Funding you earn now, next payment 12:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.072%
Price spread now: BingX against KuCoin+0.044%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1201.196% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 7 days−0.157%−$16 · spread now +0.044%, 7d avg +0.075%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1943 | 0.0100 | pay 0.0050% / 4h | 1h 48m | $5.3M | $3.2M | 30x |
| Short | BingX BR-USDT | 1.1948 | 0.0080 | get 0.0040% / 4h | 1h 48m | — | $4.8M | — |
KuCoin BRUSDTM
BingX BR-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
- −$4.2
- Price spread: +0.044% → +0.075%
- −$3.05
- Slippage, 4 orders
- −$97.59
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$126.84
- Costs to cover
- 1.196%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 5 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, 2 min ago | 3.38 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.01 bp | 21.0 bp −$21 | 69.5 bp −$695 | 424.0 bp −$42.4K | doesn't fit |
BR on 11 exchanges
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-USDTshort | +0.0080% | 4h | 1.1948 | +0.044% | — | $4.8M | — | |
| Aster BRUSDT | +0.0100% | 4h | 1.1948 | +0.044% | $694K | $1.9M | 5x | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1933 | −0.082% | $11.9M | $15.9M | 5x | as long as short |
| KuCoin BRUSDTMlong | +0.0100% | 4h | 1.1943 | long leg | $5.3M | $3.2M | 30x | |
| Variational Omni BR | +0.0100% | 4h | 1.1959 | +0.136% | $289K | $257K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1973 | +0.256% | — | $673K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.2008 | +0.546% | $91K | $193K | 20x | as long as short |
| Bitget BRUSDT | +0.0252% | 4h | 1.1964 | +0.183% | $8.7M | $6.3M | 10x | as long as short |
| Gate BR_USDT | +0.0506% | 4h | 1.1958 | +0.127% | $7.9M | $6.7M | 20x | as long as short |
| Binance BRUSDT | +0.0670% | 4h | 1.1947 | +0.038% | $56.7M | $102.1M | 25x | as long as short |
Aster BRUSDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Gate BR_USDT
Binance BRUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0678% | 4h | 1.1950 | +0.059% | $16.3M | $4.7M | 100x | as long as short |
MEXC BR_USDT