Settings8H · net · $10k
Funding arb · Price arb /

BR

all BR markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.781%+$78 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BR-USDT1.10150.0080pay 0.0040% / 4h3h 27m$6.2M
ShortKuCoin BRUSDTM1.09700.0118get 0.0059% / 4h3h 27m$4.7M$5.4M30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago3.16 bp19.9 bp −$2082.4 bp −$824574.3 bp −$57.4Kdoesn't fit
Sell KuCoin live order book, 5 min ago4.54 bp61.7 bp −$62doesn't fitdoesn't fitdoesn't fit

BR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BR-USDTlong+0.0080%4h1.1015long leg$6.2M
Bybit BRUSDT+0.0100%4h1.1012−0.027%$10.7M$25.8M5xas long as short
Gate BR_USDT+0.0100%4h1.0970−0.409%$7.3M$8.8M20xas long as short
Variational Omni BR+0.0100%4h1.0962−0.479%$257K$296Kas long as short
SunX BR-USDT+0.0100%4h1.0953−0.567%$717K10xas long as short
HTX BR-USDT+0.0100%4h1.1004−0.098%$83K$248K20xas long as short
KuCoin BRUSDTMshort+0.0118%4h1.0970−0.405%$4.7M$5.4M30x
Bitget BRUSDT+0.0254%4h1.1046+0.281%$8.1M$12.5M10xas long as short
Aster BRUSDT+0.0485%4h1.0957−0.531%$661K$2.9M5xas long as short
Binance BRUSDT+0.1171%4h1.1026+0.104%$52.7M$162.3M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.1180%4h1.1039+0.220%$15.1M$7.4M100xas long as short