Funding you earn now, next payment 00:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.116%
Price spread now: KuCoin against BingX−0.084%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$794as in the Funding arb table
Net, price: spread back to 7d avg − costs−$748as in the Price arb table
costs, in and out, $10k−$7517.510% of the position
Funding, last 7 days−0.430%−$43 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.084%, 7d avg −0.109%
=The price spread pays, funding is against you. KuCoin is 0.025% dearer against BingX than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.109%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ARX-USDT | 0.2020 | 0.0392 | pay 0.0196% / 4h | 1h 58m | — | $1.6M | — |
| Short | KuCoin ARXUSDTM | 0.2018 | 0.0134 | get 0.0067% / 4h | 1h 58m | $728K | $652K | 20x |
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
- −$54.18
- Price spread: −0.084% → −0.109%
- $2.49
- Slippage, 4 orders
- −$728.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$802.68
- Costs to cover
- 7.510%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 15 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 | 9.92 bp | 41.1 bp −$41 | 208.8 bp −$2,088 | 1256.3 bp −$125.6K | 1509.5 bp −$754.8K |
| Sell KuCoin live order book, 15 min ago | 11.11 bp | 363.0 bp −$363 | doesn't fit | doesn't fit | doesn't fit |
ARX on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ARX_USDT | +0.0100% | 4h | 0.2024 | +0.198% | $1.0M | $428K | 20x | as long as short |
| KuCoin ARXUSDTMshort | +0.0134% | 4h | 0.2018 | −0.084% | $728K | $652K | 20x | |
| BloFin ARX-USDT | +0.0156% | 4h | 0.2016 | −0.198% | $238K | $51K | 20x | as long as short |
| OKX ARX-USDT-SWAP | +0.0173% | 4h | 0.2022 | +0.099% | $719K | $2.9M | 20x | as long as short |
| Bitget ARXUSDT | +0.0236% | 4h | 0.2026 | +0.302% | $1.9M | $1.7M | 20x | as long as short |
| Bybit ARXUSDT | +0.0297% | 4h | 0.2020 | 0.000% | $4.0M | $2.3M | 20x | as long as short |
| Binance ARXUSDT | +0.0379% | 4h | 0.2024 | +0.198% | $5.5M | $11.0M | 20x | as long as short |
| MEXC ARX_USDT | +0.0390% | 4h | 0.2020 | 0.000% | $867K | $399K | 20x | as long as short |
| BingX ARX-USDTlong | +0.0392% | 4h | 0.2020 | long leg | — | $1.6M | — | |
| Aster ARXUSDT | +0.0675% | 4h | 0.2019 | −0.064% | $101K | $72K | 10x | as long as short |
BingX ARX-USDT
KuCoin ARXUSDTM
Gate ARX_USDT
BloFin ARX-USDT
OKX ARX-USDT-SWAP
Bitget ARXUSDT
Bybit ARXUSDT
Binance ARXUSDT
MEXC ARX_USDT
Aster ARXUSDT