Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h +0.499%
Price spread now: BingX against KuCoin−0.160%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2172.174% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 7 days+0.125%+$12 · spread now −0.160%, 7d avg −0.076%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.084% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.076%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.407%, 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 ESPUSDTM | 0.09373 | 0.0100 | pay 0.0050% / 4h | 1h 06m | $1.5M | $46K | 25x |
| Short | BingX ESP-USDT | 0.09358 | 0.0036 | get 0.0018% / 4h | 1h 06m | — | $1.7M | — |
KuCoin ESPUSDTM
BingX ESP-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
- −$13.44
- Price spread: −0.160% → −0.076%
- −$8.41
- Slippage, 4 orders
- −$195.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$239.28
- Costs to cover
- 2.174%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; BingX: 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 KuCoin live order book, 9 min ago | 13.30 bp | 81.4 bp −$81 | 791.0 bp −$7,910 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 6.40 bp | 25.5 bp −$25 | 67.8 bp −$678 | 675.9 bp −$67.6K | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDTshort | +0.0036% | 4h | 0.09358 | −0.160% | — | $1.7M | — | |
| BloFin ESP-USDT | +0.0072% | 4h | 0.09365 | −0.085% | $123K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09372 | −0.008% | $6K | $26K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09363 | −0.107% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09362 | −0.117% | $591K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09371 | −0.021% | $175K | $609K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09362 | −0.117% | $1.3M | $121K | 20x | as long as short |
| KuCoin ESPUSDTMlong | +0.0100% | 4h | 0.09373 | long leg | $1.5M | $46K | 25x | |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09373 | +0.004% | $942K | $133K | 20x | as long as short |
| edgeX ESPUSDC | +0.0110% | 4h | 0.09372 | −0.012% | $29K | $267K | 10x | as long as short |
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0570% | 4h | 0.09358 | −0.160% | $1.1M | $616K | 50x | as long as short |
Bybit ESPUSDT