Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against BingX−0.096%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,917as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,905as in the Price arb table
costs, in and out, $10k−$1,90019.005% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.096%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TOWNS-USDT | 0.002080 | 0.0100 | pay 0.0050% / 4h | 2h 59m | — | $2.3M | — |
| Short | KuCoin TOWNSUSDTM | 0.002078 | 0.0100 | get 0.0050% / 4h | 2h 59m | $248K | $31K | 10x |
BingX TOWNS-USDT
KuCoin TOWNSUSDTMFunding 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: −0.096% → −0.049%
- −$4.68
- Slippage, 4 orders
- −$1,878.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,905.17
- Costs to cover
- 19.005%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 71 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, 3 min ago | 9.64 bp | 47.8 bp −$48 | 264.7 bp −$2,647 | 1328.1 bp −$132.8K | 1530.5 bp −$765.2K |
| Sell KuCoin live order book, 71 min ago | 26.42 bp | 733.2 bp −$733 | doesn't fit | doesn't fit | doesn't fit |
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TOWNS-USDT | +0.0041% | 4h | 0.002079 | −0.048% | $131K | $4K | 10x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002079 | −0.068% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002080 | 0.000% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002078 | −0.096% | $382K | $116K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002078 | −0.096% | $69K | $15K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002079 | −0.048% | $441K | $129K | 100x | as long as short |
| KuCoin TOWNSUSDTMshort | +0.0100% | 4h | 0.002078 | −0.096% | $248K | $31K | 10x | |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002082 | +0.096% | $341K | $40K | 5x | as long as short |
| BingX TOWNS-USDTlong | +0.0100% | 4h | 0.002080 | long leg | — | $2.3M | — | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002079 | −0.042% | $195 | $549 | — | as long as short |
BloFin TOWNS-USDT
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
Bitget TOWNSUSDT
Variational Omni TOWNSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.0328% | 1h | 0.002074 | −0.288% | $77K | $3K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.3117% | 1h | 0.002086 | +0.288% | — | — | 25x | as long as short |
Coinbase International TOWNS-PERP-INTX
Deribit TOWNS_USDC-PERPETUAL