Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.49 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against KuCoin−0.265%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$791as in the Funding arb table
Net, price: spread back to 7d avg − costs−$808as in the Price arb table
costs, in and out, $10k−$7907.904% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days+0.195%+$20 · spread now −0.265%, 7d avg −0.086%
=Funding pays, the price is against you. BingX is 0.179% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.265% now, against its 7-day average of −0.086%). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02262 | 0.0406 | pay 0.0406% / 8h | 5h 30m | $1.1M | $1.3M | 20x |
| Short | BingX BICO-USDT | 0.02256 | 0.0455 | get 0.0455% / 8h | 5h 30m | — | $1.7M | — |
KuCoin BICOUSDTM
BingX BICO-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
- $10.29
- Price spread: −0.265% → −0.086%
- −$17.89
- Slippage, 4 orders
- −$768.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$797.97
- Costs to cover
- 7.904%
- Break-even
- 549.8 days
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 16 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, 4 min ago | 6.64 bp | 568.9 bp −$569 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 6.68 bp | 17.4 bp −$17 | 40.3 bp −$403 | doesn't fit | doesn't fit |
BICO 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 BICOUSDT | +0.0100% | 8h | 0.02257 | −0.218% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02257 | −0.221% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02257 | −0.221% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02257 | −0.221% | $1.8M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02256 | −0.265% | $640K | $498K | 10x | as long as short |
| Variational Omni BICO | +0.0323% | 8h | 0.02256 | −0.246% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTMlong | +0.0406% | 8h | 0.02262 | long leg | $1.1M | $1.3M | 20x | |
| BingX BICO-USDTshort | +0.0455% | 8h | 0.02256 | −0.265% | — | $1.7M | — | |
| Bybit BICOUSDT | +0.0484% | 8h | 0.02258 | −0.177% | $2.4M | $3.8M | 20x | as long as short |
| Gate BICO_USDT | +0.0517% | 8h | 0.02256 | −0.265% | $381K | $339K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.7114% | 1h | 0.02274 | +0.549% | $37K | $56K | 20x | as long as short |
Kraken Futures PF_BICOUSD