Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.046%
Price spread now: KuCoin against BingX+0.069%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$324as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3353.348% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 7 days−0.207%−$21 · spread now +0.069%, 7d avg −0.065%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.134% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PTB-USDT | 0.001015 | 0.0780 | pay 0.0390% / 4h | 1h 36m | — | $1.9M | — |
| Short | KuCoin PTBUSDTM | 0.001015 | 0.0902 | get 0.0451% / 4h | 1h 36m | $1.6M | $6.0M | 20x |
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
- $25.62
- Price spread: +0.069% → −0.065%
- $13.35
- Slippage, 4 orders
- −$312.82
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$295.85
- Costs to cover
- 3.348%
- Break-even
- 87.8 days
Slippage from BingX: live order book, 2 min ago; KuCoin: 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 BingX live order book, 2 min ago | 3.89 bp | 33.0 bp −$33 | 130.0 bp −$1,300 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 9.25 bp | 73.4 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
PTB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.001017 | +0.197% | $1.5M | $15.5M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001040 | +2.446% | $30K | $59K | — | as long as short |
| BingX PTB-USDTlong | +0.0780% | 4h | 0.001015 | long leg | — | $1.9M | — | |
| Extended kPTB-USD | +0.0784% | 1h | 0.001015 | +0.055% | $4K | $42K | 5x | as long as short |
| MEXC PTB_USDT | +0.0786% | 4h | 0.001017 | +0.168% | $324K | $534K | 20x | as long as short |
| Binance PTBUSDT | +0.0787% | 4h | 0.001015 | −0.012% | $7.2M | $90.9M | 20x | as long as short |
| BloFin PTB-USDT | +0.0804% | 4h | 0.001025 | +0.995% | $421K | $342K | 20x | as long as short |
| Gate PTB_USDT | +0.0834% | 4h | 0.001012 | −0.227% | $1.7M | $3.5M | 25x | as long as short |
| KuCoin PTBUSDTMshort | +0.0902% | 4h | 0.001015 | +0.069% | $1.6M | $6.0M | 20x | |
| Aster PTBUSDT | +0.1004% | 4h | 0.001016 | +0.091% | $70K | $702K | 5x | as long as short |
BingX PTB-USDT
KuCoin PTBUSDTM
Bybit PTBUSDT
Variational Omni PTB
Extended kPTB-USD
MEXC PTB_USDT
Binance PTBUSDT
BloFin PTB-USDT
Gate PTB_USDT
Aster PTBUSDT