Funding you earn now, next payment 08:00 UTC−0.0402%/8h= −44.0% APRnext payment −$2.01 per $10,000 · paid last 24h −0.066%
Price spread now: KuCoin against BingX−0.055%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$846as in the Funding arb table
Net, price: spread back to 7d avg − costs−$824as in the Price arb table
costs, in and out, $10k−$8198.188% of the position
Funding, last 7 days−0.273%−$27 on $10k
+Price spread, last 7 days−0.214%−$21 · spread now −0.055%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.055% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.273% in total (about -14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B-USDT | 0.2000 | 0.0502 | pay 0.0251% / 4h | 2h 27m | — | $1.3M | — |
| Short | KuCoin BUSDTM | 0.1999 | 0.0100 | get 0.0050% / 4h | 2h 27m | $1.8M | $80K | 10x |
BingX B-USDT
KuCoin BUSDTMFunding 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
- −$84.42
- Price spread: −0.055% → 0.000%
- −$5.49
- Slippage, 4 orders
- −$796.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$908.7
- Costs to cover
- 8.188%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 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, 13 min ago | 32.49 bp | 59.9 bp −$60 | 216.1 bp −$2,161 | 900.6 bp −$90.1K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 17.01 bp | 240.4 bp −$240 | doesn't fit | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.1998 | −0.125% | $1.8M | $950K | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.1996 | −0.200% | $3.4M | $631K | 20x | as long as short |
| KuCoin BUSDTMshort | +0.0100% | 4h | 0.1999 | −0.055% | $1.8M | $80K | 10x | |
| BloFin B-USDT | +0.0350% | 4h | 0.2005 | +0.250% | $596K | $37K | 20x | as long as short |
| edgeX BUSDC | +0.0361% | 4h | 0.2004 | +0.187% | $3K | $387K | 5x | as long as short |
| Extended B-USD | +0.0368% | 1h | 0.1999 | −0.047% | $15K | $198K | 5x | as long as short |
| MEXC B_USDT | +0.0370% | 4h | 0.1999 | −0.050% | $964K | $376K | 100x | as long as short |
| Binance BUSDT | +0.0370% | 4h | 0.2001 | +0.030% | $11.6M | $2.0M | 20x | as long as short |
| BingX B-USDTlong | +0.0502% | 4h | 0.2000 | long leg | — | $1.3M | — | |
| Bitget BUSDT | +0.0526% | 4h | 0.1999 | −0.050% | $2.7M | $317K | 10x | as long as short |
Bybit BUSDT
Gate B_USDT
BloFin B-USDT
edgeX BUSDC
Extended B-USD
MEXC B_USDT
Binance BUSDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1021% | 4h | 0.2001 | +0.044% | $1.9M | $224K | 5x | as long as short |
Aster BUSDT