Funding you earn now, next payment 08:00 UTC+0.1796%/8h= +196.7% APRnext payment +$8.98 per $10,000 · paid last 24h +0.035%
Price spread now: BingX against KuCoin+0.058%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$433as in the Price arb table
costs, in and out, $10k−$4384.375% of the position
Funding, last 7 days+0.255%+$26 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.058%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and BingX is 0.044% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.255% in total (about 13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.98 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 | KuCoin BANKUSDTM | 0.03467 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $1.2M | $163K | 50x |
| Short | BingX BANK-USDT | 0.03469 | 0.1896 | get 0.0948% / 4h | 3h 42m | — | $6.9M | — |
KuCoin BANKUSDTM
BingX BANK-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $377.16
- Price spread: +0.058% → +0.013%
- $4.43
- Slippage, 4 orders
- −$415.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$55.92
- Costs to cover
- 4.375%
- Break-even
- 8.0 days
Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 10 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 KuCoin live order book, 3 min ago | 11.55 bp | 216.8 bp −$217 | 976.3 bp −$9,763 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.87 bp | 15.3 bp −$15 | 39.9 bp −$399 | 438.0 bp −$43.8K | 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 | 0.03466 | −0.036% | $54K | $97K | 5x | as long as short |
| KuCoin BANKUSDTMlong | +0.0100% | 4h | 0.03467 | long leg | $1.2M | $163K | 50x | |
| HTX BANK-USDT | +0.0100% | 4h | 0.03459 | −0.231% | $37K | $227K | 20x | as long as short |
| edgeX BANKUSDC | +0.0116% | 4h | 0.03473 | +0.165% | $1K | $246K | 5x | as long as short |
| MEXC BANK_USDT | +0.0120% | 4h | 0.03470 | +0.087% | $2.5M | $530K | 20x | as long as short |
| Binance BANKUSDT | +0.0121% | 4h | 0.03471 | +0.115% | $7.6M | $30.8M | 50x | as long as short |
| Gate BANK_USDT | +0.0264% | 4h | 0.03469 | +0.058% | $721K | $1.3M | 10x | as long as short |
| BloFin BANK-USDT | +0.0361% | 4h | 0.03472 | +0.144% | $447K | $77K | 50x | as long as short |
| Bitget BANKUSDT | +0.0660% | 4h | 0.03473 | +0.173% | $2.8M | $3.4M | 25x | as long as short |
| BingX BANK-USDTshort | +0.1896% | 4h | 0.03469 | +0.058% | — | $6.9M | — |
Aster BANKUSDT
HTX BANK-USDT
edgeX BANKUSDC
MEXC BANK_USDT
Binance BANKUSDT
Gate BANK_USDT
BloFin BANK-USDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANKUSDT | +0.1936% | 4h | 0.03472 | +0.144% | $2.9M | $6.4M | 20x | as long as short |
Bybit BANKUSDT