Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin0.000%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,612as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,611as in the Price arb table
costs, in and out, $10k−$1,61216.118% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now 0.000%, 7d avg −0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INITUSDTM | 0.08375 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $324K | $64K | 25x |
| Short | BingX INIT-USDT | 0.08375 | 0.0100 | get 0.0050% / 4h | 2h 13m | — | $6.6M | — |
KuCoin INITUSDTM
BingX INIT-USDTFunding 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: 0.000% → −0.012%
- $1.17
- Slippage, 4 orders
- −$1,589.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,610.64
- Costs to cover
- 16.118%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 44 min ago; BingX: live order book, 9 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, 44 min ago | 36.70 bp | 1002.7 bp −$1,003 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 8.40 bp | 34.6 bp −$35 | 95.6 bp −$956 | 535.3 bp −$53.5K | 876.5 bp −$438.3K |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid INIT | +0.0100% | 1h | 0.08373 | −0.026% | $312K | $224K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08358 | −0.198% | $28K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08382 | +0.088% | $3.4M | $4.0M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08370 | −0.060% | $1.5M | $1.7M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08389 | +0.167% | $142K | $752K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08359 | −0.191% | $82K | $46K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08382 | +0.084% | $446K | $210K | 20x | as long as short |
| KuCoin INITUSDTMlong | +0.0100% | 4h | 0.08375 | long leg | $324K | $64K | 25x | |
| Bitget INITUSDT | +0.0100% | 4h | 0.08370 | −0.060% | $430K | $347K | 25x | as long as short |
| BingX INIT-USDTshort | +0.0100% | 4h | 0.08375 | 0.000% | — | $6.6M | — |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni INIT | +0.0100% | 4h | 0.08361 | −0.172% | $26K | $14K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0112% | 1h | 0.08377 | +0.020% | $5K | $24K | 10x | as long as short |
| BloFin INIT-USDT | +0.0151% | 4h | 0.08376 | +0.012% | $152K | $110K | 25x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD
BloFin INIT-USDT