Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.051%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$341as in the Price arb table
costs, in and out, $10k−$3403.402% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.051%, 7d avg −0.043%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin WUSDTM | 0.01188 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $397K | $192K | 50x |
| Short | BingX W-USDT | 0.01187 | 0.0100 | get 0.0050% / 4h | 1h 26m | — | $6.7M | — |
KuCoin WUSDTM
BingX W-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: −0.051% → −0.043%
- −$0.78
- Slippage, 4 orders
- −$318.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$341.02
- Costs to cover
- 3.402%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 16 min ago; BingX: live order book, 6 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, 16 min ago | 12.56 bp | 154.4 bp −$154 | 479.8 bp −$4,798 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.65 bp | 25.1 bp −$25 | 59.6 bp −$596 | 517.7 bp −$51.8K | 1095.0 bp −$547.5K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01187 | −0.093% | $14K | $4K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.768% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01189 | +0.084% | $2.0M | $287K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01188 | +0.039% | $3.0M | $5.4M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01186 | −0.152% | $4.2M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01188 | 0.000% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01183 | −0.446% | $429K | $234K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01188 | +0.017% | $12.4M | $1.4M | 50x | as long as short |
| KuCoin WUSDTMlong | +0.0100% | 4h | 0.01188 | long leg | $397K | $192K | 50x | |
| Bitget WUSDT | +0.0100% | 4h | 0.01189 | +0.084% | $1.3M | $576K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTshort | +0.0100% | 4h | 0.01187 | −0.051% | — | $6.7M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01183 | −0.379% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01186 | −0.196% | $125K | $383K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01187 | −0.118% | $60K | $145K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0304% | 1h | 0.01196 | +0.682% | $14K | $13K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0858% | 1h | 0.01188 | −0.008% | $44K | $39K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1548% | 1h | 0.01189 | +0.065% | $148K | $188K | 20x | as long as short |
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD