Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against KuCoin−0.057%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1711.715% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.057%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.059% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.6979 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $1.2M | $215K | 50x |
| Short | BingX ETHFI-USDC | 0.6975 | 0.0100 | get 0.0050% / 4h | 3h 40m | — | $1.2M | — |
KuCoin ETHFIUSDTM
BingX ETHFI-USDCFunding 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
- $0
- Price spread: −0.057% → +0.002%
- −$5.92
- Slippage, 4 orders
- −$149.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$177.39
- Costs to cover
- 1.715%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 4 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, 4 min ago | 7.86 bp | 59.3 bp −$59 | 182.9 bp −$1,829 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.43 bp | 31.8 bp −$32 | 105.2 bp −$1,052 | 604.5 bp −$60.4K | 840.8 bp −$420.4K |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0466% | 1h | 0.6974 | −0.072% | $41K | $12K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0313% | 4h | 0.6974 | −0.072% | $17.1M | $13.0M | 25x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0279% | 4h | 0.6971 | −0.115% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0273% | 4h | 0.6973 | −0.081% | $929K | $795K | — | as long as short |
| HTX ETHFI-USDT | −0.0146% | 4h | 0.6974 | −0.072% | $83K | $149K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0107% | 8h | 0.6977 | −0.023% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDT | +0.0012% | 4h | 0.6970 | −0.129% | $15.8M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0014% | 4h | 0.6970 | −0.128% | $24.4M | $36.1M | 75x | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.6967 | −0.170% | $95K | $505K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.740% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Bybit ETHFIUSDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDT | +0.0055% | 4h | 0.6982 | +0.043% | $1.2M | $233K | 75x | as long as short |
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6970 | −0.129% | $8K | — | 3x | as long as short |
| Aster ETHFIUSDT | +0.0088% | 4h | 0.6983 | +0.053% | $179K | $230K | 10x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6984 | +0.077% | $1.1M | $828K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6980 | +0.013% | $16.7M | $8.7M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6974 | −0.072% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6980 | +0.014% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.6979 | long leg | $1.2M | $215K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6972 | −0.100% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.6975 | −0.057% | — | $1.2M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6984 | +0.072% | $53K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6988 | +0.129% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.7020 | +0.587% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0864% | 1h | 0.6992 | +0.191% | $294K | $287K | 20x | as long as short |
BloFin ETHFI-USDT
Aevo ETHFI-PERP
Aster ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD