Funding you earn now, next payment 04:00 UTC−0.1166%/8h= −127.7% APRnext payment −$5.83 per $10,000 · paid last 24h −0.145%
Price spread now: KuCoin against BingX−0.288%7-day average −0.201% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.301%−$30 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.288%, 7d avg −0.201%
=Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and KuCoin is 0.086% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.201%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.301% in total (about -15.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.83 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 | BingX XNY-USDT | 0.006260 | 0.1266 | pay 0.0633% / 4h | 1h 32m | — | $1.3M | — |
| Short | KuCoin XNYUSDTM | 0.006242 | 0.0100 | get 0.0050% / 4h | 1h 32m | $284K | $12K | 10x |
BingX XNY-USDT
KuCoin XNYUSDTMFunding 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
- −$244.86
- Price spread: −0.288% → −0.201%
- −$8.63
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$275.49
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 13 min ago; KuCoin: live order book, 64 min ago. Net counts fees only.
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, 13 min ago | 10.45 bp | 45.9 bp −$46 | 294.9 bp −$2,949 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 33.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XNY 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XNYUSDT | +0.0100% | 4h | 0.006239 | −0.335% | $437K | $30K | 5x | as long as short |
| KuCoin XNYUSDTMshort | +0.0100% | 4h | 0.006242 | −0.288% | $284K | $12K | 10x | |
| Variational Omni XNY | +0.0100% | 4h | 0.006226 | −0.547% | $52K | $1K | — | as long as short |
| Gate XNY_USDT | +0.0336% | 4h | 0.006226 | −0.543% | $206K | $12K | 10x | as long as short |
| Aster XNYUSDT | +0.1170% | 4h | 0.006246 | −0.230% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDTlong | +0.1266% | 4h | 0.006260 | long leg | — | $1.3M | — | |
| MEXC XNY_USDT | +0.1314% | 4h | 0.006260 | 0.000% | $169K | $94K | 100x | as long as short |
| Binance XNYUSDT | +0.1333% | 4h | 0.006262 | +0.032% | $3.6M | $939K | 10x | as long as short |
| BloFin XNY-USDT | +0.1341% | 4h | 0.006259 | −0.016% | $222K | $6K | 10x | as long as short |
Bybit XNYUSDT
Variational Omni XNY
Gate XNY_USDT
Aster XNYUSDT
MEXC XNY_USDT
Binance XNYUSDT
BloFin XNY-USDT