Funding you earn now, next payment 04:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.47 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against BingX−0.118%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$451as in the Funding arb table
Net, price: spread back to 7d avg − costs−$469as in the Price arb table
costs, in and out, $10k−$4544.537% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.118%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.155% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PARTI-USDT | 0.02539 | 0.0193 | pay 0.0097% / 4h | 2h 22m | — | $6.6M | — |
| Short | KuCoin PARTIUSDTM | 0.02536 | 0.0100 | get 0.0050% / 4h | 2h 22m | $218K | $100K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.57
- Price spread: −0.118% → +0.037%
- −$15.54
- Slippage, 4 orders
- −$431.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$488.85
- Costs to cover
- 4.537%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 13 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, 9 min ago | 9.88 bp | 30.9 bp −$31 | 98.6 bp −$986 | 703.5 bp −$70.4K | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 15.84 bp | 232.1 bp −$232 | doesn't fit | doesn't fit | doesn't fit |
PARTI on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PARTIUSDT | +0.0100% | 4h | 0.02537 | −0.079% | $1.0M | $560K | 25x | as long as short |
| OKX PARTI-USDT-SWAP | +0.0100% | 4h | 0.02539 | 0.000% | $447K | $793K | 10x | as long as short |
| Gate PARTI_USDT | +0.0100% | 4h | 0.02535 | −0.158% | $178K | $87K | 25x | as long as short |
| KuCoin PARTIUSDTMshort | +0.0100% | 4h | 0.02536 | −0.118% | $218K | $100K | 25x | |
| Bitget PARTIUSDT | +0.0100% | 4h | 0.02539 | 0.000% | $640K | $540K | 20x | as long as short |
| Variational Omni PARTI | +0.0100% | 4h | 0.02538 | −0.036% | $7K | $440 | — | as long as short |
| BingX PARTI-USDTlong | +0.0193% | 4h | 0.02539 | long leg | — | $6.6M | — | |
| Binance PARTIUSDT | +0.0217% | 4h | 0.02540 | +0.039% | $3.4M | $4.3M | 25x | as long as short |
| MEXC PARTI_USDT | +0.0220% | 4h | 0.02540 | +0.039% | $668K | $220K | 20x | as long as short |
| Extended PARTI-USD | +0.0224% | 1h | 0.02539 | −0.011% | $62 | $179K | 5x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PARTIUSDT | +0.0428% | 4h | 0.02539 | −0.017% | $12K | $25K | 5x | as long as short |
BingX PARTI-USDT
KuCoin PARTIUSDTM
Bybit PARTIUSDT
OKX PARTI-USDT-SWAP
Gate PARTI_USDT
Bitget PARTIUSDT
Variational Omni PARTI
Binance PARTIUSDT
MEXC PARTI_USDT
Extended PARTI-USD
Aster PARTIUSDT