Funding you earn now, next payment 08:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h −0.112%
Price spread now: KuCoin against BingX−0.375%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$640as in the Funding arb table
Net, price: spread back to 7d avg − costs−$619as in the Price arb table
costs, in and out, $10k−$5935.933% of the position
Funding, last 7 days−0.462%−$46 on $10k
+Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.375%, 7d avg −0.121%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.254% cheaper against BingX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.121%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2161 | 0.0276 | pay 0.0138% / 4h | 51m 51s | — | $1.7M | — |
| Short | KuCoin ARXUSDTM | 0.2153 | 0.0100 | get 0.0050% / 4h | 51m 51s | $756K | $892K | 20x |
BingX ARX-USDT
KuCoin ARXUSDTMFunding 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
- −$36.96
- Price spread: −0.375% → −0.121%
- −$25.37
- Slippage, 4 orders
- −$571.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$655.64
- Costs to cover
- 5.933%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 13 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, 11 min ago | 9.27 bp | 39.6 bp −$40 | 181.6 bp −$1,816 | 1146.2 bp −$114.6K | 1377.1 bp −$688.5K |
| Sell KuCoin live order book, 13 min ago | 11.90 bp | 252.5 bp −$253 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 ARXUSDT | +0.0100% | 4h | 0.2160 | −0.046% | $4.3M | $2.8M | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0100% | 4h | 0.2159 | −0.093% | $755K | $3.7M | 20x | as long as short |
| Gate ARX_USDT | +0.0100% | 4h | 0.2165 | +0.185% | $1.1M | $459K | 20x | as long as short |
| KuCoin ARXUSDTMshort | +0.0100% | 4h | 0.2153 | −0.375% | $756K | $892K | 20x | |
| Bitget ARXUSDT | +0.0100% | 4h | 0.2161 | 0.000% | $2.1M | $1.9M | 20x | as long as short |
| BloFin ARX-USDT | +0.0147% | 4h | 0.2151 | −0.463% | $248K | $45K | 20x | as long as short |
| BingX ARX-USDTlong | +0.0276% | 4h | 0.2161 | long leg | — | $1.7M | — | |
| MEXC ARX_USDT | +0.0302% | 4h | 0.2160 | −0.046% | $884K | $456K | 20x | as long as short |
| Binance ARXUSDT | +0.0303% | 4h | 0.2160 | −0.056% | $5.7M | $12.3M | 20x | as long as short |
| Aster ARXUSDT | +0.0602% | 4h | 0.2149 | −0.555% | $82K | $110K | 10x | as long as short |
Bybit ARXUSDT
OKX ARX-USDT-SWAP
Gate ARX_USDT
Bitget ARXUSDT
BloFin ARX-USDT
MEXC ARX_USDT
Binance ARXUSDT
Aster ARXUSDT