Funding you earn now, next payment 03:00 UTC+0.2868%/8h= +314.0% APRnext payment +$14.34 per $10,000 · paid last 24h +0.616%
Price spread now: BingX against KuCoin−0.097%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,597as in the Price arb table
costs, in and out, $10k−$1,58215.825% of the position
Funding, last 7 days+0.808%+$81 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.097%, 7d avg +0.045%
=Funding pays, the price is against you. BingX is 0.143% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.045%). If the spread goes back, that is −$14 on $10k: about 4 hours of funding at the current rate (+$86 a day). At the pace of the last 7 days (+0.808% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.808% in total (about 42.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.34 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 | KuCoin TRUSTUSDTM | 0.06172 | 0.0100 | pay 0.0050% / 4h | 13m 14s | $300K | $739K | 10x |
| Short | BingX TRUST-USDT | 0.06166 | 0.2968 | get 0.1484% / 4h | 1h 13m | — | $6.5M | — |
KuCoin TRUSTUSDTM
BingX TRUST-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
- $602.28
- Price spread: −0.097% → +0.045%
- −$14.26
- Slippage, 4 orders
- −$1,560.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$994.44
- Costs to cover
- 15.825%
- Break-even
- 18.6 days
Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 3 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, 11 min ago | 9.68 bp | 790.4 bp −$790 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 10.53 bp | 50.2 bp −$50 | 99.5 bp −$995 | 1042.0 bp −$104.2K | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06177 | +0.081% | $114K | $302K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06172 | 0.000% | $505K | $27K | 10x | as long as short |
| KuCoin TRUSTUSDTMlong | +0.0100% | 4h | 0.06172 | long leg | $300K | $739K | 10x | |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06176 | +0.065% | $670K | $76K | 10x | as long as short |
| MEXC TRUST_USDT | +0.0272% | 4h | 0.06163 | −0.146% | $214K | $104K | 50x | as long as short |
| Binance TRUSTUSDT | +0.0272% | 4h | 0.06162 | −0.158% | $1.7M | $2.0M | 10x | as long as short |
| Aster TRUSTUSDT | +0.0342% | 4h | 0.06170 | −0.037% | $10K | $8K | 5x | as long as short |
| BingX TRUST-USDTshort | +0.2968% | 4h | 0.06166 | −0.097% | — | $6.5M | — | |
| Bybit TRUSTUSDT | +0.3398% | 4h | 0.06146 | −0.421% | $543K | $461K | 25x | as long as short |
| Variational Omni TRUST | +0.3652% | 4h | 0.06157 | −0.246% | $56K | $409 | — | as long as short |
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
Bitget TRUSTUSDT
MEXC TRUST_USDT
Binance TRUSTUSDT
Aster TRUSTUSDT
Bybit TRUSTUSDT
Variational Omni TRUST