Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.880 | +0.0345 | pay 0.0345% / 8h | 3h 01m | $992K | $1.6M | — | Long BingX | |
| SHORT | 14.880 | +0.0663 | get 0.0663% / 8h | 3h 01m | $104K | $1.8M | 20x | Short KuCoin |
Price gap0.000%
Funding gap+0.0318% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.050% above its 7d average: +$5 more if it goes back.
Funding on this pair cost 0.354% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$35+0.0318% /8h now · paid −0.354% over the last 7D
Price+$5spread 0.000% now, avg −0.050% → +0.050% if it goes back
Costs−$2,56825.678% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLUNR on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size123.5 / 381.7 bpAt $10k entering KuCoin costs 381.7 bp, fee and slippage, 3.1× BingX’s.
- Note: Margin at max leverage— + $500BingX —, KuCoin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$9.54Long BingX: 3 payments, −$10.35; short KuCoin: 3 payments, +$19.89.
- OK: Entry gap works for you0.000% vs −0.050%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$104K vs $992K OIKuCoin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · KuCoin YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0169%/8h × 21 periods−$35.39
Price spread0.000% → −0.050% (7d avg)+$4.98
Slippage, 4 orderslive order books−$2,545.80
Fee BingX bp × 2 orders−$10.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$2,598.21
Costs to cover25.678%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; KuCoin: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX20.16123.5 bp−$124214.4 bp−$2,144557.1 bp−$55.7K969.9 bp−$484.9K
SELL · SHORTKuCoin6.72381.7 bp−$382doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

