Funding you earn now, next payment 04:00 UTC+0.2173%/8h= +237.9% APRnext payment +$10.86 per $10,000 · paid last 24h +0.379%
Price spread now: KuCoin against BingX−0.553%7-day average −0.218% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$2682.680% of the position
Funding, last 7 days+2.262%+$226 on $10k
+Price spread, last 7 days+1.188%+$119 · spread now −0.553%, 7d avg −0.218%
=Funding pays, the price is against you. KuCoin is 0.334% cheaper against BingX than usual: you would sell low and buy high (spread −0.553% now, against its 7-day average of −0.218%). If the spread goes back, that is −$33 on $10k: about 12 hours of funding at the current rate (+$65 a day). At the pace of the last 7 days (+2.262% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX M-USDT | 1.4751 | 0.1721 | pay 0.0861% / 4h | 3h 03m | — | $2.4M | — |
| Short | KuCoin MUSDTM | 1.4669 | 0.3894 | get 0.1947% / 4h | 3h 03m | $1.4M | $4.1M | 10x |
BingX M-USDT
KuCoin MUSDTMFunding 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
- $456.29
- Price spread: −0.553% → −0.218%
- −$33.4
- Slippage, 4 orders
- −$246.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $154.88
- Costs to cover
- 2.680%
- Break-even
- 4.6 days
Slippage from BingX: live order book, 16 min ago; KuCoin: 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 BingX live order book, 16 min ago | 7.99 bp | 17.1 bp −$17 | 54.4 bp −$544 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 6.63 bp | 121.4 bp −$121 | doesn't fit | doesn't fit | doesn't fit |
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4733 | −0.122% | $4.6M | $2.0M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4711 | −0.271% | $2.0M | $901K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4405 | −2.347% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4812 | +0.414% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4828 | +0.522% | $2K | $655K | 20x | as long as short |
| Bitget MUSDT | +0.0258% | 4h | 1.4770 | +0.129% | $1.9M | $241K | 10x | as long as short |
| Aster MUSDT | +0.1446% | 4h | 1.4686 | −0.440% | $14K | $115K | 5x | as long as short |
| BingX M-USDTlong | +0.1721% | 4h | 1.4751 | long leg | — | $2.4M | — | |
| BloFin M-USDT | +0.1833% | 4h | 1.4823 | +0.488% | $364K | $438K | 10x | as long as short |
| MEXC M_USDT | +0.1850% | 4h | 1.4765 | +0.095% | $247K | $113K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Aster MUSDT
BloFin M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.1867% | 4h | 1.4752 | +0.007% | $5.7M | $3.8M | 10x | as long as short |
| KuCoin MUSDTMshort | +0.3894% | 4h | 1.4669 | −0.553% | $1.4M | $4.1M | 10x |
Binance MUSDT