Funding you earn now, next payment 04:00 UTC−0.0264%/8h= −28.9% APRnext payment −$1.32 per $10,000 · paid last 24h −0.243%
Price spread now: KuCoin against BingX+0.292%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1711.707% of the position
Funding, last 6 days (all we have)−0.022%−$2 on $10k
+Price spread, last 6 days (all we have)−0.292%−$29 · spread now +0.292%, 7d avg +0.013%
=The price spread pays, funding is against you. KuCoin is 0.279% dearer against BingX than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of +0.013%): +$28 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 6 days (−0.022% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.022% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.32 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 CVC-USDT | 0.02743 | 0.0364 | pay 0.0182% / 4h | 1h 29m | — | $2.4M | — |
| Short | KuCoin CVCUSDTM | 0.02751 | 0.0100 | get 0.0050% / 4h | 1h 29m | $1.4M | $417K | 30x |
BingX CVC-USDT
KuCoin CVCUSDTMFunding 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
- −$55.44
- Price spread: +0.292% → +0.013%
- $27.91
- Slippage, 4 orders
- −$148.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$198.21
- Costs to cover
- 1.707%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 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, 5 min ago | 5.48 bp | 20.3 bp −$20 | 69.1 bp −$691 | 764.0 bp −$76.4K | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.46 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
CVC on 8 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 CVC_USDT | −0.0042% | 4h | 0.02747 | +0.146% | $216K | $313K | 25x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02736 | −0.257% | $1K | $370 | — | as long as short |
| Binance CVCUSDT | +0.0100% | 4h | 0.02746 | +0.109% | $2.9M | $5.7M | 50x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02746 | +0.109% | $656K | $129K | 20x | as long as short |
| KuCoin CVCUSDTMshort | +0.0100% | 4h | 0.02751 | +0.292% | $1.4M | $417K | 30x | |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02747 | +0.146% | $449K | $466K | 50x | as long as short |
| BingX CVC-USDTlong | +0.0364% | 4h | 0.02743 | long leg | — | $2.4M | — | |
| Bybit CVCUSDT | +0.3399% | 1h | 0.02732 | −0.401% | $1.7M | $1.6M | 25x | as long as short |
Gate CVC_USDT
Variational Omni CVC
Binance CVCUSDT
MEXC CVC_USDT
Bitget CVCUSDT
Bybit CVCUSDT