Settings8H · net · $10k
Funding arb · Price arb /

O

all O markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0394%/8h= +43.1% APRnext payment +$1.97 per $10,000 · paid last 24h +0.113%
Price spread now: BingX against KuCoin+0.054%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$905as in the Funding arb table
Net, price: spread back to 7d avg − costs−$984as in the Price arb table
costs, in and out, $10k−$9799.786% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.736%+$74 on $10k
Price spread, last 7 days+0.109%+$11 · spread now +0.054%, 7d avg +0.108%
Together, before fees+0.844%+$84 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.054% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.108%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin OUSDTM0.55850.0160pay 0.0080% / 4h40m 53s$1.3M$636K20x
ShortBingX O-USDT0.55880.0554get 0.0277% / 4h40m 53s$1.6M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$82.74
Price spread: +0.054% → +0.108%
−$5.39
Slippage, 4 orders
−$956.56
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$901.21
Costs to cover
9.786%
Break-even
83.2 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 4 min ago14.31 bp668.7 bp −$669doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago8.94 bp33.4 bp −$33138.8 bp −$1,3881088.6 bp −$108.9K1453.4 bp −$726.7K

O on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OUSDT+0.0100%4h0.5588+0.062%$20K$53K3xas long as short
Binance OUSDT+0.0100%4h0.5583−0.036%$4.7M$2.2M10xas long as short
Gate O_USDT+0.0100%4h0.55850.000%$1.5M$613K20xas long as short
Bitget OUSDT+0.0100%4h0.5582−0.054%$1.6M$382K10xas long as short
Variational Omni O+0.0100%4h0.5588+0.061%$3K$518as long as short
KuCoin OUSDTMlong+0.0160%4h0.5585long leg$1.3M$636K20x
BloFin O-USDT+0.0309%4h0.5598+0.233%$241K$6K20xas long as short
Bybit OUSDT+0.0325%4h0.5581−0.072%$696K$993K20xas long as short
BingX O-USDTshort+0.0554%4h0.5588+0.054%$1.6M
OKX O-USDT-SWAP+0.0574%4h0.5587+0.036%$1.5M$1.2M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC O_USDT+0.0584%4h0.5587+0.036%$953K$167K50xas long as short