Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Binance+0.002%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now +0.002%, 7d avg +0.022%
=Funding pays, the price is against you. BingX is 0.020% cheaper against Binance than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.022%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.040% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KAVAUSDT | 0.07172 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $7.8M | $6.8M | 50x |
| Short | BingX KAVA-USDT | 0.07172 | 0.0200 | get 0.0100% / 4h | 2h 14m | — | $2.3M | — |
Binance KAVAUSDT
BingX KAVA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $21
- Price spread: +0.002% → +0.022%
- −$2.04
- Slippage, 4 orders
- −$48.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$50
- Costs to cover
- 0.690%
- Break-even
- 23.7 days
Slippage from Binance: live order book, 10 min ago; BingX: 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 Binance live order book, 10 min ago | 0.70 bp | 14.8 bp −$15 | 68.7 bp −$687 | 744.2 bp −$74.4K | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.88 bp | 20.1 bp −$20 | 25.0 bp −$250 | 221.0 bp −$22.1K | 812.1 bp −$406.0K |
KAVA on 9 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 KAVAUSDTlong | +0.0100% | 4h | 0.07172 | long leg | $7.8M | $6.8M | 50x | |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07177 | +0.072% | $1.3M | $568K | 25x | as long as short |
| Gate KAVA_USDT | +0.0100% | 4h | 0.07180 | +0.114% | $500K | $66K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07173 | +0.016% | $406K | $142K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.07175 | +0.044% | $359K | $40K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07171 | −0.012% | $787K | $247K | 25x | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07173 | +0.018% | $2K | $1 | — | as long as short |
| BingX KAVA-USDTshort | +0.0200% | 4h | 0.07172 | +0.002% | — | $2.3M | — | |
| Kraken Futures PF_KAVAUSD | +0.1467% | 1h | 0.07187 | +0.210% | $44K | $25K | 10x | as long as short |
Bybit KAVAUSDT
Gate KAVA_USDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD