Funding you earn now, next payment 08:00 UTC−0.1196%/8h= −131.0% APRnext payment −$5.98 per $10,000 · paid last 24h −0.722%
Price spread now: KuCoin against BingX+0.144%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$868as in the Funding arb table
Net, price: spread back to 7d avg − costs−$719as in the Price arb table
costs, in and out, $10k−$7267.257% of the position
Funding, last 7 days−1.422%−$142 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.144%, 7d avg +0.080%
=The price spread pays, funding is against you. KuCoin is 0.063% dearer against BingX than usual: you sell high and buy low (spread +0.144% now, against its 7-day average of +0.080%): +$6 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOON-USDT | 0.1951 | 0.1296 | pay 0.0648% / 4h | 1h 27m | — | $6.7M | — |
| Short | KuCoin SOONUSDTM | 0.1954 | 0.0100 | get 0.0050% / 4h | 1h 27m | $1.8M | $3.5M | 50x |
BingX SOON-USDT
KuCoin SOONUSDTMFunding 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
- −$251.16
- Price spread: +0.144% → +0.080%
- $6.31
- Slippage, 4 orders
- −$703.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$970.55
- Costs to cover
- 7.257%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 10 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, 5 min ago | 7.69 bp | 20.2 bp −$20 | 69.6 bp −$696 | 817.5 bp −$81.7K | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 3.58 bp | 377.5 bp −$378 | 715.7 bp −$7,157 | doesn't fit | doesn't fit |
SOON 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 SOONUSDTMshort | +0.0100% | 4h | 0.1954 | +0.144% | $1.8M | $3.5M | 50x | |
| Kraken Futures PF_SOONUSD | +0.0258% | 1h | 0.1949 | −0.080% | $11K | $3K | 10x | as long as short |
| Binance SOONUSDT | +0.0279% | 4h | 0.1954 | +0.154% | $8.0M | $2.0M | 50x | as long as short |
| Extended SOON-USD | +0.0280% | 1h | 0.1954 | +0.128% | $7K | $188K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0501% | 4h | 0.1953 | +0.103% | $2.0M | $510K | 20x | as long as short |
| Gate SOON_USDT | +0.0694% | 4h | 0.1950 | −0.051% | $3.2M | $144K | 50x | as long as short |
| Aster SOONUSDT | +0.0810% | 4h | 0.1951 | +0.020% | $190K | $3K | 5x | as long as short |
| Variational Omni SOON | +0.0893% | 4h | 0.1945 | −0.325% | $240K | $21K | — | as long as short |
| Bitget SOONUSDT | +0.0990% | 4h | 0.1953 | +0.103% | $9.2M | $303K | 25x | as long as short |
| BingX SOON-USDTlong | +0.1296% | 4h | 0.1951 | long leg | — | $6.7M | — |
Kraken Futures PF_SOONUSD
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Gate SOON_USDT
Aster SOONUSDT
Variational Omni SOON
Bitget SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOONUSDT | +0.1409% | 4h | 0.1943 | −0.384% | $2.5M | $1.2M | 25x | as long as short |
Bybit SOONUSDT