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

IO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin0.000%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1881.883% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now 0.000%, 7d avg −0.015%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin IOUSDTM0.15140.0100pay 0.0050% / 4h3h 51m$374K$672K50x
ShortBingX IO-USDT0.15140.0100get 0.0050% / 4h3h 51m$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.015%
$1.47
Slippage, 4 orders
−$166.33
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$186.86
Costs to cover
1.883%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 15 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 KuCoin live order book, 2 min ago6.60 bp77.4 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 15 min ago6.59 bp23.2 bp −$2367.7 bp −$677458.5 bp −$45.8K571.3 bp −$285.7K

IO on 14 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
BloFin IO-USDT+0.0068%4h0.1517+0.198%$194K$32K50xas long as short
Hyperliquid IO+0.0100%1h0.1516+0.159%$1.0M$386K3xas long as short
Aster IOUSDT+0.0100%4h0.1514+0.029%$6K$32K5xas long as short
Binance IOUSDT+0.0100%4h0.1515+0.066%$3.0M$6.6M50xas long as short
Bybit IOUSDT+0.0100%4h0.1513−0.066%$1.1M$902K25xas long as short
Gate IO_USDT+0.0100%4h0.1515+0.040%$241K$544K50xas long as short
MEXC IO_USDT+0.0100%4h0.15140.000%$1.2M$229K125xas long as short
KuCoin IOUSDTMlong+0.0100%4h0.1514long leg$374K$672K50x
Bitget IOUSDT+0.0100%4h0.1515+0.066%$1.3M$1.2M50xas long as short
BingX IO-USDTshort+0.0100%4h0.15140.000%$1.3M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni IO+0.0100%4h0.1513−0.049%$33K$8Kas long as short
Extended IO-USD+0.0104%1h0.1514+0.026%$906$173K5xas long as short
Injective IO/USDC PERP+0.0414%1h0.1517+0.198%$2K$2025.5xas long as short
Kraken Futures PF_IOUSD+0.0620%1h0.1522+0.538%$40K$18K10xas long as short