Funding you earn now, next payment 04:00 UTC+0.0352%/8h= +38.5% APRnext payment +$1.76 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin+0.159%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$228as in the Price arb table
costs, in and out, $10k−$2402.403% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.159%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BingX is 0.123% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.76 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 NOTUSDTM | 0.0005033 | −0.0252 | get 0.0126% / 4h | 40m 16s | $466K | $127K | 50x |
| Short | BingX NOT-USDT | 0.0005041 | 0.0100 | get 0.0050% / 4h | 40m 16s | — | $8.8M | — |
KuCoin NOTUSDTM
BingX NOT-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
- $73.92
- Price spread: +0.159% → +0.036%
- $12.34
- Slippage, 4 orders
- −$218.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$154.01
- Costs to cover
- 2.403%
- Break-even
- 21.6 days
Slippage from KuCoin: live order book, 42 min ago; BingX: live order book, 13 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, 42 min ago | 14.77 bp | 91.4 bp −$91 | 565.8 bp −$5,658 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 5.95 bp | 26.1 bp −$26 | 83.1 bp −$831 | 629.9 bp −$63.0K | 1004.0 bp −$502.0K |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOT | −0.0387% | 4h | 0.0005028 | −0.108% | $71K | $39K | — | as long as short |
| KuCoin NOTUSDTMlong | −0.0252% | 4h | 0.0005033 | long leg | $466K | $127K | 50x | |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −3.159% | $1K | $13K | 5.5x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005050 | +0.332% | $11K | $4K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005040 | +0.139% | $357K | $57K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005041 | +0.159% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005043 | +0.195% | $2.1M | $3.0M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005034 | +0.020% | $2.1M | $849K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005038 | +0.099% | $629K | $650K | 20x | as long as short |
| Gate NOT_USDT | +0.0100% | 4h | 0.0005040 | +0.139% | $140K | $70K | 50x | as long as short |
Variational Omni NOT
Injective NOT/USDC PERP
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAP
Gate NOT_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005042 | +0.179% | $1.3M | $424K | 200x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005043 | +0.199% | $669K | $412K | 50x | as long as short |
| BingX NOT-USDTshort | +0.0100% | 4h | 0.0005041 | +0.159% | — | $8.8M | — | |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005042 | +0.170% | $4K | $491 | 5x | as long as short |
| BloFin NOT-USDT | +0.0140% | 4h | 0.0005034 | +0.020% | $111K | $16K | 50x | as long as short |
| Kraken Futures PF_NOTUSD | +0.1714% | 1h | 0.0005039 | +0.119% | $49K | $9K | 10x | as long as short |
MEXC NOT_USDT
Bitget NOTUSDT
Extended kNOT-USD
BloFin NOT-USDT
Kraken Futures PF_NOTUSD