Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against BingX−0.077%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2322.325% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now −0.077%, 7d avg −0.063%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX S-USDT | 0.03903 | 0.0100 | pay 0.0050% / 4h | 2h 32m | — | $6.8M | — |
| Short | KuCoin SUSDTM | 0.03900 | 0.0100 | get 0.0050% / 4h | 2h 32m | $1.8M | $3.1M | 50x |
Funding 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
- $0
- Price spread: −0.077% → −0.063%
- −$1.34
- Slippage, 4 orders
- −$210.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$233.82
- Costs to cover
- 2.325%
- Break-even
- never at this rate
Slippage from BingX: live order book, just now; KuCoin: live order book, 5 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, just now | 3.85 bp | 17.9 bp −$18 | 54.2 bp −$542 | 470.9 bp −$47.1K | 816.0 bp −$408.0K |
| Sell KuCoin live order book, 5 min ago | 6.41 bp | 103.3 bp −$103 | 222.9 bp −$2,229 | doesn't fit | doesn't fit |
S on 25 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_SUSD | −0.1463% | 1h | 0.03900 | −0.068% | $33K | $32K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −1.973% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.1122% | 4h | 0.03894 | −0.221% | $606K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0189% / S +0.0183% | 1h | 0.03904 | +0.028% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03899 | −0.094% | $4 | — | 15x | as long as short |
| Aster SUSDT | −0.0021% | 4h | 0.03906 | +0.079% | $43K | $212K | 10x | as long as short |
| Orderly PERP_S_USDC | −0.0016% | 4h | 0.03902 | −0.026% | $101K | $338K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03906 | +0.066% | $602 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0006% | 1h | 0.03906 | +0.077% | $66K | $10K | 10x | as long as short |
| 01 Exchange SUSD | +0.0008% | 1h | 0.03900 | −0.077% | $24K | $3K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +5.047% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03901 | −0.051% | $163K | $240K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03902 | −0.038% | $984K | $911K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03898 | −0.122% | $5.3M | $23.8M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03894 | −0.231% | $5.6M | $6.4M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03896 | −0.179% | $969K | $7.4M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03903 | 0.000% | $320K | $292K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03898 | −0.128% | $3.5M | $2.6M | 200x | as long as short |
| KuCoin SUSDTMshort | +0.0100% | 4h | 0.03900 | −0.077% | $1.8M | $3.1M | 50x | |
| Bitget SUSDT | +0.0100% | 4h | 0.03904 | +0.026% | $1.2M | $3.0M | 50x | as long as short |
| BingX S-USDTlong | +0.0100% | 4h | 0.03903 | long leg | — | $6.8M | — | |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03910 | +0.179% | $19K | $471K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03899 | −0.094% | $219K | $883K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03903 | 0.000% | $269K | $177K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0503% | 1h | 0.03910 | +0.179% | $114K | $288K | 5x | as long as short |
BingX S-USDT
KuCoin SUSDTM
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Aster SUSDT
gTrade (Gains Network) S/USD
Deribit S_USDC-PERPETUAL
01 Exchange SUSD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
Bitget SUSDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP