Funding you earn now, next payment 04:00 UTC+0.1222%/8h= +133.8% APRnext payment +$6.11 per $10,000 · paid last 24h +0.378%
Price spread now: KuCoin against BingX−0.973%7-day average −0.242% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$362as in the Price arb table
costs, in and out, $10k−$2892.889% of the position
Funding, last 7 days+2.261%+$226 on $10k
+Price spread, last 7 days+1.637%+$164 · spread now −0.973%, 7d avg −0.242%
=Funding pays, the price is against you. KuCoin is 0.731% cheaper against BingX than usual: you would sell low and buy high (spread −0.973% now, against its 7-day average of −0.242%). If the spread goes back, that is −$73 on $10k: about 48 hours of funding at the current rate (+$37 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX M-USDT | 1.4330 | 0.0590 | pay 0.0295% / 4h | 18m 43s | — | $2.4M | — |
| Short | KuCoin MUSDTM | 1.4190 | 0.1812 | get 0.0906% / 4h | 18m 43s | $1.4M | $3.9M | 10x |
BingX M-USDT
KuCoin MUSDTMFunding 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
- $256.62
- Price spread: −0.973% → −0.242%
- −$73.11
- Slippage, 4 orders
- −$266.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$105.36
- Costs to cover
- 2.889%
- Break-even
- 9.9 days
Slippage from BingX: live order book, 15 min ago; KuCoin: 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 BingX live order book, 15 min ago | 8.42 bp | 24.1 bp −$24 | 88.5 bp −$885 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.96 bp | 112.9 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 MUSDT | +0.0100% | 4h | 1.4329 | −0.007% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4315 | −0.105% | $1.9M | $919K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4316 | −0.098% | $1.9M | $249K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4322 | −0.053% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4332 | +0.014% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4348 | +0.126% | $1K | $766K | 20x | as long as short |
| Aster MUSDT | +0.0450% | 4h | 1.4338 | +0.058% | $15K | $87K | 5x | as long as short |
| BingX M-USDTlong | +0.0590% | 4h | 1.4330 | long leg | — | $2.4M | — | |
| Binance MUSDT | +0.0592% | 4h | 1.4324 | −0.042% | $5.6M | $3.8M | 10x | as long as short |
| MEXC M_USDT | +0.0600% | 4h | 1.4327 | −0.021% | $238K | $107K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
Binance MUSDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0608% | 4h | 1.4329 | −0.007% | $357K | $446K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.1812% | 4h | 1.4190 | −0.973% | $1.4M | $3.9M | 10x |
BloFin M-USDT