Settings8H · net · $10k
Funding arb · Price arb /

ESPORTS

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−1.382%−$138 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ESPORTS-USDT0.010320.1756pay 0.0878% / 4h1h 38m$1.4M
ShortKuCoin ESPORTSUSDTM0.010310.0100get 0.0050% / 4h1h 38m$774K$39K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago9.72 bp14.7 bp −$1544.2 bp −$442doesn't fitdoesn't fit
Sell KuCoin live order book, 41 min ago14.53 bp794.3 bp −$794doesn't fitdoesn't fitdoesn't fit

ESPORTS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ESPORTSUSDT+0.0100%4h0.01032−0.039%$1.8M$1.2M10xas long as short
KuCoin ESPORTSUSDTMshort+0.0100%4h0.01031−0.097%$774K$39K10x
Variational Omni ESPORTS+0.0100%4h0.01033+0.079%$31K$503as long as short
Gate ESPORTS_USDT+0.0528%4h0.01033+0.097%$371K$569K10xas long as short
Aster ESPORTSUSDT+0.1201%4h0.010320.000%$126K$90K5xas long as short
Binance ESPORTSUSDT+0.1715%4h0.01032−0.041%$5.8M$4.7M10xas long as short
MEXC ESPORTS_USDT+0.1728%4h0.01031−0.097%$1.4M$190K20xas long as short
BingX ESPORTS-USDTlong+0.1756%4h0.01032long leg$1.4M