$93 · spread now +0.267%, 7d avg −0.033%
=The price spread pays, funding is against you. BingX is 0.300% dearer against KuCoin than usual: you sell high and buy low (spread +0.267% now, against its 7-day average of −0.033%): +$30 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LONGXIAUSDTM | 0.2347 | 0.0864 | pay 0.0432% / 4h | 2h 49m | $38.5M | $4.2M | 10x |
| Short | BingX LONGXIA-USDT | 0.2354 | 0.0070 | get 0.0035% / 4h | 2h 49m | — | $2.2M | — |
KuCoin LONGXIAUSDTM
BingX LONGXIA-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
- −$166.74
- Price spread: +0.267% → −0.033%
- $30
- Slippage, 4 orders
- −$104.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$262.94
- Costs to cover
- 1.262%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 13 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 | 3.58 bp | 44.0 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 5.89 bp | 26.0 bp −$26 | 85.4 bp −$854 | 239.3 bp −$23.9K | 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-USDTshort | +0.0070% | 4h | 0.2354 | +0.267% | — | $2.2M | — | |
| MEXC LONGXIA_USDT | +0.0100% | 4h | 0.2347 | +0.007% | $1.8M | $1.4M | 50x | as long as short |
| Bybit LONGXIAUSDT | +0.0269% | 4h | 0.2354 | +0.284% | $735K | $7.3M | 10x | as long as short |
| KuCoin LONGXIAUSDTMlong | +0.0864% | 4h | 0.2347 | long leg | $38.5M | $4.2M | 10x |
MEXC LONGXIA_USDT
Bybit LONGXIAUSDT