Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.020%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$460as in the Funding arb table
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4584.584% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.020%, 7d avg +0.054%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.074% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.054%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QTUMUSDTM | 0.9830 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $258K | $23K | 30x |
| Short | BingX QTUM-USDT | 0.9828 | 0.0070 | get 0.0070% / 8h | 2h 50m | — | $2.3M | — |
KuCoin QTUMUSDTM
BingX QTUM-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
- −$6.3
- Price spread: −0.020% → +0.054%
- −$7.44
- Slippage, 4 orders
- −$436.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$472.11
- Costs to cover
- 4.584%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 3 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, 6 min ago | 10.17 bp | 185.1 bp −$185 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.07 bp | 24.6 bp −$25 | 73.2 bp −$732 | 451.7 bp −$45.2K | 1000.8 bp −$500.4K |
QTUM 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_QTUMUSD | −0.0127% | 1h | 0.9854 | +0.240% | $42K | $12K | 10x | as long as short |
| BingX QTUM-USDTshort | +0.0070% | 8h | 0.9828 | −0.020% | — | $2.3M | — | |
| Variational Omni QTUM | +0.0077% | 8h | 0.9816 | −0.140% | $11K | $17 | — | as long as short |
| Binance QTUMUSDT | +0.0100% | 8h | 0.9847 | +0.173% | $2.6M | $2.2M | 75x | as long as short |
| Bybit QTUMUSDT | +0.0100% | 8h | 0.9829 | −0.010% | $1.1M | $194K | 75x | as long as short |
| OKX QTUM-USDT-SWAP | +0.0100% | 4h | 0.9831 | +0.010% | $460K | $448K | 20x | as long as short |
| Gate QTUM_USDT | +0.0100% | 8h | 0.9803 | −0.275% | $70K | $8K | 30x | as long as short |
| MEXC QTUM_USDT | +0.0100% | 8h | 0.9849 | +0.193% | $3.3M | $203K | 50x | as long as short |
| KuCoin QTUMUSDTMlong | +0.0100% | 8h | 0.9830 | long leg | $258K | $23K | 30x | |
| Bitget QTUMUSDT | +0.0100% | 8h | 0.9830 | 0.000% | $1.2M | $217K | 75x | as long as short |
Kraken Futures PF_QTUMUSD
Variational Omni QTUM
Binance QTUMUSDT
Bybit QTUMUSDT
OKX QTUM-USDT-SWAP
Gate QTUM_USDT
MEXC QTUM_USDT
Bitget QTUMUSDT