Funding you earn now, next payment 08:00 UTC+0.1418%/8h= +155.3% APRnext payment +$7.09 per $10,000 · paid last 24h +0.279%
Price spread now: KuCoin against BingX−0.861%7-day average −0.260% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$2822.824% of the position
Funding, last 7 days+2.340%+$234 on $10k
+Price spread, last 7 days+1.532%+$153 · spread now −0.861%, 7d avg −0.260%
=Funding pays, the price is against you. KuCoin is 0.600% cheaper against BingX than usual: you would sell low and buy high (spread −0.861% now, against its 7-day average of −0.260%). If the spread goes back, that is −$60 on $10k: about 34 hours of funding at the current rate (+$43 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX M-USDT | 1.3608 | 0.0844 | pay 0.0422% / 4h | 2h 21m | — | $2.4M | — |
| Short | KuCoin MUSDTM | 1.3491 | 0.2262 | get 0.1131% / 4h | 2h 21m | $1.4M | $3.8M | 10x |
BingX M-USDT
KuCoin MUSDTMFunding 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
- $297.78
- Price spread: −0.861% → −0.260%
- −$60.03
- Slippage, 4 orders
- −$260.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$44.61
- Costs to cover
- 2.824%
- Break-even
- 8.0 days
Slippage from BingX: live order book, 13 min ago; KuCoin: live order book, 7 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, 13 min ago | 6.98 bp | 16.3 bp −$16 | 40.8 bp −$408 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 6.74 bp | 113.3 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 M_USDT | +0.0100% | 8h | 1.3593 | −0.110% | $1.8M | $913K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3611 | +0.022% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3625 | +0.125% | $2K | $827K | 20x | as long as short |
| Bitget MUSDT | +0.0244% | 4h | 1.3615 | +0.051% | $1.8M | $246K | 10x | as long as short |
| Bybit MUSDT | +0.0514% | 4h | 1.3597 | −0.081% | $4.2M | $1.8M | 20x | as long as short |
| Aster MUSDT | +0.0578% | 4h | 1.3608 | −0.001% | $14K | $83K | 5x | as long as short |
| Variational Omni M | +0.0755% | 4h | 1.3600 | −0.062% | $84K | $43K | — | as long as short |
| BingX M-USDTlong | +0.0844% | 4h | 1.3608 | long leg | — | $2.4M | — | |
| Binance MUSDT | +0.0877% | 4h | 1.3607 | −0.004% | $5.4M | $3.9M | 10x | as long as short |
| MEXC M_USDT | +0.0882% | 4h | 1.3611 | +0.022% | $229K | $109K | 50x | as long as short |
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Bybit MUSDT
Aster MUSDT
Variational Omni M
Binance MUSDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0888% | 4h | 1.3633 | +0.184% | $348K | $442K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.2262% | 4h | 1.3491 | −0.861% | $1.4M | $3.8M | 10x |
BloFin M-USDT