Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.468%
Price spread now: KuCoin against BingX+0.176%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$551as in the Funding arb table
Net, price: spread back to 7d avg − costs−$422as in the Price arb table
costs, in and out, $10k−$4324.318% of the position
Funding, last 7 days−1.189%−$119 on $10k
+Price spread, last 7 days−0.048%−$5 · spread now +0.176%, 7d avg +0.075%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.101% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.075%. Mind the row above: over the last 7 days funding on this pair cost −1.189%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1936 | 0.0070 | pay 0.0035% / 4h | 1h 35m | — | $6.7M | — |
| Short | KuCoin SOONUSDTM | 0.1939 | 0.0100 | get 0.0050% / 4h | 1h 35m | $1.8M | $3.0M | 50x |
BingX SOON-USDT
KuCoin SOONUSDTMFunding 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: +0.176% → +0.075%
- $10.08
- Slippage, 4 orders
- −$409.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$415.4
- Costs to cover
- 4.318%
- Break-even
- 468.6 days
Slippage from BingX: live order book, 16 min ago; KuCoin: live order book, 6 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, 16 min ago | 2.58 bp | 15.4 bp −$15 | 59.4 bp −$594 | 772.5 bp −$77.3K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 3.86 bp | 194.6 bp −$195 | 711.0 bp −$7,110 | doesn't fit | doesn't fit |
SOON 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 SOON-USDTlong | +0.0070% | 4h | 0.1936 | long leg | — | $6.7M | — | |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1940 | +0.207% | $1.9M | $421K | 20x | as long as short |
| Gate SOON_USDT | +0.0100% | 4h | 0.1936 | 0.000% | $3.1M | $91K | 50x | as long as short |
| KuCoin SOONUSDTMshort | +0.0100% | 4h | 0.1939 | +0.176% | $1.8M | $3.0M | 50x | |
| Binance SOONUSDT | +0.0119% | 4h | 0.1941 | +0.258% | $7.9M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0120% | 1h | 0.1941 | +0.234% | $7K | $207K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0338% | 1h | 0.1936 | +0.020% | $11K | $1K | 10x | as long as short |
| Bitget SOONUSDT | +0.0510% | 4h | 0.1941 | +0.258% | $9.1M | $212K | 25x | as long as short |
| Aster SOONUSDT | +0.0684% | 4h | 0.1941 | +0.267% | $189K | $2K | 5x | as long as short |
| Variational Omni SOON | +0.3484% | 4h | 0.1930 | −0.296% | $222K | $4K | — | as long as short |
OKX SOON-USDT-SWAP
Gate SOON_USDT
Binance SOONUSDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
Bitget SOONUSDT
Aster SOONUSDT
Variational Omni SOONShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.3667% | 4h | 0.1924 | −0.620% | $2.5M | $1.1M | 25x | as long as short |
Bybit SOONUSDT