Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.2% APRnext payment −$1.30 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against BingX−0.120%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 7 days+0.148%+$15 · spread now −0.120%, 7d avg +0.019%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.139% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDC | 1.0037 | 0.0100 | pay 0.0100% / 8h | 5h 26m | — | $6.5M | — |
| Short | KuCoin FILUSDTM | 1.0025 | −0.0030 | pay 0.0030% / 8h | 5h 26m | $7.4M | $7.2M | 50x |
BingX FIL-USDC
KuCoin FILUSDTMFunding 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
- −$27.3
- Price spread: −0.120% → +0.019%
- −$13.89
- Slippage, 4 orders
- −$29.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$93.05
- Costs to cover
- 0.519%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 1 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, 9 min ago | 0.99 bp | 11.0 bp −$11 | 26.9 bp −$269 | 198.0 bp −$19.8K | 572.1 bp −$286.1K |
| Sell KuCoin live order book, 1 min ago | 3.49 bp | 12.4 bp −$12 | 39.2 bp −$392 | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0448% | 1h | 1.0024 | −0.130% | $172K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0025 | −0.120% | $379K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0025 | −0.119% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0064% | 8h | 1.0036 | −0.010% | $18.9M | $101.0M | 50x | as long as short |
| KuCoin FILUSDTMshort | −0.0030% | 8h | 1.0025 | −0.120% | $7.4M | $7.2M | 50x | |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0024 | −0.131% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0036 | −0.006% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.813% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0063% | 8h | 1.0037 | 0.000% | $58.5M | $178.4M | 75x | as long as short |
| Extended FIL-USD | +0.0064% | 1h | 1.0034 | −0.031% | $708K | $3.3M | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0083% | 8h | 1.0029 | −0.080% | $243K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0024 | −0.131% | $159K | $353K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0037 | 0.000% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0031 | −0.057% | $509K | $578K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0039 | +0.020% | $15.8M | $19.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0030 | −0.070% | $8.5M | $16.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0030 | −0.070% | $11.0M | $19.8M | 75x | as long as short |
| BingX FIL-USDClong | +0.0100% | 8h | 1.0037 | long leg | — | $6.5M | — | |
| Variational Omni FIL | +0.0100% | 8h | 1.0058 | +0.214% | $453K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0046 | +0.085% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0044 | +0.073% | $292K | $880K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0070 | +0.329% | $30K | $183K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0031 | −0.059% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0010 | −0.269% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0019 | −0.179% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0020 | −0.169% | $631K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0010 | −0.269% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0182% | 8h | 1.0030 | −0.070% | $2.7M | $637K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0025 | −0.120% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]