Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.101%
Price spread now: KuCoin against BingX−0.135%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1721.721% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days+0.200%+$20 · spread now −0.135%, 7d avg −0.064%
=Funding pays, the price is against you. KuCoin is 0.071% cheaper against BingX than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.064%). If the spread goes back, that is −$7 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.311% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BR-USDT | 1.0965 | 0.0080 | pay 0.0040% / 4h | 3h 04m | — | $6.2M | — |
| Short | KuCoin BRUSDTM | 1.0950 | 0.0100 | get 0.0050% / 4h | 3h 04m | $4.7M | $5.2M | 30x |
BingX BR-USDT
KuCoin BRUSDTMFunding 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
- $4.2
- Price spread: −0.135% → −0.064%
- −$7.07
- Slippage, 4 orders
- −$150.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$175.02
- Costs to cover
- 1.721%
- Break-even
- 298.7 days
Slippage from BingX: live order book, 15 min ago; KuCoin: live order book, 3 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, 15 min ago | 2.81 bp | 19.8 bp −$20 | 69.7 bp −$697 | 642.9 bp −$64.3K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 5.75 bp | 96.1 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTlong | +0.0080% | 4h | 1.0965 | long leg | — | $6.2M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.0940 | −0.224% | $10.5M | $25.9M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.0932 | −0.300% | $7.3M | $8.8M | 20x | as long as short |
| KuCoin BRUSDTMshort | +0.0100% | 4h | 1.0950 | −0.135% | $4.7M | $5.2M | 30x | |
| Variational Omni BR | +0.0100% | 4h | 1.0926 | −0.358% | $257K | $295K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.0989 | +0.219% | — | $720K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.0954 | −0.100% | $83K | $246K | 20x | as long as short |
| Bitget BRUSDT | +0.0216% | 4h | 1.0957 | −0.069% | $8.0M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0492% | 4h | 1.0962 | −0.027% | $657K | $2.9M | 5x | as long as short |
| Binance BRUSDT | +0.1131% | 4h | 1.0962 | −0.026% | $52.4M | $162.3M | 25x | as long as short |
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1132% | 4h | 1.0955 | −0.090% | $15.0M | $7.5M | 100x | as long as short |
MEXC BR_USDT