Funding you earn now, next payment 23:00 UTC−0.2104%/8h= −230.4% APRnext payment −$2.63 per $10,000 · paid last 24h −8.134%
Price spread now: KuCoin against BingX+5.646%7-day average +0.244% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,033as in the Funding arb table
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$8948.939% of the position
Funding, last 7 days−21.390%−$2,139 on $10k
+Price spread, last 7 days−8.412%−$841 · spread now +5.646%, 7d avg +0.244%
=The price spread pays, funding is against you. KuCoin is 5.402% dearer against BingX than usual: you sell high and buy low (spread +5.646% now, against its 7-day average of +0.244%): +$540 on $10k if it goes back. Holding the pair costs −$63 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−21.390% in total) that is about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004331 | −0.0144 | get 0.0018% / 1h | 5m 04s | — | $6.6M | — |
| Short | KuCoin ONEUSDTM | 0.004575 | −0.2248 | pay 0.0281% / 1h | 5m 04s | $5.1M | $13.0M | 30x |
BingX ONE-USDT
KuCoin ONEUSDTMFunding 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
- −$441.84
- Price spread: +5.646% → +0.244%
- $540.18
- Slippage, 4 orders
- −$871.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$795.61
- Costs to cover
- 8.939%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 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, 11 min ago | 3.46 bp | 13.8 bp −$14 | 41.8 bp −$418 | 392.5 bp −$39.3K | 1144.5 bp −$572.2K |
| Sell KuCoin live order book, 4 min ago | 9.78 bp | 343.6 bp −$344 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 ONE | −1.0841% | 1h | 0.004344 | +0.310% | $107K | $54K | — | as long as short |
| Bitget ONEUSDT | −0.4688% | 1h | 0.004337 | +0.139% | $1.9M | $37.5M | 20x | as long as short |
| BloFin ONE-USDT | −0.3663% | 1h | 0.004327 | −0.072% | $827K | $3.3M | 50x | as long as short |
| KuCoin ONEUSDTMshort | −0.2248% | 1h | 0.004575 | +5.646% | $5.1M | $13.0M | 30x | |
| Aster ONEUSDT | −0.1701% | 1h | 0.004327 | −0.091% | $2.3M | $8.5M | 5x | as long as short |
| Binance ONEUSDT | −0.1552% | 1h | 0.004335 | +0.113% | $14.5M | $361.2M | 50x | as long as short |
| MEXC ONE_USDT | −0.1552% | 1h | 0.004352 | +0.490% | $11.0M | $16.8M | 20x | as long as short |
| Gate ONE_USDT | −0.0439% | 8h | 0.004312 | −0.427% | $1.8M | $16.9M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0144% | 1h | 0.004331 | long leg | — | $6.6M | — |
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT