Funding you earn now, next payment 04:00 UTC+0.0920%/8h= +100.7% APRnext payment +$4.60 per $10,000 · paid last 24h +0.204%
Price spread now: BingX against KuCoin+0.521%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,686as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,683as in the Price arb table
costs, in and out, $10k−$1,72717.273% of the position
Funding, last 7 days+0.412%+$41 on $10k
+Price spread, last 4 days (all we have)−0.408%−$41 · spread now +0.521%, 7d avg +0.073%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BingX is 0.448% dearer against KuCoin than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.412% in total (about 21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QUSDTM | 0.02573 | 0.0100 | pay 0.0050% / 4h | 1h 13m | $681K | $19K | 20x |
| Short | BingX Q-USDT | 0.02586 | 0.1020 | get 0.0510% / 4h | 1h 13m | — | $1.3M | — |
KuCoin QUSDTM
BingX Q-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
- $193.2
- Price spread: +0.521% → +0.073%
- $44.82
- Slippage, 4 orders
- −$1,705.33
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,489.31
- Costs to cover
- 17.273%
- Break-even
- 61.0 days
Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 8 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, 11 min ago | 17.12 bp | 1114.9 bp −$1,115 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 27.64 bp | 83.2 bp −$83 | 216.9 bp −$2,169 | 1264.0 bp −$126.4K | doesn't fit |
Q 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02574 | +0.027% | $1.2M | $284K | 10x | as long as short |
| KuCoin QUSDTMlong | +0.0100% | 4h | 0.02573 | long leg | $681K | $19K | 20x | |
| Bitget QUSDT | +0.0100% | 4h | 0.02583 | +0.400% | $2.3M | $126K | 20x | as long as short |
| MEXC Q_USDT | +0.0806% | 4h | 0.02582 | +0.350% | $123K | $88K | 50x | as long as short |
| Binance QUSDT | +0.0806% | 4h | 0.02582 | +0.349% | $7.1M | $1.4M | 20x | as long as short |
| Extended Q-USD | +0.0808% | 1h | 0.02581 | +0.304% | $9K | $160K | 5x | as long as short |
| BloFin Q-USDT | +0.0834% | 4h | 0.02581 | +0.319% | $387K | $72K | 40x | as long as short |
| Aster QUSDT | +0.0851% | 4h | 0.02577 | +0.145% | $59K | $52K | 5x | as long as short |
| Variational Omni Q | +0.0878% | 4h | 0.02576 | +0.124% | $622 | $2K | — | as long as short |
| BingX Q-USDTshort | +0.1020% | 4h | 0.02586 | +0.521% | — | $1.3M | — |
Gate Q_USDT
Bitget QUSDT
MEXC Q_USDT
Binance QUSDT
Extended Q-USD
BloFin Q-USDT
Aster QUSDT
Variational Omni QShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDT | +0.1022% | 4h | 0.02577 | +0.163% | $1.6M | $365K | 13x | as long as short |
Bybit QUSDT