Funding you earn now, next payment 04:00 UTC−0.0637%/8h= −69.8% APRnext payment −$3.19 per $10,000 · paid last 24h +0.096%
Price spread now: KuCoin against BingX−0.292%7-day average −0.243% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,648as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,555as in the Price arb table
costs, in and out, $10k−$1,55015.501% of the position
Funding, last 7 days−0.979%−$98 on $10k
+Price spread, last 4 days (all we have)−0.536%−$54 · spread now −0.292%, 7d avg −0.243%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.243%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ESPORTS-USDT | 0.01028 | 0.1889 | pay 0.0945% / 4h | 1h 02m | — | $1.4M | — |
| Short | KuCoin ESPORTSUSDTM | 0.01025 | 0.1252 | get 0.0626% / 4h | 1h 02m | $774K | $42K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$133.81
- Price spread: −0.292% → −0.243%
- −$4.89
- Slippage, 4 orders
- −$1,528.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,688.8
- Costs to cover
- 15.501%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 31 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, 9 min ago | 4.84 bp | 27.6 bp −$28 | 147.2 bp −$1,472 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 31 min ago | 29.07 bp | 886.1 bp −$886 | doesn't fit | doesn't fit | doesn't fit |
ESPORTS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPORTSUSDT | +0.0121% | 4h | 0.01028 | 0.000% | $1.8M | $1.1M | 10x | as long as short |
| Variational Omni ESPORTS | +0.0539% | 4h | 0.01026 | −0.165% | $31K | $507 | — | as long as short |
| Gate ESPORTS_USDT | +0.0648% | 4h | 0.01028 | 0.000% | $367K | $573K | 10x | as long as short |
| KuCoin ESPORTSUSDTMshort | +0.1252% | 4h | 0.01025 | −0.292% | $774K | $42K | 10x | |
| Aster ESPORTSUSDT | +0.1380% | 4h | 0.01027 | −0.145% | $125K | $86K | 5x | as long as short |
| MEXC ESPORTS_USDT | +0.1826% | 4h | 0.01027 | −0.097% | $1.3M | $186K | 20x | as long as short |
| Binance ESPORTSUSDT | +0.1826% | 4h | 0.01027 | −0.139% | $5.7M | $4.6M | 10x | as long as short |
| BingX ESPORTS-USDTlong | +0.1889% | 4h | 0.01028 | long leg | — | $1.4M | — |
BingX ESPORTS-USDT
KuCoin ESPORTSUSDTM
Bybit ESPORTSUSDT
Variational Omni ESPORTS
Gate ESPORTS_USDT
Aster ESPORTSUSDT
MEXC ESPORTS_USDT
Binance ESPORTSUSDT