Funding you earn now, next payment 04:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against BingX−0.009%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2082.084% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.009%, 7d avg −0.048%
=The price spread pays, funding is against you. KuCoin is 0.039% dearer against BingX than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.048%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.178%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4-USDT | 0.02173 | 0.0638 | pay 0.0319% / 4h | 3h 29m | — | $1.4M | — |
| Short | KuCoin 4USDTM | 0.02173 | 0.0586 | get 0.0293% / 4h | 3h 29m | $945K | $12.8M | 20x |
BingX 4-USDT
KuCoin 4USDTMFunding 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
- −$10.92
- Price spread: −0.009% → −0.048%
- $3.9
- Slippage, 4 orders
- −$186.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$215.4
- Costs to cover
- 2.084%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 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, 12 min ago | 30.14 bp | 51.8 bp −$52 | 106.2 bp −$1,062 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.61 bp | 36.3 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
4 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 4 | +0.0100% | 4h | 0.02172 | −0.059% | $50K | $8K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02172 | −0.055% | $2K | $1.1M | 20x | as long as short |
| Aster 4USDT | +0.0554% | 4h | 0.02170 | −0.137% | $248K | $95K | 5x | as long as short |
| KuCoin 4USDTMshort | +0.0586% | 4h | 0.02173 | −0.009% | $945K | $12.8M | 20x | |
| BingX 4-USDTlong | +0.0638% | 4h | 0.02173 | long leg | — | $1.4M | — | |
| MEXC 4_USDT | +0.0700% | 4h | 0.02173 | −0.009% | $1.9M | $845K | 100x | as long as short |
| Binance 4USDT | +0.0700% | 4h | 0.02174 | +0.055% | $8.4M | $11.2M | 20x | as long as short |
| Bybit 4USDT | +0.0861% | 4h | 0.02172 | −0.037% | $2.9M | $1.7M | 5x | as long as short |
| Gate 4_USDT | +0.1928% | 4h | 0.02179 | +0.253% | $596K | $243K | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
MEXC 4_USDT
Binance 4USDT
Bybit 4USDT
Gate 4_USDT