Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.098%
Price spread now: KuCoin against BingX0.000%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$573as in the Funding arb table
Net, price: spread back to 7d avg − costs−$589as in the Price arb table
costs, in and out, $10k−$5815.805% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now 0.000%, 7d avg +0.089%
=Funding pays, the price is against you. KuCoin is 0.089% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.089%). If the spread goes back, that is −$9 on $10k: about 2.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.076% in total) that is about 8.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STO-USDT | 0.04163 | 0.0628 | pay 0.0314% / 4h | 2h 15m | — | $6.5M | — |
| Short | KuCoin STOUSDTM | 0.04163 | 0.0750 | get 0.0375% / 4h | 2h 15m | $992K | $18K | 25x |
BingX STO-USDT
KuCoin STOUSDTMFunding 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
- $25.62
- Price spread: 0.000% → +0.089%
- −$8.94
- Slippage, 4 orders
- −$558.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$563.83
- Costs to cover
- 5.805%
- Break-even
- 161.1 days
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 59 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, 5 min ago | 7.21 bp | 28.0 bp −$28 | 88.9 bp −$889 | 856.3 bp −$85.6K | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 17.85 bp | 261.6 bp −$262 | doesn't fit | doesn't fit | doesn't fit |
STO on 9 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 STO_USDT | +0.0078% | 4h | 0.04163 | 0.000% | $246K | $125K | 25x | as long as short |
| Aster STOUSDT | +0.0100% | 4h | 0.04165 | +0.044% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04161 | −0.053% | $3.4M | $1.5M | 20x | as long as short |
| MEXC STO_USDT | +0.0100% | 4h | 0.04159 | −0.096% | $769K | $104K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04160 | −0.072% | $319K | $25K | 10x | as long as short |
| Variational Omni STO | +0.0556% | 4h | 0.04168 | +0.116% | $4K | $213 | — | as long as short |
| BingX STO-USDTlong | +0.0628% | 4h | 0.04163 | long leg | — | $6.5M | — | |
| Bybit STOUSDT | +0.0718% | 4h | 0.04169 | +0.144% | $717K | $285K | 13x | as long as short |
| KuCoin STOUSDTMshort | +0.0750% | 4h | 0.04163 | 0.000% | $992K | $18K | 25x |
Gate STO_USDT
Aster STOUSDT
Binance STOUSDT
MEXC STO_USDT
Bitget STOUSDT
Variational Omni STO
Bybit STOUSDT