Funding you earn now, next payment 12:00 UTC−0.0218%/8h= −23.9% APRnext payment −$1.09 per $10,000 · paid last 24h +0.193%
Price spread now: BingX against KuCoin−0.181%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs+$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
Funding, last 7 days+2.112%+$211 on $10k
+Price spread, last 7 days+0.181%+$18 · spread now −0.181%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.156% cheaper against KuCoin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.112%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CVCUSDTM | 0.02765 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $1.3M | $452K | 30x |
| Short | BingX CVC-USDT | 0.02760 | −0.0118 | pay 0.0059% / 4h | 1h 27m | — | $2.4M | — |
KuCoin CVCUSDTM
BingX CVC-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
- −$45.78
- Price spread: −0.181% → −0.024%
- −$15.64
- Slippage, 4 orders
- −$96.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$180.15
- Costs to cover
- 1.187%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 14 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, 11 min ago | 3.62 bp | 31.5 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 5.43 bp | 18.8 bp −$19 | 56.1 bp −$561 | 791.0 bp −$79.1K | 1334.6 bp −$667.3K |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.1292% | 4h | 0.02761 | −0.145% | $185K | $314K | 25x | as long as short |
| Bybit CVCUSDT | −0.0742% | 1h | 0.02757 | −0.289% | $1.6M | $1.7M | 25x | as long as short |
| Variational Omni CVC | −0.0328% | 1h | 0.02758 | −0.259% | $2K | $1K | — | as long as short |
| Bitget CVCUSDT | −0.0308% | 4h | 0.02761 | −0.145% | $415K | $741K | 50x | as long as short |
| Binance CVCUSDT | −0.0291% | 4h | 0.02762 | −0.108% | $2.8M | $5.9M | 50x | as long as short |
| MEXC CVC_USDT | −0.0290% | 4h | 0.02761 | −0.145% | $715K | $149K | 20x | as long as short |
| BingX CVC-USDTshort | −0.0118% | 4h | 0.02760 | −0.181% | — | $2.4M | — | |
| KuCoin CVCUSDTMlong | +0.0100% | 4h | 0.02765 | long leg | $1.3M | $452K | 30x |
Gate CVC_USDT
Bybit CVCUSDT
Variational Omni CVC
Bitget CVCUSDT
Binance CVCUSDT
MEXC CVC_USDT