Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.022%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$603as in the Funding arb table
Net, price: spread back to 7d avg − costs−$593as in the Price arb table
costs, in and out, $10k−$5925.916% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now +0.022%, 7d avg +0.031%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01387 | 0.0100 | pay 0.0050% / 4h | 2h 19m | — | $1.2M | — |
| Short | KuCoin USUALUSDTM | 0.01387 | 0.0100 | get 0.0050% / 4h | 2h 19m | $255K | $62K | 20x |
BingX USUAL-USDT
KuCoin USUALUSDTMFunding 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: +0.022% → +0.031%
- −$0.95
- Slippage, 4 orders
- −$569.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$592.59
- Costs to cover
- 5.916%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 37 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, 7 min ago | 5.46 bp | 19.7 bp −$20 | 85.9 bp −$859 | 555.0 bp −$55.5K | 832.4 bp −$416.2K |
| Sell KuCoin live order book, 37 min ago | 21.57 bp | 287.0 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.3949% | 1h | 0.01353 | −2.430% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0085% | 1h | 0.01387 | +0.047% | $110K | $19K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01387 | +0.022% | $395K | $187K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01387 | +0.007% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01390 | +0.209% | $1.0M | $795K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01388 | +0.094% | $939K | $110K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01388 | +0.065% | $6.1M | $269K | 100x | as long as short |
| KuCoin USUALUSDTMshort | +0.0100% | 4h | 0.01387 | +0.022% | $255K | $62K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01389 | +0.166% | $804K | $406K | 50x | as long as short |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01387 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01383 | −0.255% | $10K | $1K | — | as long as short |
Variational Omni USUAL