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

ONE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+21.380%+$2,138 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ONEUSDTM0.0048910.6088pay 0.0761% / 1h50m 39s$5.0M$13.1M30x
ShortBingX ONE-USDT0.004606−0.0064pay 0.0008% / 1h50m 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago9.35 bp169.0 bp −$1691754.5 bp −$17.5Kdoesn't fitdoesn't fit
Sell BingX live order book, 1 min ago3.69 bp13.7 bp −$1441.9 bp −$419552.6 bp −$55.3Kdoesn't fit

ONE on 10 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
OKX ONE-USDT-SWAP−5.9333%1h0.005285+8.052%$6.1M$276.3M10xas long as short
Gate ONE_USDT−0.1999%8h0.004586−6.236%$1.9M$16.2M20xas long as short
Aster ONEUSDT−0.1575%1h0.004612−5.706%$2.4M$6.4M5xas long as short
BloFin ONE-USDT−0.1564%1h0.004615−5.641%$852K$3.3M50xas long as short
Bitget ONEUSDT−0.1448%1h0.004637−5.201%$2.0M$35.7M20xas long as short
MEXC ONE_USDT−0.0600%1h0.004618−5.584%$12.3M$16.4M20xas long as short
Binance ONEUSDT−0.0536%1h0.004615−5.644%$15.9M$356.4M50xas long as short
Variational Omni ONE−0.0206%1h0.004610−5.746%$112K$55Kas long as short
BingX ONE-USDTshort−0.0064%1h0.004606−5.833%$6.5M
KuCoin ONEUSDTMlong+0.6088%1h0.004891long leg$5.0M$13.1M30x