Funding you earn now, next payment 12:00 UTC−0.0696%/8h= −76.2% APRnext payment −$3.48 per $10,000 · paid last 24h −0.082%
Price spread now: BingX against KuCoin+0.076%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$410as in the Price arb table
costs, in and out, $10k−$4214.214% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.076%, 7d avg −0.037%
=The price spread pays, funding is against you. BingX is 0.113% dearer against KuCoin than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of −0.037%): +$11 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.078% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MARSCOINUSDTM | 0.1184 | 0.1342 | pay 0.0671% / 4h | 2h 57m | $1.6M | $2.8M | 20x |
| Short | BingX MARSCOIN-USDT | 0.1185 | 0.0646 | get 0.0323% / 4h | 2h 57m | — | $1.3M | — |
Funding 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
- −$146.16
- Price spread: +0.076% → −0.037%
- $11.33
- Slippage, 4 orders
- −$399.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$556.24
- Costs to cover
- 4.214%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 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, 9 min ago | 5.80 bp | 200.8 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 3.78 bp | 23.4 bp −$23 | 70.6 bp −$706 | 373.4 bp −$37.3K | doesn't fit |
MARSCOIN 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 MARSCOIN_USDT | +0.0100% | 4h | 0.1184 | −0.017% | $2.1M | $2.2M | 20x | as long as short |
| SunX MARSCOIN-USDT | +0.0100% | 4h | 0.1186 | +0.177% | — | $903K | 10x | as long as short |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1192 | +0.633% | $89K | $768K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1184 | 0.000% | $1.7M | $2.5M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0623% | 4h | 0.1182 | −0.177% | $27.6M | $70.3M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0632% | 4h | 0.1184 | −0.051% | $3.5M | $1.4M | 20x | as long as short |
| BingX MARSCOIN-USDTshort | +0.0646% | 4h | 0.1185 | +0.076% | — | $1.3M | — | |
| Bitget MARSCOINUSDT | +0.0668% | 4h | 0.1184 | −0.051% | $2.5M | $7.9M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0863% | 4h | 0.1186 | +0.110% | $1.4M | $452K | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0927% | 4h | 0.1183 | −0.131% | $650K | $959K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MARSCOINUSDT | +0.0992% | 4h | 0.1182 | −0.220% | $8.4M | $15.7M | 20x | as long as short |
| KuCoin MARSCOINUSDTMlong | +0.1342% | 4h | 0.1184 | long leg | $1.6M | $2.8M | 20x |
KuCoin MARSCOINUSDTM
BingX MARSCOIN-USDT
Gate MARSCOIN_USDT
SunX MARSCOIN-USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Binance MARSCOINUSDT
MEXC MARSCOIN_USDT
Bitget MARSCOINUSDT
BloFin MARSCOIN-USDT
Aster MARSCOINUSDT
Bybit MARSCOINUSDT