Funding you earn now, next payment 12:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.040%
Price spread now: KuCoin against BingX+0.087%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$357as in the Funding arb table
Net, price: spread back to 7d avg − costs−$321as in the Price arb table
costs, in and out, $10k−$3313.313% of the position
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 7 days−0.166%−$17 · spread now +0.087%, 7d avg −0.013%
=The price spread pays, funding is against you. KuCoin is 0.100% dearer against BingX than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of −0.013%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.260% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BANK-USDT | 0.03463 | 0.0128 | pay 0.0064% / 4h | 3h 37m | — | $6.9M | — |
| Short | KuCoin BANKUSDTM | 0.03466 | 0.0100 | get 0.0050% / 4h | 3h 37m | $1.2M | $187K | 50x |
BingX BANK-USDT
KuCoin BANKUSDTMFunding 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
- −$5.88
- Price spread: +0.087% → −0.013%
- $9.98
- Slippage, 4 orders
- −$309.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$327.25
- Costs to cover
- 3.313%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; KuCoin: live order book, 8 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, 16 min ago | 2.89 bp | 15.7 bp −$16 | 45.7 bp −$457 | 554.5 bp −$55.4K | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 12.98 bp | 159.3 bp −$159 | 596.5 bp −$5,965 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03463 | +0.010% | $56K | $97K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03464 | +0.023% | $7.5M | $31.1M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03472 | +0.260% | $3.0M | $6.5M | 20x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03469 | +0.173% | $725K | $1.3M | 10x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03462 | −0.029% | $2.5M | $485K | 20x | as long as short |
| KuCoin BANKUSDTMshort | +0.0100% | 4h | 0.03466 | +0.087% | $1.2M | $187K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03463 | 0.000% | $40K | $228K | 20x | as long as short |
| edgeX BANKUSDC | +0.0119% | 4h | 0.03467 | +0.104% | $1K | $247K | 5x | as long as short |
| Bitget BANKUSDT | +0.0128% | 4h | 0.03464 | +0.029% | $2.8M | $3.6M | 25x | as long as short |
| BingX BANK-USDTlong | +0.0128% | 4h | 0.03463 | long leg | — | $6.9M | — |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
Gate BANK_USDT
MEXC BANK_USDT
HTX BANK-USDT
edgeX BANKUSDC
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDT | +0.0340% | 4h | 0.03466 | +0.087% | $444K | $91K | 50x | as long as short |
BloFin BANK-USDT