Funding you earn now, next payment 04:00 UTC−0.1594%/8h= −174.5% APRnext payment −$7.97 per $10,000 · paid last 24h −0.378%
Price spread now: BingX against KuCoin+0.949%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$571as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$3453.451% of the position
Funding, last 7 days−2.261%−$226 on $10k
+Price spread, last 7 days−1.544%−$154 · spread now +0.949%, 7d avg +0.236%
=The price spread pays, funding is against you. BingX is 0.713% dearer against KuCoin than usual: you sell high and buy low (spread +0.949% now, against its 7-day average of +0.236%): +$71 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.4152 | 0.2824 | pay 0.1412% / 4h | 1h 40m | $1.4M | $4.0M | 10x |
| Short | BingX M-USDT | 1.4286 | 0.1230 | get 0.0615% / 4h | 1h 40m | — | $2.4M | — |
KuCoin MUSDTM
BingX M-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
- −$334.74
- Price spread: +0.949% → +0.236%
- $71.31
- Slippage, 4 orders
- −$323.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$608.58
- Costs to cover
- 3.451%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 8 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, 2 min ago | 8.13 bp | 213.6 bp −$214 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.47 bp | 24.3 bp −$24 | 80.6 bp −$806 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4280 | +0.907% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4259 | +0.758% | $1.9M | $894K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4273 | +0.857% | $1.8M | $247K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4246 | +0.664% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4289 | +0.970% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4311 | +1.126% | $2K | $728K | 20x | as long as short |
| Aster MUSDT | +0.0978% | 4h | 1.4254 | +0.723% | $16K | $93K | 5x | as long as short |
| BingX M-USDTshort | +0.1230% | 4h | 1.4286 | +0.949% | — | $2.4M | — | |
| BloFin M-USDT | +0.1246% | 4h | 1.4241 | +0.631% | $353K | $433K | 10x | as long as short |
| Binance MUSDT | +0.1299% | 4h | 1.4286 | +0.949% | $5.5M | $3.7M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BloFin M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDT | +0.1304% | 4h | 1.4281 | +0.914% | $240K | $105K | 50x | as long as short |
| KuCoin MUSDTMlong | +0.2824% | 4h | 1.4152 | long leg | $1.4M | $4.0M | 10x |
MEXC M_USDT