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 08:00 UTC−0.0026%/8h= −2.8% APRnext payment $0.13 per $10,000 · paid last 24h −0.083%
Price spread now: BingX against KuCoin+0.103%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1561.562% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.289%−$29 on $10k
Price spread, last 7 days−0.197%−$20 · spread now +0.103%, 7d avg +0.068%
Together, before fees−0.485%−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.035% dearer against KuCoin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.068%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.289% in total) that is about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BRUSDTM1.13540.0106pay 0.0053% / 4h3h 21m$5.0M$4.9M30x
ShortBingX BR-USDT1.13660.0080get 0.0040% / 4h3h 21m$5.8M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$5.46
Price spread: +0.103% → +0.068%
$3.48
Slippage, 4 orders
−$134.24
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$158.22
Costs to cover
1.562%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 14 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 KuCoin live order book, 2 min ago3.04 bp65.5 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 14 min ago3.11 bp18.6 bp −$1964.1 bp −$641451.7 bp −$45.2K1296.9 bp −$648.5K

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-USDTshort+0.0080%4h1.1366+0.103%$5.8M
Bybit BRUSDT+0.0100%4h1.1350−0.039%$10.9M$22.3M5xas long as short
Gate BR_USDT+0.0100%4h1.1356+0.012%$7.6M$8.1M20xas long as short
Bitget BRUSDT+0.0100%4h1.1371+0.144%$8.3M$10.5M10xas long as short
Variational Omni BR+0.0100%4h1.1354−0.006%$266K$243Kas long as short
SunX BR-USDT+0.0100%4h1.1379+0.220%$711K10xas long as short
HTX BR-USDT+0.0100%4h1.1397+0.374%$87K$238K20xas long as short
KuCoin BRUSDTMlong+0.0106%4h1.1354long leg$5.0M$4.9M30x
Aster BRUSDT+0.0384%4h1.1359+0.037%$661K$2.4M5xas long as short
Binance BRUSDT+0.0740%4h1.1370+0.138%$54.2M$136.2M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.0746%4h1.1379+0.214%$15.5M$6.5M100xas long as short