Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against KuCoin+0.042%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1711.715% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.042%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.040% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHFIUSDTM | 0.7108 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $1.2M | $260K | 50x |
| Short | BingX ETHFI-USDC | 0.7111 | 0.0100 | get 0.0050% / 4h | 1h 54m | — | $1.2M | — |
KuCoin ETHFIUSDTM
BingX ETHFI-USDCFunding 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
- $0
- Price spread: +0.042% → +0.003%
- $3.97
- Slippage, 4 orders
- −$149.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$167.5
- Costs to cover
- 1.715%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 6 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, 1 min ago | 11.24 bp | 68.0 bp −$68 | 166.7 bp −$1,667 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 2.10 bp | 25.5 bp −$26 | 97.0 bp −$970 | 537.0 bp −$53.7K | 691.1 bp −$345.6K |
ETHFI on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0312% | 1h | 0.7117 | +0.127% | $40K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0203% | 4h | 0.7111 | +0.042% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0078% | 4h | 0.7111 | +0.042% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.857% | $321 | $51K | 5.5x | as long as short |
| Variational Omni ETHFI | +0.0043% | 4h | 0.7161 | +0.750% | $1.1M | $714K | — | as long as short |
| Paradex ETHFI-USD-PERP | +0.0063% | 8h | 0.7105 | −0.042% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7122 | +0.191% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7112 | +0.051% | $17.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7116 | +0.113% | $182K | $257K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7108 | 0.000% | $24.8M | $35.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Variational Omni ETHFI
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7111 | +0.042% | $17.9M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7116 | +0.113% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7113 | +0.070% | $1.7M | $1.9M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7111 | +0.042% | $15.4M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTMlong | +0.0100% | 4h | 0.7108 | long leg | $1.2M | $260K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7107 | −0.014% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.7111 | +0.042% | — | $1.2M | — | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7117 | +0.127% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7106 | −0.027% | $100K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7112 | +0.061% | $8K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0307% | 1h | 0.7120 | +0.168% | $270K | $198K | 20x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0386% | 1h | 0.7133 | +0.345% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +2.040% | $32K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
Bitget ETHFIUSDT
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX