Funding you earn now, next payment 08:00 UTC+0.1082%/8h= +118.5% APRnext payment +$5.41 per $10,000 · paid last 24h +0.722%
Price spread now: BingX against KuCoin−0.139%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$572as in the Funding arb table
Net, price: spread back to 7d avg − costs−$720as in the Price arb table
costs, in and out, $10k−$7147.140% of the position
Funding, last 7 days+1.422%+$142 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.139%, 7d avg −0.080%
=Funding pays, the price is against you. BingX is 0.059% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of −0.080%). If the spread goes back, that is −$6 on $10k: about 4 hours of funding at the current rate (+$32 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1947 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $1.8M | $3.4M | 50x |
| Short | BingX SOON-USDT | 0.1944 | 0.1182 | get 0.0591% / 4h | 2h 36m | — | $6.7M | — |
KuCoin SOONUSDTM
BingX SOON-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
- $227.22
- Price spread: −0.139% → −0.080%
- −$5.88
- Slippage, 4 orders
- −$692.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$492.7
- Costs to cover
- 7.140%
- Break-even
- 22.2 days
Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 11 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 | 4.36 bp | 323.5 bp −$324 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 2.57 bp | 13.3 bp −$13 | 68.3 bp −$683 | 830.5 bp −$83.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SOONUSDTMlong | +0.0100% | 4h | 0.1947 | long leg | $1.8M | $3.4M | 50x | |
| Binance SOONUSDT | +0.0637% | 4h | 0.1946 | −0.036% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0640% | 1h | 0.1945 | −0.062% | $6K | $291K | 5x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0773% | 1h | 0.1937 | −0.499% | $11K | $2K | 10x | as long as short |
| OKX SOON-USDT-SWAP | +0.0788% | 4h | 0.1948 | +0.067% | $1.9M | $492K | 20x | as long as short |
| Variational Omni SOON | +0.0926% | 4h | 0.1935 | −0.617% | $238K | $20K | — | as long as short |
| Gate SOON_USDT | +0.0956% | 4h | 0.1942 | −0.241% | $3.2M | $136K | 50x | as long as short |
| Bybit SOONUSDT | +0.0977% | 4h | 0.1936 | −0.550% | $2.5M | $1.2M | 25x | as long as short |
| BingX SOON-USDTshort | +0.1182% | 4h | 0.1944 | −0.139% | — | $6.7M | — | |
| Aster SOONUSDT | +0.1231% | 4h | 0.1943 | −0.203% | $189K | $3K | 5x | as long as short |
Binance SOONUSDT
Extended SOON-USD
Kraken Futures PF_SOONUSD
OKX SOON-USDT-SWAP
Variational Omni SOON
Gate SOON_USDT
Bybit SOONUSDT
Aster SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SOONUSDT | +0.1244% | 4h | 0.1944 | −0.139% | $9.1M | $285K | 25x | as long as short |
Bitget SOONUSDT