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

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.252%
Price spread now: KuCoin against BingX−0.205%7-day average −0.336% · you buy dearer than you sell
Net, funding: paid 7d − costs−$932as in the Funding arb table
Net, price: spread back to 7d avg − costs−$869as in the Price arb table
costs, in and out, $10k−$8828.824% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.496%−$50 on $10k
Price spread, last 7 days+0.155%+$15 · spread now −0.205%, 7d avg −0.336%
Together, before fees−0.341%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.131% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.336%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ON-USDT0.13670.0100pay 0.0050% / 4h54m 39s$6.6M
ShortKuCoin ONUSDTM0.13640.0100get 0.0050% / 4h54m 39s$750K$72K50x

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

Profit calculator

Funding earned
$0
Price spread: −0.205% → −0.336%
$13.14
Slippage, 4 orders
−$860.4
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$869.26
Costs to cover
8.824%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 9 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 BingX live order book, 7 min ago7.33 bp16.5 bp −$1688.3 bp −$883doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago19.48 bp423.2 bp −$423doesn't fitdoesn't fitdoesn't fit

ON on 8 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
Binance ONUSDT+0.0100%4h0.1367−0.007%$5.9M$3.8M50xas long as short
Gate ON_USDT+0.0100%4h0.1361−0.454%$304K$33K5xas long as short
MEXC ON_USDT+0.0100%4h0.1366−0.073%$1.1M$405K50xas long as short
KuCoin ONUSDTMshort+0.0100%4h0.1364−0.205%$750K$72K50x
BingX ON-USDTlong+0.0100%4h0.1367long leg$6.6M
Variational Omni ON+0.0100%4h0.1367+0.023%$25K$7Kas long as short
edgeX ONUSDC+0.0106%4h0.1366−0.054%$8K$134K10xas long as short
Aster ONUSDT+0.0385%4h0.1363−0.293%$443K$32K5xas long as short