Funding you earn now, next payment 02:00 UTC−0.6152%/8h= −673.6% APRnext payment −$7.69 per $10,000 · paid last 24h +6.177%
Price spread now: BingX against KuCoin−5.833%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs+$1,485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,237as in the Price arb table
costs, in and out, $10k−$6536.534% of the position
Funding, last 7 days+21.380%+$2,138 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 −$185 a day on $10k at the current rate, and BingX is 5.833% cheaper against KuCoin than usual: you would sell low and buy high (−$583 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +21.380%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONEUSDTM | 0.004891 | 0.6088 | pay 0.0761% / 1h | 50m 39s | $5.0M | $13.1M | 30x |
| Short | BingX ONE-USDT | 0.004606 | −0.0064 | pay 0.0008% / 1h | 50m 39s | — | $6.5M | — |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1,291.92
- Price spread: −5.833% → 0.000%
- −$583.32
- Slippage, 4 orders
- −$631.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,528.68
- Costs to cover
- 6.534%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 1 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 KuCoin live order book, 3 min ago | 9.35 bp | 169.0 bp −$169 | 1754.5 bp −$17.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.69 bp | 13.7 bp −$14 | 41.9 bp −$419 | 552.6 bp −$55.3K | 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 | −5.9333% | 1h | 0.005285 | +8.052% | $6.1M | $276.3M | 10x | as long as short |
| Gate ONE_USDT | −0.1999% | 8h | 0.004586 | −6.236% | $1.9M | $16.2M | 20x | as long as short |
| Aster ONEUSDT | −0.1575% | 1h | 0.004612 | −5.706% | $2.4M | $6.4M | 5x | as long as short |
| BloFin ONE-USDT | −0.1564% | 1h | 0.004615 | −5.641% | $852K | $3.3M | 50x | as long as short |
| Bitget ONEUSDT | −0.1448% | 1h | 0.004637 | −5.201% | $2.0M | $35.7M | 20x | as long as short |
| MEXC ONE_USDT | −0.0600% | 1h | 0.004618 | −5.584% | $12.3M | $16.4M | 20x | as long as short |
| Binance ONEUSDT | −0.0536% | 1h | 0.004615 | −5.644% | $15.9M | $356.4M | 50x | as long as short |
| Variational Omni ONE | −0.0206% | 1h | 0.004610 | −5.746% | $112K | $55K | — | as long as short |
| BingX ONE-USDTshort | −0.0064% | 1h | 0.004606 | −5.833% | — | $6.5M | — | |
| KuCoin ONEUSDTMlong | +0.6088% | 1h | 0.004891 | long leg | $5.0M | $13.1M | 30x |
KuCoin ONEUSDTM
BingX ONE-USDT
OKX ONE-USDT-SWAP
Gate ONE_USDT
Aster ONEUSDT
BloFin ONE-USDT
Bitget ONEUSDT
MEXC ONE_USDT
Binance ONEUSDT
Variational Omni ONE