Funding you earn now, next payment 06:00 UTC−0.1608%/8h= −176.1% APRnext payment −$2.01 per $10,000 · paid last 24h −3.100%
Price spread now: KuCoin against BingX+4.221%7-day average +0.601% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,978as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$8248.244% of the position
Funding, last 7 days−21.535%−$2,153 on $10k
+Price spread, last 7 days−6.960%−$696 · spread now +4.221%, 7d avg +0.601%
=The price spread pays, funding is against you. KuCoin is 3.620% dearer against BingX than usual: you sell high and buy low (spread +4.221% now, against its 7-day average of +0.601%): +$362 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 7.5 days. At the pace of the last 7 days (−21.535% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004025 | −0.0064 | get 0.0008% / 1h | 23m 50s | — | $5.5M | — |
| Short | KuCoin ONEUSDTM | 0.004195 | −0.1672 | pay 0.0209% / 1h | 23m 50s | $3.8M | $12.1M | 30x |
BingX ONE-USDT
KuCoin ONEUSDTMFunding 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
- −$337.68
- Price spread: +4.221% → +0.601%
- $362.03
- Slippage, 4 orders
- −$802.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$800.08
- Costs to cover
- 8.244%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 5 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, 11 min ago | 4.31 bp | 14.0 bp −$14 | 44.8 bp −$448 | 584.9 bp −$58.5K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 14.08 bp | 373.8 bp −$374 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.6277% | 1h | 0.005334 | +32.513% | $6.4M | $235.5M | 10x | as long as short |
| Variational Omni ONE | −0.3760% | 1h | 0.004066 | +1.017% | $100K | $49K | — | as long as short |
| BloFin ONE-USDT | −0.1679% | 1h | 0.004074 | +1.227% | $808K | $2.2M | 50x | as long as short |
| KuCoin ONEUSDTMshort | −0.1672% | 1h | 0.004195 | +4.221% | $3.8M | $12.1M | 30x | |
| Bitget ONEUSDT | −0.1328% | 1h | 0.004049 | +0.586% | $1.9M | $31.0M | 20x | as long as short |
| Aster ONEUSDT | −0.1183% | 1h | 0.004017 | −0.207% | $2.1M | $5.8M | 5x | as long as short |
| Binance ONEUSDT | −0.0719% | 1h | 0.004019 | −0.141% | $13.8M | $329.0M | 50x | as long as short |
| MEXC ONE_USDT | −0.0712% | 1h | 0.004018 | −0.181% | $11.2M | $14.9M | 20x | as long as short |
| Gate ONE_USDT | −0.0393% | 8h | 0.004014 | −0.276% | $1.8M | $15.1M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0064% | 1h | 0.004025 | long leg | — | $5.5M | — |
OKX ONE-USDT-SWAP
Variational Omni ONE
BloFin ONE-USDT
Bitget ONEUSDT
Aster ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT