Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against BingX+0.150%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$468as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4744.743% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.150%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.158% dearer against BingX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RARE-USDT | 0.01329 | 0.0070 | pay 0.0035% / 4h | 3h 01m | — | $1.3M | — |
| Short | KuCoin RAREUSDTM | 0.01331 | 0.0100 | get 0.0050% / 4h | 3h 01m | $210K | $68K | 30x |
BingX RARE-USDT
KuCoin RAREUSDTMFunding 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
- $6.3
- Price spread: +0.150% → −0.007%
- $15.77
- Slippage, 4 orders
- −$452.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$452.2
- Costs to cover
- 4.743%
- Break-even
- 509.4 days
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 20 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, 4 min ago | 7.52 bp | 40.0 bp −$40 | 170.2 bp −$1,702 | 722.2 bp −$72.2K | 1215.2 bp −$607.6K |
| Sell KuCoin live order book, 20 min ago | 26.41 bp | 136.3 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDTlong | +0.0070% | 4h | 0.01329 | long leg | — | $1.3M | — | |
| Aster RAREUSDT | +0.0100% | 4h | 0.01329 | +0.027% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01329 | +0.011% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01331 | +0.143% | $313K | $79K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01328 | −0.075% | $49K | $26K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01329 | 0.000% | $640K | $178K | 100x | as long as short |
| KuCoin RAREUSDTMshort | +0.0100% | 4h | 0.01331 | +0.150% | $210K | $68K | 30x | |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01327 | −0.150% | $231K | $75K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01331 | +0.160% | $1K | $923 | — | as long as short |
| BloFin RARE-USDT | +0.0155% | 4h | 0.01331 | +0.150% | $105K | $19K | 25x | as long as short |
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
Bitget RAREUSDT
Variational Omni RARE
BloFin RARE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +3.9347% | 1h | 0.01342 | +0.971% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD