Funding you earn now, next payment 00:00 UTC+0.0756%/8h= +82.8% APRnext payment +$3.78 per $10,000 · paid last 24h +0.308%
Price spread now: KuCoin against BingX−0.022%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs+$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1481.482% of the position
Funding, last 7 days+2.408%+$241 on $10k
+Price spread, last 3 days (all we have)+0.323%+$32 · spread now −0.022%, 7d avg +0.029%
=Funding pays, the price is against you. KuCoin is 0.051% cheaper against BingX than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.029%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$23 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LONGXIA-USDT | 0.2515 | 0.0070 | pay 0.0035% / 4h | 2h 00m | — | $2.2M | — |
| Short | KuCoin LONGXIAUSDTM | 0.2514 | 0.0826 | get 0.0413% / 4h | 2h 00m | $40.8M | $3.9M | 10x |
BingX LONGXIA-USDT
KuCoin LONGXIAUSDTMFunding 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
- $158.76
- Price spread: −0.022% → +0.029%
- −$5.13
- Slippage, 4 orders
- −$126.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $5.44
- Costs to cover
- 1.482%
- Break-even
- 6.8 days
Slippage from BingX: live order book, 2 min ago; KuCoin: live order book, 8 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, 2 min ago | 2.19 bp | 18.3 bp −$18 | 84.0 bp −$840 | 673.4 bp −$67.3K | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 9.10 bp | 36.9 bp −$37 | 262.0 bp −$2,620 | doesn't fit | doesn't fit |
LONGXIA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LONGXIA-USDTlong | +0.0070% | 4h | 0.2515 | long leg | — | $2.2M | — | |
| Bybit LONGXIAUSDT | +0.0100% | 4h | 0.2512 | −0.107% | $782K | $7.3M | 10x | as long as short |
| MEXC LONGXIA_USDT | +0.0100% | 4h | 0.2512 | −0.087% | $2.0M | $1.5M | 50x | as long as short |
| KuCoin LONGXIAUSDTMshort | +0.0826% | 4h | 0.2514 | −0.022% | $40.8M | $3.9M | 10x |
Bybit LONGXIAUSDT
MEXC LONGXIA_USDT