Funding you earn now, next payment 08:00 UTC−0.0388%/8h= −42.5% APRnext payment −$1.94 per $10,000 · paid last 24h −0.142%
Price spread now: BingX against KuCoin−0.115%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$492as in the Price arb table
costs, in and out, $10k−$4914.909% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.115%, 7d avg −0.101%
=The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.94 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 | KuCoin EULUSDTM | 1.3923 | 0.0488 | pay 0.0244% / 4h | 51m 12s | $302K | $102K | 25x |
| Short | BingX EUL-USDT | 1.3907 | 0.0100 | get 0.0050% / 4h | 51m 12s | — | $6.6M | — |
KuCoin EULUSDTM
BingX EUL-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
- −$81.48
- Price spread: −0.115% → −0.101%
- −$1.4
- Slippage, 4 orders
- −$468.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$573.82
- Costs to cover
- 4.909%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 51 min ago; BingX: live order book, 16 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, 51 min ago | 7.41 bp | 199.2 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 3.26 bp | 35.2 bp −$35 | 116.9 bp −$1,169 | 823.4 bp −$82.3K | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EULUSDT | +0.0100% | 4h | 1.3895 | −0.200% | $36K | $14K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.3897 | −0.186% | $3.1M | $6.8M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.3902 | −0.151% | $1.6M | $1.5M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.3905 | −0.129% | $300K | $779K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.3899 | −0.172% | $464K | $143K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.3940 | +0.122% | $2.2M | $502K | 25x | as long as short |
| BingX EUL-USDTshort | +0.0100% | 4h | 1.3907 | −0.115% | — | $6.6M | — | |
| Variational Omni EUL | +0.0100% | 4h | 1.3872 | −0.367% | $11K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0110% | 4h | 1.3859 | −0.462% | $16K | $273K | 10x | as long as short |
| BloFin EUL-USDT | +0.0112% | 4h | 1.3906 | −0.122% | $294K | $10K | 25x | as long as short |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
Variational Omni EUL
edgeX EULUSDC
BloFin EUL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0309% | 4h | 1.3897 | −0.187% | $125K | $49K | 10x | as long as short |
| KuCoin EULUSDTMlong | +0.0488% | 4h | 1.3923 | long leg | $302K | $102K | 25x |
HTX EUL-USDT