Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.102%
Price spread now: KuCoin against BingX+0.144%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$387as in the Price arb table
costs, in and out, $10k−$3953.953% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.144%, 7d avg +0.063%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.082% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CP-USDT | 0.01387 | 0.0070 | pay 0.0035% / 4h | 1h 52m | — | $1.0M | — |
| Short | KuCoin CPUSDTM | 0.01389 | 0.0100 | get 0.0050% / 4h | 1h 52m | $199K | $894K | 20x |
BingX CP-USDT
KuCoin CPUSDTMFunding 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
- $6.3
- Price spread: +0.144% → +0.063%
- $8.16
- Slippage, 4 orders
- −$373.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$380.81
- Costs to cover
- 3.953%
- Break-even
- 430.1 days
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 1 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, 7 min ago | 10.80 bp | 31.9 bp −$32 | 93.4 bp −$934 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 7.20 bp | 170.8 bp −$171 | doesn't fit | doesn't fit | doesn't fit |
CP on 7 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 CP-USDTlong | +0.0070% | 4h | 0.01387 | long leg | — | $1.0M | — | |
| Bybit CPUSDT | +0.0100% | 4h | 0.01385 | −0.144% | $1.4M | $2.4M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01388 | +0.072% | $3.9M | $10.9M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01386 | −0.072% | $583K | $513K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01385 | −0.144% | $1.5M | $357K | 20x | as long as short |
| KuCoin CPUSDTMshort | +0.0100% | 4h | 0.01389 | +0.144% | $199K | $894K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01386 | −0.087% | $788K | $1.5M | 20x | as long as short |
Bybit CPUSDT
OKX CP-USDT-SWAP
Gate CP_USDT
MEXC CP_USDT
Bitget CPUSDT