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: BingX against KuCoin−0.153%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$365as in the Funding arb table
Net, price: spread back to 7d avg − costs−$374as in the Price arb table
costs, in and out, $10k−$3583.583% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.153%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.160% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAREUSDTM | 0.01308 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $207K | $63K | 30x |
| Short | BingX RARE-USDT | 0.01306 | 0.0070 | get 0.0035% / 4h | 1h 28m | — | $1.3M | — |
KuCoin RAREUSDTM
BingX RARE-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: −0.153% → +0.007%
- −$16
- Slippage, 4 orders
- −$336.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$380.59
- Costs to cover
- 3.583%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 10 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, 5 min ago | 15.27 bp | 186.7 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 7.61 bp | 36.0 bp −$36 | 122.2 bp −$1,222 | 742.3 bp −$74.2K | doesn't fit |
RARE on 11 exchanges
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-USDTshort | +0.0070% | 4h | 0.01306 | −0.153% | — | $1.3M | — | |
| BloFin RARE-USDT | +0.0096% | 4h | 0.01309 | +0.076% | $104K | $12K | 25x | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01307 | −0.078% | $7K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01308 | +0.027% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01309 | +0.061% | $304K | $75K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01307 | −0.076% | $49K | $21K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01307 | −0.076% | $633K | $179K | 100x | as long as short |
| KuCoin RAREUSDTMlong | +0.0100% | 4h | 0.01308 | long leg | $207K | $63K | 30x | |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01307 | −0.076% | $227K | $66K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01308 | −0.016% | $1K | $918 | — | as long as short |
BloFin RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
Bitget RAREUSDT
Variational Omni RAREShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +0.9140% | 1h | 0.01322 | +1.032% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD