Funding you earn now, next payment 04:00 UTC+0.0354%/8h= +38.8% APRnext payment +$1.77 per $10,000 · paid last 24h +0.141%
Price spread now: BingX against KuCoin+0.215%7-day average +0.262% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,338as in the Price arb table
costs, in and out, $10k−$1,33313.332% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now +0.215%, 7d avg +0.262%
=Funding pays, the price is against you. BingX is 0.047% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.215% now, against its 7-day average of +0.262%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.352% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NAORISUSDTM | 0.03717 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $439K | $28K | 10x |
| Short | BingX NAORIS-USDT | 0.03725 | 0.0454 | get 0.0227% / 4h | 1h 33m | — | $1.3M | — |
KuCoin NAORISUSDTM
BingX NAORIS-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
- $74.34
- Price spread: +0.215% → +0.262%
- −$4.66
- Slippage, 4 orders
- −$1,311.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,263.54
- Costs to cover
- 13.332%
- Break-even
- 126.0 days
Slippage from KuCoin: live order book, 63 min ago; BingX: live order book, 12 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, 63 min ago | 22.93 bp | 647.8 bp −$648 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 10.76 bp | 58.7 bp −$59 | 300.9 bp −$3,009 | 1318.5 bp −$131.8K | 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 | 0.03723 | +0.151% | $1.1M | $492K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03714 | −0.081% | $289K | $16K | 20x | as long as short |
| KuCoin NAORISUSDTMlong | +0.0100% | 4h | 0.03717 | long leg | $439K | $28K | 10x | |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03732 | +0.404% | $3.3M | $239K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03721 | +0.102% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0327% | 4h | 0.03721 | +0.102% | $5K | $5K | 5x | as long as short |
| BloFin NAORIS-USDT | +0.0438% | 4h | 0.03726 | +0.242% | $287K | $10K | 10x | as long as short |
| Binance NAORISUSDT | +0.0449% | 4h | 0.03726 | +0.242% | $5.0M | $1.3M | 10x | as long as short |
| MEXC NAORIS_USDT | +0.0452% | 4h | 0.03726 | +0.242% | $4.3M | $218K | 100x | as long as short |
| BingX NAORIS-USDTshort | +0.0454% | 4h | 0.03725 | +0.215% | — | $1.3M | — |
Bybit NAORISUSDT
Gate NAORIS_USDT
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BloFin NAORIS-USDT
Binance NAORISUSDT
MEXC NAORIS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NAORIS-USD | +0.0456% | 1h | 0.03725 | +0.214% | $3K | $94K | 5x | as long as short |
Extended NAORIS-USD