Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.088%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$885as in the Funding arb table
Net, price: spread back to 7d avg − costs−$884as in the Price arb table
costs, in and out, $10k−$8838.831% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.088%, 7d avg −0.081%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02261 | 0.0100 | pay 0.0100% / 8h | 44m 34s | $1.0M | $1.2M | 20x |
| Short | BingX BICO-USDT | 0.02259 | 0.0102 | get 0.0102% / 8h | 44m 34s | — | $1.7M | — |
KuCoin BICOUSDTM
BingX BICO-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
- $0.42
- Price spread: −0.088% → −0.081%
- −$0.71
- Slippage, 4 orders
- −$861.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$883.4
- Costs to cover
- 8.831%
- Break-even
- 14730.3 days
Slippage from KuCoin: live order book, 10 min ago; BingX: live order book, 2 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, 10 min ago | 4.42 bp | 225.7 bp −$226 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.21 bp | 31.9 bp −$32 | 58.7 bp −$587 | 654.9 bp −$65.5K | 1131.1 bp −$565.6K |
BICO 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 BICOUSDT | +0.0100% | 8h | 0.02254 | −0.306% | $94K | $18K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02254 | −0.308% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02256 | −0.221% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02252 | −0.398% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMlong | +0.0100% | 8h | 0.02261 | long leg | $1.0M | $1.2M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02254 | −0.310% | $651K | $457K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02257 | −0.161% | $16K | $5K | — | as long as short |
| BingX BICO-USDTshort | +0.0102% | 8h | 0.02259 | −0.088% | — | $1.7M | — | |
| Bybit BICOUSDT | +0.0111% | 8h | 0.02257 | −0.164% | $2.4M | $3.7M | 20x | as long as short |
| Gate BICO_USDT | +0.0288% | 8h | 0.02255 | −0.265% | $403K | $305K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.4130% | 1h | 0.02265 | +0.157% | $41K | $48K | 20x | as long as short |
Kraken Futures PF_BICOUSD