Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: BingX against KuCoin0.000%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2992.992% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PORTALUSDTM | 0.02030 | 0.0100 | pay 0.0050% / 4h | 3h 43m | $331K | $111K | 10x |
| Short | BingX PORTAL-USDT | 0.02030 | 0.0100 | get 0.0050% / 4h | 3h 43m | — | $1.3M | — |
KuCoin PORTALUSDTM
BingX PORTAL-USDTFunding 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
- $0
- Price spread: 0.000% → +0.016%
- −$1.58
- Slippage, 4 orders
- −$277.19
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$300.77
- Costs to cover
- 2.992%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 49 min ago; BingX: live order book, 2 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, 49 min ago | 9.75 bp | 116.3 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.92 bp | 22.4 bp −$22 | 128.5 bp −$1,285 | 686.2 bp −$68.6K | 873.0 bp −$436.5K |
PORTAL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PORTALUSDT | +0.0100% | 4h | 0.02025 | −0.250% | $10K | $31K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.02024 | −0.299% | $3.3M | $5.2M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.02025 | −0.246% | $1.3M | $870K | 20x | as long as short |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.02027 | −0.148% | $1.1M | $401K | 50x | as long as short |
| KuCoin PORTALUSDTMlong | +0.0100% | 4h | 0.02030 | long leg | $331K | $111K | 10x | |
| BingX PORTAL-USDTshort | +0.0100% | 4h | 0.02030 | 0.000% | — | $1.3M | — | |
| Variational Omni PORTAL | +0.0100% | 4h | 0.02035 | +0.222% | $1K | $7K | — | as long as short |
| BloFin PORTAL-USDT | +0.0120% | 4h | 0.02033 | +0.148% | $211K | $21K | 10x | as long as short |
| Kraken Futures PF_PORTALUSD | +0.3441% | 1h | 0.02031 | +0.062% | $41K | $190K | 10x | as long as short |
Aster PORTALUSDT
Binance PORTALUSDT
Bybit PORTALUSDT
MEXC PORTAL_USDT
Variational Omni PORTAL
BloFin PORTAL-USDT
Kraken Futures PF_PORTALUSD