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: KuCoin against BingX+0.027%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.027%, 7d avg +0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.025% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALGO-USDT | 0.1106 | 0.0100 | pay 0.0100% / 8h | 7h 01m | — | $3.3M | — |
| Short | KuCoin ALGOUSDTM | 0.1106 | 0.0100 | get 0.0100% / 8h | 7h 01m | $3.6M | $1.5M | 50x |
Funding 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
- $0
- Price spread: +0.027% → +0.052%
- −$2.47
- Slippage, 4 orders
- −$90.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$115.09
- Costs to cover
- 1.126%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: 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 BingX live order book, 3 min ago | 0.45 bp | 11.2 bp −$11 | 25.3 bp −$253 | 201.4 bp −$20.1K | 676.6 bp −$338.3K |
| Sell KuCoin live order book, 6 min ago | 8.05 bp | 44.6 bp −$45 | 255.1 bp −$2,551 | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0573% | 1h | 0.1105 | −0.077% | $821K | $1.1M | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0383% | 1h | 0.1105 | −0.090% | $100K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1114 | +0.696% | $87K | $273K | 50x | as long as short |
| Variational Omni ALGO | −0.0053% | 8h | 0.1105 | −0.130% | $60K | $12K | — | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1106 | +0.013% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.257% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1107 | +0.072% | $3.6M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1107 | +0.092% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.130% | $9.8M | $34.7M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1105 | −0.127% | $11.2M | $12.0M | 75x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1105 | −0.145% | $2.9M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1107 | +0.081% | $868K | $831K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1106 | −0.018% | $22.7M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTMshort | +0.0100% | 8h | 0.1106 | +0.027% | $3.6M | $1.5M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1106 | −0.009% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDTlong | +0.0100% | 8h | 0.1106 | long leg | — | $3.3M | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1109 | +0.217% | $60K | $142K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1105 | −0.133% | $8K | $233K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0158% | 8h | 0.1109 | +0.262% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1106 | −0.009% | $492K | $762K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0313% | 1h | 0.1106 | +0.003% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1509% | 1h | 0.1107 | +0.078% | $159K | $3K | 5x | as long as short |
BingX ALGO-USDT
KuCoin ALGOUSDTM
Kraken Futures PF_ALGOUSD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Variational Omni ALGO
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
Bitget ALGOUSDT
HTX ALGO-USDT
Extended ALGO-USD
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]