Funding you earn now, next payment 08:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.58 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.055%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2632.634% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now −0.055%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.094% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FLOCK-USDT | 0.07254 | 0.0216 | pay 0.0108% / 4h | 1h 50m | — | $6.7M | — |
| Short | KuCoin FLOCKUSDTM | 0.07250 | 0.0100 | get 0.0050% / 4h | 1h 50m | $1.2M | $804K | 20x |
BingX FLOCK-USDT
KuCoin FLOCKUSDTMFunding 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
- −$24.36
- Price spread: −0.055% → +0.039%
- −$9.4
- Slippage, 4 orders
- −$241.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$297.14
- Costs to cover
- 2.634%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 5 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, 2 min ago | 6.20 bp | 18.9 bp −$19 | 38.1 bp −$381 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 12.44 bp | 54.2 bp −$54 | 287.5 bp −$2,875 | doesn't fit | doesn't fit |
FLOCK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FLOCKUSDTMshort | +0.0100% | 4h | 0.07250 | −0.055% | $1.2M | $804K | 20x | |
| Bitget FLOCKUSDT | +0.0100% | 4h | 0.07256 | +0.028% | $1.2M | $2.2M | 20x | as long as short |
| Variational Omni FLOCK | +0.0100% | 4h | 0.07252 | −0.023% | $169K | $310K | — | as long as short |
| Bybit FLOCKUSDT | +0.0100% | 4h | 0.07247 | −0.096% | $3.3M | $13.2M | 20x | as long as short |
| Gate FLOCK_USDT | +0.0106% | 8h | 0.07248 | −0.083% | $756K | $1.7M | 50x | as long as short |
| BloFin FLOCK-USDT | +0.0183% | 4h | 0.07254 | 0.000% | $264K | $90K | 50x | as long as short |
| MEXC FLOCK_USDT | +0.0192% | 4h | 0.07257 | +0.041% | $315K | $278K | 100x | as long as short |
| Binance FLOCKUSDT | +0.0192% | 4h | 0.07254 | 0.000% | $5.6M | $39.2M | 50x | as long as short |
| BingX FLOCK-USDTlong | +0.0216% | 4h | 0.07254 | long leg | — | $6.7M | — | |
| OKX FLOCK-USDT-SWAP | +0.0236% | 4h | 0.07249 | −0.069% | $667K | $14.0M | 20x | as long as short |
Bitget FLOCKUSDT
Variational Omni FLOCK
Bybit FLOCKUSDT
Gate FLOCK_USDT
BloFin FLOCK-USDT
MEXC FLOCK_USDT
Binance FLOCKUSDT
OKX FLOCK-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster FLOCKUSDT | +0.1290% | 4h | 0.07260 | +0.083% | $1.6M | $3.7M | 5x | as long as short |
Aster FLOCKUSDT