Funding you earn now, next payment 04:00 UTC+0.1344%/8h= +147.2% APRnext payment +$6.72 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against BingX−0.246%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$575as in the Funding arb table
Net, price: spread back to 7d avg − costs−$567as in the Price arb table
costs, in and out, $10k−$5425.419% of the position
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.246%, 7d avg +0.004%
=Funding pays, the price is against you. KuCoin is 0.250% cheaper against BingX than usual: you would sell low and buy high (spread −0.246% now, against its 7-day average of +0.004%). If the spread goes back, that is −$25 on $10k: about 15 hours of funding at the current rate (+$40 a day). Mind the row above: over the last 7 days funding on this pair cost −0.333%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.333% in total (about -17.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.72 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 | BingX 1000000MOG-USDT | 0.0000001219 | 0.0392 | pay 0.0196% / 4h | 1h 35m | — | $1.4M | — |
| Short | KuCoin 1000000MOGUSDTM | 0.0000001216 | 0.1736 | get 0.0868% / 4h | 1h 35m | $669K | $150K | 30x |
BingX 1000000MOG-USDT
KuCoin 1000000MOGUSDTMFunding 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
- $282.24
- Price spread: −0.246% → +0.004%
- −$25.05
- Slippage, 4 orders
- −$519.92
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$284.73
- Costs to cover
- 5.419%
- Break-even
- 14.1 days
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 63 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, 10 min ago | 8.20 bp | 33.2 bp −$33 | 170.6 bp −$1,706 | 711.0 bp −$71.1K | 1113.5 bp −$556.8K |
| Sell KuCoin live order book, 63 min ago | 20.57 bp | 214.3 bp −$214 | doesn't fit | doesn't fit | doesn't fit |
MOG 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.5464% | 1h | 0.0000001218 | −0.082% | $32K | $30K | 10x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001217 | −0.164% | $447K | $345K | 25x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001217 | −0.164% | $342K | $165K | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0102% | 4h | 0.0000001222 | +0.246% | $1.7M | $2.3M | 50x | as long as short |
| BloFin 1000000MOG-USDT | +0.0129% | 4h | 0.0000001219 | 0.000% | $78K | $21K | 50x | as long as short |
| Binance 1000000MOGUSDT | +0.0161% | 4h | 0.0000001219 | −0.021% | $1.2M | $3.9M | 50x | as long as short |
| MEXC 1000000MOG_USDT | +0.0164% | 4h | 0.0000001217 | −0.164% | $722K | $218K | 100x | as long as short |
| Kraken Futures PF_MOGUSD | +0.0326% | 1h | 0.0000001217 | −0.189% | $49K | $41K | 10x | as long as short |
| BingX 1000000MOG-USDTlong | +0.0392% | 4h | 0.0000001219 | long leg | — | $1.4M | — | |
| Coinbase International 1000MOG-PERP-INTX | +0.1176% | 1h | 0.0000001221 | +0.164% | $67K | $10K | 25x | as long as short |
Deribit 1000MOG_USDC-PERPETUAL
Gate MOG_USDT
Bitget 1000000MOGUSDT
Bybit 1000000MOGUSDT
BloFin 1000000MOG-USDT
Binance 1000000MOGUSDT
MEXC 1000000MOG_USDT
Kraken Futures PF_MOGUSD
Coinbase International 1000MOG-PERP-INTXShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 1000000MOG | +0.1183% | 4h | 0.0000001221 | +0.186% | $5K | $12K | — | as long as short |
| KuCoin 1000000MOGUSDTMshort | +0.1736% | 4h | 0.0000001216 | −0.246% | $669K | $150K | 30x |
Variational Omni 1000000MOG