Settings8H · net · $10k
Funding arb · Price arb /

ACU

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0476%/8h= +52.1% APRnext payment +$2.38 per $10,000 · paid last 24h +0.097%
Price spread now: BingX against KuCoin+0.108%7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,901as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,932as in the Price arb table
costs, in and out, $10k−$1,92119.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.199%+$20 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.108%, 7d avg +0.228%
Together, before fees+0.245%+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.119% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.108% now, against its 7-day average of +0.228%). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.199% in total) that is about 4.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.199% in total (about 10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ACUUSDTM0.12000.0100pay 0.0050% / 4h3h 31m$554K$30K10x
ShortBingX ACU-USDT0.12010.0576get 0.0288% / 4h3h 31m$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$99.96
Price spread: +0.108% → +0.228%
−$11.92
Slippage, 4 orders
−$1,898.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,832.46
Costs to cover
19.205%
Break-even
135.3 days
Slippage from KuCoin: live order book, 11 min ago; BingX: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago20.04 bp923.2 bp −$923doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago6.66 bp61.7 bp −$62166.3 bp −$1,663988.3 bp −$98.8K1196.4 bp −$598.2K

ACU on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ACUUSDT+0.0100%4h0.1200+0.050%$822K$537K13xas long as short
OKX ACU-USDT-SWAP+0.0100%4h0.1200+0.033%$219K$275K10xas long as short
Gate ACU_USDT+0.0100%4h0.1200+0.050%$170K$15K10xas long as short
KuCoin ACUUSDTMlong+0.0100%4h0.1200long leg$554K$30K10x
SunX ACU-USDT+0.0100%4h0.1200+0.033%$2K$1.1M20xas long as short
Bitget ACUUSDT+0.0230%4h0.1205+0.425%$252K$237K10xas long as short
Aster ACUUSDT+0.0394%4h0.1201+0.097%$2K$5K5xas long as short
BloFin ACU-USDT+0.0555%4h0.1201+0.108%$120K$59K10xas long as short
MEXC ACU_USDT+0.0568%4h0.1201+0.158%$13.7M$343K50xas long as short
Binance ACUUSDT+0.0568%4h0.1201+0.108%$2.5M$1.4M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ACU-USDTshort+0.0576%4h0.1201+0.108%$1.3M