MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1106%/8h= −121.1% APRnext payment −$5.53 per $10,000 · paid last 24h −0.067%

Price spread now: BingX against KuCoin−0.273%7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$157as in the Funding arb table

Net, price: spread back to 7d avg − costs−$172as in the Price arb table

costs, in and out, $10k−$1551.546% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.229%+$23 · spread now −0.273%, 7d avg −0.095%

Together, before fees+0.210%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and BingX is 0.178% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.095%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MUBARAKUSDTM	0.04390	0.1536	pay 0.0768% / 4h	1h 44m	$1.5M	$983K	30x
Short	BingX MUBARAK-USDT	0.04378	0.0430	get 0.0215% / 4h	1h 44m	—	$3.1M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now −0.273%Rate

Funding earned: −$232.26
Price spread: −0.273% → −0.095%: −$17.84
Slippage, 4 orders: −$132.58
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$404.68
Costs to cover: 1.546%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 5 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, 6 min ago	8.03 bp	75.7 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	4.59 bp	17.2 bp −$17	44.2 bp −$442	334.4 bp −$33.4K	905.6 bp −$452.8K

MUBARAK on 11 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
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.04373	−0.396%	$2.6M	$52.3M	20x	as long as short
Bitget MUBARAKUSDT	+0.0100%	4h	0.04378	−0.273%	$2.7M	$7.0M	25x	as long as short
Variational Omni MUBARAK	+0.0100%	4h	0.04391	+0.027%	$13K	$51K	—	as long as short
MEXC MUBARAK_USDT	+0.0148%	4h	0.04377	−0.296%	$860K	$1.5M	50x	as long as short
Binance MUBARAKUSDT	+0.0148%	4h	0.04377	−0.296%	$15.8M	$85.2M	25x	as long as short
Gate MUBARAK_USDT	+0.0252%	4h	0.04382	−0.182%	$6.9M	$5.3M	50x	as long as short
Aster MUBARAKUSDT	+0.0292%	4h	0.04372	−0.401%	$21K	$388K	5x	as long as short
BingX MUBARAK-USDTshort	+0.0430%	4h	0.04378	−0.273%	—	$3.1M	—
Bybit MUBARAKUSDT	+0.0484%	4h	0.04378	−0.273%	$3.4M	$10.5M	25x	as long as short
KuCoin MUBARAKUSDTMlong	+0.1536%	4h	0.04390	long leg	$1.5M	$983K	30x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MUBARAKUSD	+0.2121%	1h	0.04380	−0.229%	$65K	$421K	10x	as long as short