Funding you earn now, next payment 12:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.101%
Price spread now: KuCoin against BingX−0.420%7-day average −0.250% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,396as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,377as in the Price arb table
costs, in and out, $10k−$1,36013.597% of the position
Funding, last 7 days−0.365%−$37 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.420%, 7d avg −0.250%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.170% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.250%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NAORIS-USDT | 0.03807 | 0.0294 | pay 0.0147% / 4h | 3h 03m | — | $1.3M | — |
| Short | KuCoin NAORISUSDTM | 0.03791 | 0.0112 | get 0.0056% / 4h | 3h 03m | $446K | $26K | 10x |
BingX NAORIS-USDT
KuCoin NAORISUSDTMFunding 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
- −$38.22
- Price spread: −0.420% → −0.250%
- −$16.99
- Slippage, 4 orders
- −$1,337.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,414.95
- Costs to cover
- 13.597%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 19 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, 2 min ago | 9.19 bp | 69.2 bp −$69 | 404.7 bp −$4,047 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 31.79 bp | 558.5 bp −$558 | doesn't fit | doesn't fit | doesn't fit |
NAORIS on 11 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 NAORISUSDT | +0.0100% | 4h | 0.03806 | −0.026% | $1.1M | $379K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03794 | −0.341% | $295K | $14K | 20x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03809 | +0.053% | $3.4M | $242K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03801 | −0.148% | $79K | $25K | — | as long as short |
| KuCoin NAORISUSDTMshort | +0.0112% | 4h | 0.03791 | −0.420% | $446K | $26K | 10x | |
| Aster NAORISUSDT | +0.0227% | 4h | 0.03797 | −0.253% | $5K | $6K | 5x | as long as short |
| BingX NAORIS-USDTlong | +0.0294% | 4h | 0.03807 | long leg | — | $1.3M | — | |
| MEXC NAORIS_USDT | +0.0324% | 4h | 0.03794 | −0.341% | $4.5M | $225K | 100x | as long as short |
| Extended NAORIS-USD | +0.0336% | 1h | 0.03809 | +0.052% | $3K | $182K | 5x | as long as short |
| Binance NAORISUSDT | +0.0339% | 4h | 0.03810 | +0.079% | $5.1M | $1.3M | 10x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
MEXC NAORIS_USDT
Extended NAORIS-USD
Binance NAORISUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDT | +0.0379% | 4h | 0.03811 | +0.105% | $294K | $11K | 10x | as long as short |
BloFin NAORIS-USDT