Funding you earn now, next payment 00:00 UTC+0.0550%/8h= +60.2% APRnext payment +$2.75 per $10,000 · paid last 24h +0.142%
Price spread now: BingX against KuCoin+0.178%7-day average +0.204% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,083as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,131as in the Price arb table
costs, in and out, $10k−$1,12811.284% of the position
Funding, last 7 days+0.451%+$45 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now +0.178%, 7d avg +0.204%
=Funding pays, the price is against you. BingX is 0.026% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.178% now, against its 7-day average of +0.204%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.451% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUSDTM | 0.01632 | −0.0098 | get 0.0049% / 4h | 1h 38m | $4.2M | $277K | 20x |
| Short | BingX US-USDT | 0.01635 | 0.0452 | get 0.0226% / 4h | 1h 38m | — | $1.3M | — |
KuCoin USUSDTM
BingX US-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
- $115.5
- Price spread: +0.178% → +0.204%
- −$2.6
- Slippage, 4 orders
- −$1,106.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,015.5
- Costs to cover
- 11.284%
- Break-even
- 68.5 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 8 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, 4 min ago | 10.43 bp | 617.0 bp −$617 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.89 bp | 42.1 bp −$42 | 136.2 bp −$1,362 | 980.2 bp −$98.0K | 1231.5 bp −$615.7K |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTMlong | −0.0098% | 4h | 0.01632 | long leg | $4.2M | $277K | 20x | |
| Aster USUSDT | +0.0100% | 4h | 0.01635 | +0.177% | $12K | $55K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01634 | +0.141% | $3.2M | $853K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01634 | +0.104% | $2.1M | $548K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.301% | $16K | $3K | — | as long as short |
| MEXC US_USDT | +0.0132% | 4h | 0.01635 | +0.172% | $5.5M | $115K | 100x | as long as short |
| Binance USUSDT | +0.0132% | 4h | 0.01635 | +0.172% | $9.1M | $3.1M | 10x | as long as short |
| Extended US-USD | +0.0136% | 1h | 0.01635 | +0.190% | $4K | $141K | 5x | as long as short |
| BloFin US-USDT | +0.0174% | 4h | 0.01636 | +0.276% | $478K | $49K | 10x | as long as short |
| BingX US-USDTshort | +0.0452% | 4h | 0.01635 | +0.178% | — | $1.3M | — |
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
MEXC US_USDT
Binance USUSDT
Extended US-USD
BloFin US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0472% | 4h | 0.01637 | +0.288% | $4.3M | $248K | 10x | as long as short |
Bitget USUSDT