Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.101%
Price spread now: KuCoin against BingX−0.405%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1381.375% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 7 days+0.470%+$47 · spread now −0.405%, 7d avg −0.064%
=Funding pays, the price is against you. KuCoin is 0.341% cheaper against BingX than usual: you would sell low and buy high (spread −0.405% now, against its 7-day average of −0.064%). If the spread goes back, that is −$34 on $10k: about 30 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.311% in total) that is about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BR-USDT | 1.1015 | 0.0080 | pay 0.0040% / 4h | 3h 27m | — | $6.2M | — |
| Short | KuCoin BRUSDTM | 1.0970 | 0.0118 | get 0.0059% / 4h | 3h 27m | $4.7M | $5.4M | 30x |
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
- $7.98
- Price spread: −0.405% → −0.064%
- −$34.06
- Slippage, 4 orders
- −$115.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$163.61
- Costs to cover
- 1.375%
- Break-even
- 150.5 days
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 5 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, 8 min ago | 3.16 bp | 19.9 bp −$20 | 82.4 bp −$824 | 574.3 bp −$57.4K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.54 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTlong | +0.0080% | 4h | 1.1015 | long leg | — | $6.2M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1012 | −0.027% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.0970 | −0.409% | $7.3M | $8.8M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.0962 | −0.479% | $257K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.0953 | −0.567% | — | $717K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1004 | −0.098% | $83K | $248K | 20x | as long as short |
| KuCoin BRUSDTMshort | +0.0118% | 4h | 1.0970 | −0.405% | $4.7M | $5.4M | 30x | |
| Bitget BRUSDT | +0.0254% | 4h | 1.1046 | +0.281% | $8.1M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0485% | 4h | 1.0957 | −0.531% | $661K | $2.9M | 5x | as long as short |
| Binance BRUSDT | +0.1171% | 4h | 1.1026 | +0.104% | $52.7M | $162.3M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1180% | 4h | 1.1039 | +0.220% | $15.1M | $7.4M | 100x | as long as short |
BingX BR-USDT
KuCoin BRUSDTM
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
Binance BRUSDT
MEXC BR_USDT