Funding you earn now, next payment 08:00 UTC−0.0636%/8h= −69.6% APRnext payment −$3.18 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against BingX−0.087%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$410as in the Funding arb table
Net, price: spread back to 7d avg − costs−$392as in the Price arb table
costs, in and out, $10k−$3843.843% of the position
Funding, last 7 days−0.255%−$26 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now −0.087%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.074% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.255% in total (about -13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.18 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 BANK-USDT | 0.03457 | 0.0736 | pay 0.0368% / 4h | 1h 38m | — | $6.9M | — |
| Short | KuCoin BANKUSDTM | 0.03454 | 0.0100 | get 0.0050% / 4h | 1h 38m | $1.2M | $191K | 50x |
BingX BANK-USDT
KuCoin BANKUSDTMFunding 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
- −$133.56
- Price spread: −0.087% → −0.013%
- −$7.43
- Slippage, 4 orders
- −$362.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$525.29
- Costs to cover
- 3.843%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 6 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, 4 min ago | 2.88 bp | 9.4 bp −$9 | 24.3 bp −$243 | 458.7 bp −$45.9K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 13.00 bp | 111.6 bp −$112 | 738.9 bp −$7,389 | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03454 | −0.078% | $56K | $92K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03457 | 0.000% | $725K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03454 | −0.087% | $1.2M | $191K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03467 | +0.289% | $40K | $231K | 20x | as long as short |
| MEXC BANK_USDT | +0.0312% | 4h | 0.03460 | +0.087% | $2.5M | $491K | 20x | as long as short |
| Binance BANKUSDT | +0.0313% | 4h | 0.03457 | 0.000% | $7.6M | $31.4M | 50x | as long as short |
| edgeX BANKUSDC | +0.0345% | 4h | 0.03464 | +0.212% | $1K | $245K | 5x | as long as short |
| BloFin BANK-USDT | +0.0553% | 4h | 0.03463 | +0.174% | $445K | $90K | 50x | as long as short |
| Bybit BANKUSDT | +0.0650% | 4h | 0.03456 | −0.029% | $2.8M | $6.5M | 20x | as long as short |
| BingX BANK-USDTlong | +0.0736% | 4h | 0.03457 | long leg | — | $6.9M | — |
Aster BANKUSDT
Gate BANK_USDT
HTX BANK-USDT
MEXC BANK_USDT
Binance BANKUSDT
edgeX BANKUSDC
BloFin BANK-USDT
Bybit BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDT | +0.0742% | 4h | 0.03458 | +0.029% | $2.8M | $3.5M | 25x | as long as short |
Bitget BANKUSDT