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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.1354 | 0.0106 | pay 0.0053% / 4h | 3h 21m | $5.0M | $4.9M | 30x |
| Short | BingX BR-USDT | 1.1366 | 0.0080 | get 0.0040% / 4h | 3h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 2 min ago | 3.04 bp | 65.5 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 3.11 bp | 18.6 bp −$19 | 64.1 bp −$641 | 451.7 bp −$45.2K | 1296.9 bp −$648.5K |
BR on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTshort | +0.0080% | 4h | 1.1366 | +0.103% | — | $5.8M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1350 | −0.039% | $10.9M | $22.3M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1356 | +0.012% | $7.6M | $8.1M | 20x | as long as short |
| Bitget BRUSDT | +0.0100% | 4h | 1.1371 | +0.144% | $8.3M | $10.5M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1354 | −0.006% | $266K | $243K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1379 | +0.220% | — | $711K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1397 | +0.374% | $87K | $238K | 20x | as long as short |
| KuCoin BRUSDTMlong | +0.0106% | 4h | 1.1354 | long leg | $5.0M | $4.9M | 30x | |
| Aster BRUSDT | +0.0384% | 4h | 1.1359 | +0.037% | $661K | $2.4M | 5x | as long as short |
| Binance BRUSDT | +0.0740% | 4h | 1.1370 | +0.138% | $54.2M | $136.2M | 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 | +0.0746% | 4h | 1.1379 | +0.214% | $15.5M | $6.5M | 100x | as long as short |
KuCoin BRUSDTM
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Aster BRUSDT
Binance BRUSDT
MEXC BR_USDT