Funding you earn now, next payment 04:00 UTC+0.0874%/8h= +95.7% APRnext payment +$4.37 per $10,000 · paid last 24h −0.309%
Price spread now: BingX against KuCoin−0.174%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.404%−$40 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 0.174% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 16 hours of funding at the current rate (+$26 a day). Mind the row above: over the last 7 days funding on this pair cost −0.404%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.404% in total (about -21.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.37 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 RONUSDTM | 0.06331 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $74K | $20K | 30x |
| Short | BingX RON-USDT | 0.06320 | 0.0974 | get 0.0487% / 4h | 2h 50m | — | $1.7M | — |
KuCoin RONUSDTM
BingX RON-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
- $183.54
- Price spread: −0.174% → 0.000%
- −$17.37
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $144.17
- Costs to cover
- 0.220%
- Break-even
- 1.5 days
Slippage unknown: KuCoin: no order-book sample; BingX: live order book, 11 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 11 min ago | 7.88 bp | 65.5 bp −$65 | 161.1 bp −$1,611 | 376.1 bp −$37.6K | 547.6 bp −$273.8K |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
RON on 4 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 RON_USDT | +0.0100% | 8h | 0.06317 | −0.221% | $32K | $26K | 20x | as long as short |
| MEXC RON_USDT | +0.0100% | 4h | 0.06325 | −0.095% | $5.9M | $189K | 50x | as long as short |
| KuCoin RONUSDTMlong | +0.0100% | 4h | 0.06331 | long leg | $74K | $20K | 30x | |
| BingX RON-USDTshort | +0.0974% | 4h | 0.06320 | −0.174% | — | $1.7M | — |
Gate RON_USDT
MEXC RON_USDT