Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against BingX−0.084%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,520as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,524as in the Price arb table
costs, in and out, $10k−$1,51415.139% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.084%, 7d avg +0.018%
=Funding pays, the price is against you. KuCoin is 0.102% cheaper against BingX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.018%). If the spread goes back, that is −$10 on $10k: about 24 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, 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 TREE-USDT | 0.04741 | −0.0054 | get 0.0027% / 4h | 28m 38s | — | $2.3M | — |
| Short | KuCoin TREEUSDTM | 0.04737 | −0.0040 | pay 0.0020% / 4h | 28m 38s | $212K | $47K | 10x |
Funding 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
- $2.94
- Price spread: −0.084% → +0.018%
- −$10.19
- Slippage, 4 orders
- −$1,491.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,521.16
- Costs to cover
- 15.139%
- Break-even
- 3628.8 days
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 52 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, 4 min ago | 5.30 bp | 34.8 bp −$35 | 76.8 bp −$768 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 18.08 bp | 805.6 bp −$806 | doesn't fit | doesn't fit | doesn't fit |
TREE 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TREE | −0.0280% | 4h | 0.04718 | −0.492% | $10K | $3 | — | as long as short |
| BingX TREE-USDTlong | −0.0054% | 4h | 0.04741 | long leg | — | $2.3M | — | |
| MEXC TREE_USDT | −0.0046% | 4h | 0.04740 | −0.021% | $24K | $84K | 20x | as long as short |
| Binance TREEUSDT | −0.0044% | 4h | 0.04739 | −0.046% | $1.9M | $3.5M | 10x | as long as short |
| KuCoin TREEUSDTMshort | −0.0040% | 4h | 0.04737 | −0.084% | $212K | $47K | 10x | |
| Aster TREEUSDT | +0.0043% | 4h | 0.04741 | +0.002% | $5K | $2K | 5x | as long as short |
| Bybit TREEUSDT | +0.0100% | 4h | 0.04733 | −0.169% | $860K | $748K | 25x | as long as short |
| Gate TREE_USDT | +0.0100% | 4h | 0.04742 | +0.021% | $104K | $72K | 20x | as long as short |
| Bitget TREEUSDT | +0.0100% | 4h | 0.04736 | −0.105% | $1.8M | $230K | 5x | as long as short |
BingX TREE-USDT
KuCoin TREEUSDTM
Variational Omni TREE
MEXC TREE_USDT
Binance TREEUSDT
Aster TREEUSDT
Bybit TREEUSDT
Gate TREE_USDT
Bitget TREEUSDT