Funding you earn now, next payment 04:00 UTC−0.0286%/8h= −31.3% APRnext payment −$1.43 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.197%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$563as in the Funding arb table
Net, price: spread back to 7d avg − costs−$576as in the Price arb table
costs, in and out, $10k−$5565.563% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.197% cheaper against BingX than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.43 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 NOT-USDC | 0.0005068 | 0.0100 | pay 0.0050% / 4h | 1h 40m | — | $723K | — |
| Short | KuCoin NOTUSDTM | 0.0005058 | −0.0186 | pay 0.0093% / 4h | 1h 40m | $464K | $129K | 50x |
BingX NOT-USDC
KuCoin NOTUSDTMFunding 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
- −$60.06
- Price spread: −0.197% → 0.000%
- −$19.73
- Slippage, 4 orders
- −$534.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$636.11
- Costs to cover
- 5.563%
- Break-even
- never at this rate
Slippage from BingX: live order book, 19 min ago; KuCoin: live order book, 57 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, 19 min ago | 4.93 bp | 180.3 bp −$180 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 57 min ago | 20.74 bp | 130.3 bp −$130 | 365.9 bp −$3,659 | doesn't fit | doesn't fit |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0336% | 4h | 0.0005057 | −0.217% | $71K | $39K | — | as long as short |
| KuCoin NOTUSDTMshort | −0.0186% | 4h | 0.0005058 | −0.197% | $464K | $129K | 50x | |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −3.828% | $1K | $13K | 5.5x | as long as short |
| Bybit NOTUSDT | +0.0066% | 4h | 0.0005060 | −0.158% | $2.1M | $862K | 25x | as long as short |
| BloFin NOT-USDT | +0.0088% | 4h | 0.0005078 | +0.197% | $112K | $17K | 50x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005077 | +0.180% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005070 | +0.039% | $370K | $51K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005070 | +0.041% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005068 | −0.008% | $2.1M | $3.1M | 50x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005063 | −0.099% | $633K | $652K | 20x | as long as short |
Variational Omni NOT
Injective NOT/USDC PERP
Bybit NOTUSDT
BloFin NOT-USDT
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
OKX NOT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOT_USDT | +0.0100% | 4h | 0.0005064 | −0.079% | $143K | $68K | 50x | as long as short |
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005068 | 0.000% | $1.3M | $439K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005069 | +0.020% | $672K | $411K | 50x | as long as short |
| BingX NOT-USDClong | +0.0100% | 4h | 0.0005068 | long leg | — | $723K | — | |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005066 | −0.035% | $4K | $491 | 5x | as long as short |
| Kraken Futures PF_NOTUSD | +0.1950% | 1h | 0.0005073 | +0.091% | $49K | $9K | 10x | as long as short |
Gate NOT_USDT
MEXC NOT_USDT
Bitget NOTUSDT
Extended kNOT-USD
Kraken Futures PF_NOTUSD