Funding you earn now, next payment 08:00 UTC−0.0294%/8h= −32.2% APRnext payment −$1.47 per $10,000 · paid last 24h −0.014%
Price spread now: BingX against KuCoin+0.110%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$404as in the Funding arb table
Net, price: spread back to 7d avg − costs−$378as in the Price arb table
costs, in and out, $10k−$3843.841% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.110%, 7d avg +0.053%
=The price spread pays, funding is against you. BingX is 0.057% dearer against KuCoin than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.053%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.203% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.47 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 | KuCoin 4USDTM | 0.02006 | 0.0720 | pay 0.0360% / 4h | 1h 54m | $890K | $12.6M | 20x |
| Short | BingX 4-USDT | 0.02008 | 0.0426 | get 0.0213% / 4h | 1h 54m | — | $1.4M | — |
KuCoin 4USDTM
BingX 4-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
- −$61.74
- Price spread: +0.110% → +0.053%
- $5.65
- Slippage, 4 orders
- −$362.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$440.14
- Costs to cover
- 3.841%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 7 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 | 7.42 bp | 241.8 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 30.20 bp | 52.2 bp −$52 | 125.7 bp −$1,257 | doesn't fit | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02012 | +0.279% | $45K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02006 | 0.000% | $2K | $1.4M | 20x | as long as short |
| Aster 4USDT | +0.0293% | 4h | 0.02006 | +0.015% | $239K | $113K | 5x | as long as short |
| Bybit 4USDT | +0.0313% | 4h | 0.02004 | −0.105% | $2.6M | $2.0M | 5x | as long as short |
| BingX 4-USDTshort | +0.0426% | 4h | 0.02008 | +0.110% | — | $1.4M | — | |
| Binance 4USDT | +0.0440% | 4h | 0.02005 | −0.043% | $7.9M | $13.6M | 20x | as long as short |
| MEXC 4_USDT | +0.0446% | 4h | 0.02007 | +0.050% | $1.6M | $925K | 100x | as long as short |
| Gate 4_USDT | +0.0522% | 4h | 0.02006 | −0.020% | $536K | $310K | 20x | as long as short |
| KuCoin 4USDTMlong | +0.0720% | 4h | 0.02006 | long leg | $890K | $12.6M | 20x |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Bybit 4USDT
Binance 4USDT
MEXC 4_USDT
Gate 4_USDT