Funding you earn now, next payment 08:00 UTC−0.2254%/8h= −246.8% APRnext payment −$11.27 per $10,000 · paid last 24h −0.165%
Price spread now: KuCoin against BingX+0.370%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$304as in the Price arb table
costs, in and out, $10k−$3383.385% of the position
Funding, last 6 days (all we have)−0.005%$0 on $10k
+Price spread, last 6 days (all we have)−0.377%−$38 · spread now +0.370%, 7d avg +0.020%
=The price spread pays, funding is against you. KuCoin is 0.350% dearer against BingX than usual: you sell high and buy low (spread +0.370% now, against its 7-day average of +0.020%): +$35 on $10k if it goes back. Holding the pair costs −$68 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 6 days (−0.005% in total) that is about 15 months.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVC-USDT | 0.02704 | 0.2692 | pay 0.1346% / 4h | 1h 01m | — | $2.4M | — |
| Short | KuCoin CVCUSDTM | 0.02714 | 0.0438 | get 0.0219% / 4h | 1h 01m | $1.3M | $427K | 30x |
BingX CVC-USDT
KuCoin CVCUSDTMFunding 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
- −$473.34
- Price spread: +0.370% → +0.020%
- $34.99
- Slippage, 4 orders
- −$316.5
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$776.84
- Costs to cover
- 3.385%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago | 5.55 bp | 16.9 bp −$17 | 56.4 bp −$564 | 692.3 bp −$69.2K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.68 bp | 268.7 bp −$269 | doesn't fit | doesn't fit | doesn't fit |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDT | +0.0100% | 4h | 0.02708 | +0.135% | $2.8M | $5.8M | 50x | as long as short |
| Gate CVC_USDT | +0.0100% | 4h | 0.02709 | +0.185% | $200K | $316K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02708 | +0.148% | $648K | $136K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02709 | +0.185% | $430K | $502K | 50x | as long as short |
| KuCoin CVCUSDTMshort | +0.0438% | 4h | 0.02714 | +0.370% | $1.3M | $427K | 30x | |
| BingX CVC-USDTlong | +0.2692% | 4h | 0.02704 | long leg | — | $2.4M | — | |
| Bybit CVCUSDT | +1.0269% | 1h | 0.02697 | −0.259% | $1.6M | $1.7M | 25x | as long as short |
| Variational Omni CVC | +1.0554% | 1h | 0.02702 | −0.073% | $2K | $1K | — | as long as short |
Binance CVCUSDT
Gate CVC_USDT
MEXC CVC_USDT
Bitget CVCUSDT
Bybit CVCUSDT
Variational Omni CVC