Funding you earn now, next payment 04:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.58 per $10,000 · paid last 24h −0.062%
Price spread now: KuCoin against BingX+0.060%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$869as in the Funding arb table
Net, price: spread back to 7d avg − costs−$855as in the Price arb table
costs, in and out, $10k−$8578.572% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.060%, 7d avg +0.035%
=The price spread pays, funding is against you. KuCoin is 0.025% dearer against BingX than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.035%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.122% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OG-USDT | 2.8180 | 0.0216 | pay 0.0108% / 4h | 2h 50m | — | $6.5M | — |
| Short | KuCoin OGUSDTM | 2.8197 | 0.0100 | get 0.0050% / 4h | 2h 50m | $169K | $73K | 25x |
BingX OG-USDT
KuCoin OGUSDTMFunding 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
- −$24.36
- Price spread: +0.060% → +0.035%
- $2.51
- Slippage, 4 orders
- −$835.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$879.04
- Costs to cover
- 8.572%
- Break-even
- never at this rate
Slippage from BingX: live order book, just now; KuCoin: live order book, 53 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, just now | 10.65 bp | 33.9 bp −$34 | 98.1 bp −$981 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 23.30 bp | 403.9 bp −$404 | doesn't fit | doesn't fit | doesn't fit |
OG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OGUSDT | +0.0100% | 4h | 2.8171 | −0.034% | $1.9M | $1.1M | 25x | as long as short |
| Gate OG_USDT | +0.0100% | 4h | 2.8130 | −0.177% | $97K | $30K | 25x | as long as short |
| MEXC OG_USDT | +0.0100% | 4h | 2.8140 | −0.142% | $771K | $218K | 50x | as long as short |
| KuCoin OGUSDTMshort | +0.0100% | 4h | 2.8197 | +0.060% | $169K | $73K | 25x | |
| Bitget OGUSDT | +0.0100% | 4h | 2.8134 | −0.163% | $259K | $128K | 20x | as long as short |
| Variational Omni OG | +0.0100% | 8h | 2.8181 | +0.002% | $1K | $262 | — | as long as short |
| BingX OG-USDTlong | +0.0216% | 4h | 2.8180 | long leg | — | $6.5M | — | |
| Bybit OGUSDT | +0.0247% | 8h | 2.8192 | +0.043% | $528K | $180K | 13x | as long as short |
Binance OGUSDT
Gate OG_USDT
MEXC OG_USDT
Bitget OGUSDT
Variational Omni OG
Bybit OGUSDT