Funding you earn now, next payment 04:00 UTC−0.0337%/8h= −36.9% APRnext payment −$1.68 per $10,000 · paid last 24h −0.134%
Price spread now: KuCoin against BingX−0.125%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$852as in the Funding arb table
Net, price: spread back to 7d avg − costs−$850as in the Price arb table
costs, in and out, $10k−$8338.334% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.125%, 7d avg +0.043%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.168% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.187% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.68 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 DOS-USDT | 0.2161 | 0.0437 | pay 0.0218% / 4h | 1h 04m | — | $1.6M | — |
| Short | KuCoin DOSUSDTM | 0.2158 | 0.0100 | get 0.0050% / 4h | 1h 04m | $295K | $894K | 20x |
BingX DOS-USDT
KuCoin DOSUSDTMFunding 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
- −$70.73
- Price spread: −0.125% → +0.043%
- −$16.84
- Slippage, 4 orders
- −$811.42
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$920.99
- Costs to cover
- 8.334%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 40 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, 7 min ago | 9.22 bp | 27.4 bp −$27 | 85.5 bp −$855 | 1017.6 bp −$101.8K | 1337.4 bp −$668.7K |
| Sell KuCoin live order book, 40 min ago | 18.74 bp | 241.9 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
DOS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DOS_USDT | +0.0100% | 4h | 0.2160 | −0.046% | $176K | $165K | 20x | as long as short |
| KuCoin DOSUSDTMshort | +0.0100% | 4h | 0.2158 | −0.125% | $295K | $894K | 20x | |
| Bitget DOSUSDT | +0.0100% | 4h | 0.2162 | +0.037% | $209K | $294K | 10x | as long as short |
| HTX DOS-USDT | +0.0100% | 4h | 0.2166 | +0.231% | $15K | $370K | 10x | as long as short |
| Bybit DOSUSDT | +0.0183% | 4h | 0.2163 | +0.093% | $843K | $172K | 20x | as long as short |
| OKX DOS-USDT-SWAP | +0.0371% | 4h | 0.2162 | +0.046% | $1.2M | $2.1M | 20x | as long as short |
| Binance DOSUSDT | +0.0430% | 4h | 0.2161 | +0.012% | $2.2M | $2.5M | 20x | as long as short |
| BingX DOS-USDTlong | +0.0437% | 4h | 0.2161 | long leg | — | $1.6M | — | |
| MEXC DOS_USDT | +0.0438% | 4h | 0.2160 | −0.046% | $468K | $165K | 20x | as long as short |
| BloFin DOS-USDT | +0.0454% | 4h | 0.2161 | 0.000% | $112K | $22K | 20x | as long as short |
Gate DOS_USDT
Bitget DOSUSDT
HTX DOS-USDT
Bybit DOSUSDT
OKX DOS-USDT-SWAP
Binance DOSUSDT
MEXC DOS_USDT
BloFin DOS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOSUSDT | +0.0715% | 4h | 0.2161 | 0.000% | $6K | $11K | 5x | as long as short |
Aster DOSUSDT