Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX−0.182%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$568as in the Funding arb table
Net, price: spread back to 7d avg − costs−$599as in the Price arb table
costs, in and out, $10k−$5955.945% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.182%, 7d avg −0.141%
=Funding pays, the price is against you. KuCoin is 0.042% cheaper against BingX than usual: you would sell low and buy high (spread −0.182% now, against its 7-day average of −0.141%). If the spread goes back, that is −$4 on $10k: about 4.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.268% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 10000NEX-USDT | 0.000001097 | 0.0070 | pay 0.0035% / 4h | 2h 37m | — | $1.6M | — |
| Short | KuCoin NEXUSDTM | 0.000001095 | 0.0100 | get 0.0050% / 4h | 2h 37m | $167K | $637K | 10x |
BingX 10000NEX-USDT
KuCoin NEXUSDTMFunding 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
- $6.3
- Price spread: −0.182% → −0.141%
- −$4.17
- Slippage, 4 orders
- −$572.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$592.41
- Costs to cover
- 5.945%
- Break-even
- 665.2 days
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 22 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, 5 min ago | 9.11 bp | 58.2 bp −$58 | 214.2 bp −$2,142 | 345.7 bp −$34.6K | 737.6 bp −$368.8K |
| Sell KuCoin live order book, 22 min ago | 9.19 bp | 166.8 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
NEX on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 10000NEX-USDTlong | +0.0070% | 4h | 0.000001097 | long leg | — | $1.6M | — | |
| Aster 1000NEXUSDT | +0.0100% | 1h | 0.000001087 | −0.940% | $2K | $918 | 3x | as long as short |
| KuCoin NEXUSDTMshort | +0.0100% | 4h | 0.000001095 | −0.182% | $167K | $637K | 10x | |
| Bitget 10000NEXUSDT | +0.0100% | 4h | 0.000001099 | +0.182% | $121K | $42K | 20x | as long as short |
| Bybit 10000NEXUSDT | +0.1046% | 4h | 0.000001098 | +0.091% | $366K | $48K | 10x | as long as short |
| MEXC NEX_USDT | +0.1096% | 4h | 0.000001097 | 0.000% | $120K | $97K | 20x | as long as short |
Aster 1000NEXUSDT
Bitget 10000NEXUSDT
Bybit 10000NEXUSDT
MEXC NEX_USDT