Funding you earn now, next payment 08:00 UTC−0.1656%/8h= −181.3% APRnext payment −$8.28 per $10,000 · paid last 24h +0.055%
Price spread now: KuCoin against BingX−0.097%7-day average −0.239% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,586as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,476as in the Price arb table
costs, in and out, $10k−$1,49014.897% of the position
Funding, last 7 days−0.960%−$96 on $10k
+Price spread, last 4 days (all we have)−0.422%−$42 · spread now −0.097%, 7d avg −0.239%
=The price spread pays, funding is against you. KuCoin is 0.142% dearer against BingX than usual: you sell high and buy low (spread −0.097% now, against its 7-day average of −0.239%): +$14 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.960% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.960% in total (about -50.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.28 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 ESPORTS-USDT | 0.01032 | 0.1756 | pay 0.0878% / 4h | 1h 38m | — | $1.4M | — |
| Short | KuCoin ESPORTSUSDTM | 0.01031 | 0.0100 | get 0.0050% / 4h | 1h 38m | $774K | $39K | 10x |
Funding 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
- −$347.76
- Price spread: −0.097% → −0.239%
- $14.17
- Slippage, 4 orders
- −$1,467.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,823.34
- Costs to cover
- 14.897%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 41 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, 8 min ago | 9.72 bp | 14.7 bp −$15 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 41 min ago | 14.53 bp | 794.3 bp −$794 | doesn't fit | doesn't fit | doesn't fit |
ESPORTS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPORTSUSDT | +0.0100% | 4h | 0.01032 | −0.039% | $1.8M | $1.2M | 10x | as long as short |
| KuCoin ESPORTSUSDTMshort | +0.0100% | 4h | 0.01031 | −0.097% | $774K | $39K | 10x | |
| Variational Omni ESPORTS | +0.0100% | 4h | 0.01033 | +0.079% | $31K | $503 | — | as long as short |
| Gate ESPORTS_USDT | +0.0528% | 4h | 0.01033 | +0.097% | $371K | $569K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.1201% | 4h | 0.01032 | 0.000% | $126K | $90K | 5x | as long as short |
| Binance ESPORTSUSDT | +0.1715% | 4h | 0.01032 | −0.041% | $5.8M | $4.7M | 10x | as long as short |
| MEXC ESPORTS_USDT | +0.1728% | 4h | 0.01031 | −0.097% | $1.4M | $190K | 20x | as long as short |
| BingX ESPORTS-USDTlong | +0.1756% | 4h | 0.01032 | long leg | — | $1.4M | — |
BingX ESPORTS-USDT
KuCoin ESPORTSUSDTM
Bybit ESPORTSUSDT
Variational Omni ESPORTS
Gate ESPORTS_USDT
Aster ESPORTSUSDT
Binance ESPORTSUSDT
MEXC ESPORTS_USDT