Funding you earn now, next payment 04:00 UTC+0.1900%/8h= +208.1% APRnext payment +$9.50 per $10,000 · paid last 24h +0.644%
Price spread now: BingX against KuCoin−0.235%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$442as in the Price arb table
costs, in and out, $10k−$4264.261% of the position
Funding, last 7 days+1.346%+$135 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now −0.235%, 7d avg −0.074%
=Funding pays, the price is against you. BingX is 0.161% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.235% now, against its 7-day average of −0.074%). If the spread goes back, that is −$16 on $10k: about 7 hours of funding at the current rate (+$57 a day). At the pace of the last 7 days (+1.346% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOONUSDTM | 0.1954 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $1.8M | $3.2M | 50x |
| Short | BingX SOON-USDT | 0.1949 | 0.2000 | get 0.1000% / 4h | 3h 01m | — | $6.7M | — |
KuCoin SOONUSDTM
BingX SOON-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
- $399
- Price spread: −0.235% → −0.074%
- −$16.13
- Slippage, 4 orders
- −$404.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$43.24
- Costs to cover
- 4.261%
- Break-even
- 7.8 days
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 5 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, 6 min ago | 5.34 bp | 207.1 bp −$207 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.55 bp | 14.4 bp −$14 | 69.7 bp −$697 | 849.6 bp −$85.0K | 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 SOONUSDTMlong | +0.0100% | 4h | 0.1954 | long leg | $1.8M | $3.2M | 50x | |
| Binance SOONUSDT | +0.0291% | 4h | 0.1953 | −0.031% | $8.0M | $1.9M | 50x | as long as short |
| Extended SOON-USD | +0.0296% | 1h | 0.1955 | +0.065% | $7K | $198K | 5x | as long as short |
| OKX SOON-USDT-SWAP | +0.0403% | 4h | 0.1954 | +0.020% | $2.0M | $447K | 20x | as long as short |
| Kraken Futures PF_SOONUSD | +0.0534% | 1h | 0.1947 | −0.313% | $11K | $1K | 10x | as long as short |
| Aster SOONUSDT | +0.0973% | 4h | 0.1955 | +0.063% | $190K | $3K | 5x | as long as short |
| Gate SOON_USDT | +0.1032% | 4h | 0.1948 | −0.287% | $3.2M | $113K | 50x | as long as short |
| Bitget SOONUSDT | +0.1126% | 4h | 0.1953 | −0.031% | $9.1M | $244K | 25x | as long as short |
| Bybit SOONUSDT | +0.1865% | 4h | 0.1938 | −0.783% | $2.5M | $1.1M | 25x | as long as short |
| BingX SOON-USDTshort | +0.2000% | 4h | 0.1949 | −0.235% | — | $6.7M | — |
Binance SOONUSDT
Extended SOON-USD
OKX SOON-USDT-SWAP
Kraken Futures PF_SOONUSD
Aster SOONUSDT
Gate SOON_USDT
Bitget SOONUSDT
Bybit SOONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SOON | +0.2824% | 4h | 0.1947 | −0.356% | $240K | $20K | — | as long as short |
Variational Omni SOON