Funding you earn now, next payment 04:00 UTC−0.1080%/8h= −118.3% APRnext payment −$5.40 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against BingX−0.024%7-day average −0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.024%, 7d avg −0.050%
=The price spread pays, funding is against you. KuCoin is 0.026% dearer against BingX than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.050%): +$3 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 2 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.40 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 | BingX THE-USDT | 0.08390 | 0.1242 | pay 0.0621% / 4h | 1h 14m | — | $6.5M | — |
| Short | KuCoin THEUSDTM | 0.08388 | 0.0162 | get 0.0081% / 4h | 1h 14m | $122K | $105K | 10x |
BingX THE-USDT
KuCoin THEUSDTMFunding 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
- −$226.8
- Price spread: −0.024% → −0.050%
- $2.64
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$246.16
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 11 min ago; KuCoin: live order book, 74 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 BingX live order book, 11 min ago | 9.06 bp | 44.8 bp −$45 | 223.3 bp −$2,233 | 1123.3 bp −$112.3K | 1328.8 bp −$664.4K |
| Sell KuCoin live order book, 74 min ago | 6.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
THE 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 THE_USDT | +0.0100% | 4h | 0.08420 | +0.358% | $67K | $78K | 10x | as long as short |
| Bitget THEUSDT | +0.0100% | 4h | 0.08396 | +0.072% | $445K | $369K | 10x | as long as short |
| KuCoin THEUSDTMshort | +0.0162% | 4h | 0.08388 | −0.024% | $122K | $105K | 10x | |
| Aster THEUSDT | +0.0606% | 4h | 0.08395 | +0.060% | $4K | $11K | 5x | as long as short |
| MEXC THE_USDT | +0.0614% | 4h | 0.08390 | 0.000% | $199K | $143K | 50x | as long as short |
| BloFin THE-USDT | +0.0619% | 4h | 0.08381 | −0.107% | $146K | $5K | 50x | as long as short |
| Binance THEUSDT | +0.0620% | 4h | 0.08397 | +0.083% | $2.2M | $4.7M | 10x | as long as short |
| BingX THE-USDTlong | +0.1242% | 4h | 0.08390 | long leg | — | $6.5M | — | |
| Bybit THEUSDT | +0.1322% | 4h | 0.08383 | −0.083% | $562K | $438K | 20x | as long as short |
Gate THE_USDT
Bitget THEUSDT
Aster THEUSDT
MEXC THE_USDT
BloFin THE-USDT
Binance THEUSDT
Bybit THEUSDT