Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.087%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,667as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,684as in the Price arb table
costs, in and out, $10k−$1,67816.784% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.087%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.054% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01381 | 0.0100 | pay 0.0050% / 4h | 43m 51s | $282K | $61K | 20x |
| Short | BingX USUAL-USDT | 0.01380 | 0.0100 | get 0.0050% / 4h | 43m 51s | — | $1.2M | — |
KuCoin USUALUSDTM
BingX USUAL-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
- $0
- Price spread: −0.087% → −0.033%
- −$5.42
- Slippage, 4 orders
- −$1,656.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,683.79
- Costs to cover
- 16.784%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 17 min ago; BingX: live order book, 11 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, 17 min ago | 7.32 bp | 1076.3 bp −$1,076 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.39 bp | 20.1 bp −$20 | 117.2 bp −$1,172 | 541.5 bp −$54.2K | 836.2 bp −$418.1K |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4582% | 1h | 0.01360 | −1.521% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0764% | 1h | 0.01377 | −0.275% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01379 | −0.145% | $397K | $203K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01378 | −0.253% | $2.1M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01380 | −0.058% | $1.0M | $830K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01380 | −0.072% | $933K | $212K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01377 | −0.297% | $6.0M | $246K | 100x | as long as short |
| KuCoin USUALUSDTMlong | +0.0100% | 4h | 0.01381 | long leg | $282K | $61K | 20x | |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01380 | −0.072% | $842K | $464K | 50x | as long as short |
| BingX USUAL-USDTshort | +0.0100% | 4h | 0.01380 | −0.087% | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01381 | −0.009% | $10K | $208 | — | as long as short |
Variational Omni USUAL