Funding you earn now, next payment 08:00 UTC+0.2474%/8h= +270.9% APRnext payment +$12.37 per $10,000 · paid last 24h +0.134%
Price spread now: BingX against KuCoin−0.186%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 7 days+0.298%+$30 · spread now −0.186%, 7d avg +0.066%
=Funding pays, the price is against you. BingX is 0.252% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of +0.066%). If the spread goes back, that is −$25 on $10k: about 8 hours of funding at the current rate (+$74 a day). At the pace of the last 7 days (+0.388% in total) that is about 4.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.388% in total (about 20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.37 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 | KuCoin COTIUSDTM | 0.01454 | −0.3732 | get 0.1866% / 4h | 3h 47m | $1.8M | $2.3M | 50x |
| Short | BingX COTI-USDT | 0.01451 | −0.1258 | pay 0.0629% / 4h | 3h 47m | — | $1.6M | — |
KuCoin COTIUSDTM
BingX COTI-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
- $519.54
- Price spread: −0.186% → +0.066%
- −$25.2
- Slippage, 4 orders
- −$117.29
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $355.06
- Costs to cover
- 1.393%
- Break-even
- 2.2 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago | 6.88 bp | 44.8 bp −$45 | 597.1 bp −$5,971 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 5.52 bp | 19.8 bp −$20 | 54.4 bp −$544 | 278.1 bp −$27.8K | 407.6 bp −$203.8K |
COTI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COTI_USDT | −0.6790% | 4h | 0.01454 | 0.000% | $430K | $1.1M | 25x | as long as short |
| Binance COTIUSDT | −0.4155% | 4h | 0.01451 | −0.193% | $7.9M | $43.7M | 50x | as long as short |
| MEXC COTI_USDT | −0.4120% | 4h | 0.01451 | −0.193% | $11.8M | $2.2M | 50x | as long as short |
| Aster COTIUSDT | −0.3989% | 4h | 0.01451 | −0.184% | $9K | $346K | 5x | as long as short |
| KuCoin COTIUSDTMlong | −0.3732% | 4h | 0.01454 | long leg | $1.8M | $2.3M | 50x | |
| BloFin COTI-USDT | −0.2885% | 4h | 0.01451 | −0.186% | $439K | $640K | 50x | as long as short |
| Bitget COTIUSDT | −0.2316% | 4h | 0.01452 | −0.138% | $3.3M | $3.3M | 50x | as long as short |
| Bybit COTIUSDT | −0.1814% | 8h | 0.01451 | −0.220% | $3.7M | $9.5M | 50x | as long as short |
| BingX COTI-USDTshort | −0.1258% | 4h | 0.01451 | −0.186% | — | $1.6M | — | |
| Variational Omni COTI | −0.0794% | 8h | 0.01451 | −0.193% | $29K | $39K | — | as long as short |
Gate COTI_USDT
Binance COTIUSDT
MEXC COTI_USDT
Aster COTIUSDT
BloFin COTI-USDT
Bitget COTIUSDT
Bybit COTIUSDT
Variational Omni COTI