BX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.024%

Price spread now: KuCoin against Binance−0.166%7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$602as in the Funding arb table

Net, price: spread back to 7d avg − costs−$620as in the Price arb table

costs, in and out, $10k−$6126.125% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 2 days (all we have)+0.066%+$7 · spread now −0.166%, 7d avg −0.092%

Together, before fees+0.166%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.074% cheaper against Binance than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.092%). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.101% in total) that is about 5.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BXUSDT	126.57	0	get 0.0000% / 8h	5h 56m	$774K	$516K	20x
Short	KuCoin BXUSDTM	126.36	0.0100	get 0.0100% / 8h	5h 56m	$116K	$836K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.166%Rate

Funding earned: $21
Price spread: −0.166% → −0.092%: −$7.41
Slippage, 4 orders: −$590.5
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$598.91
Costs to cover: 6.125%
Break-even: 206.6 days

Slippage from Binance: live order book, 43 min ago; KuCoin: live order book, 50 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 Binance live order book, 43 min ago	3.56 bp	29.9 bp −$30	136.7 bp −$1,367	doesn't fit	doesn't fit
Sell KuCoin live order book, 50 min ago	11.87 bp	237.7 bp −$238	doesn't fit	doesn't fit	doesn't fit

BX on 14 exchanges

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
tradeXYZ xyz:BX	−0.0134%	1h	126.16	−0.324%	$664K	$267K	10x	as long as short
Aster BXUSDT	0.0000%	8h	126.54	−0.023%	$5K	$868	20x	as long as short
Binance BXUSDTlong	0.0000%	8h	126.57	long leg	$774K	$516K	20x
Bybit BXUSDT	0.0000%	8h	126.52	−0.040%	$476K	$822K	25x	as long as short
OKX BX-USDT-SWAP	0.0000%	8h	126.59	+0.016%	$163K	$115K	20x	as long as short
QFEX BX-USD	0.0000%	1h	126.35	−0.174%	$1.1M	$1.2M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.49	−0.063%	$420K	$22K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.46	−0.087%	$899K	$24K	20x	as long as short
Variational Omni BX	0.0000%	8h	126.11	−0.363%	$43K	$12K	—	as long as short
SunX BX-USDT	0.0000%	8h	126.40	−0.134%	$1K	$276K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX BX-USDT	0.0000%	8h	126.47	−0.079%	$7K	$3K	20x	as long as short
KuCoin BXUSDTMshort	+0.0100%	8h	126.36	−0.166%	$116K	$836K	20x
Injective BX/USDC PERP	+0.0220%	1h	139.59	+10.287%	$4K	$31K	12x	as long as short
GRVT BX_USDT_Perp	+0.0360%	8h	126.15	−0.332%	$669	$107K	10x	as long as short