Settings8H · net · $10k
Funding arb · Price arb /

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%
Price spread now: BingX against KuCoin+0.060%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$510as in the Price arb table
costs, in and out, $10k−$5125.115% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.060%, 7d avg +0.043%
Together, before fees+0.065%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOTUSDTM0.00050400.0100pay 0.0050% / 4h37m 35s$478K$131K50x
ShortBingX NOT-USDC0.00050430.0100get 0.0050% / 4h37m 35s$729K

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

Funding earned
$0
Price spread: +0.060% → +0.043%
$1.61
Slippage, 4 orders
−$489.54
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$509.93
Costs to cover
5.115%
Break-even
never at this rate
Slippage from KuCoin: live order book, 66 min ago; BingX: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 66 min ago12.94 bp111.2 bp −$111640.4 bp −$6,404doesn't fitdoesn't fit
Sell BingX live order book, 21 min ago5.97 bp152.3 bp −$152doesn't fitdoesn't fitdoesn't fit

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.294%$1K$13K5.5xas long as short
Variational Omni NOT+0.0055%4h0.0005047+0.139%$72K$38Kas long as short
Lighter 1000NOT+0.0096%1h0.0005051+0.214%$11K$6K3xas long as short
Hyperliquid NOT+0.0100%1h0.00050400.000%$339K$64K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005043+0.062%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005039−0.020%$2.1M$3.0M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005035−0.099%$2.1M$822K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005039−0.020%$642K$652K20xas long as short
Gate NOT_USDT+0.0100%4h0.00050400.000%$139K$53K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005039−0.020%$1.4M$457K200xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOTUSDTMlong+0.0100%4h0.0005040long leg$478K$131K50x
Bitget NOTUSDT+0.0100%4h0.0005043+0.060%$676K$456K50xas long as short
BingX NOT-USDCshort+0.0100%4h0.0005043+0.060%$729K
Extended kNOT-USD+0.0104%1h0.0005038−0.047%$4K5xas long as short
BloFin NOT-USDT+0.0158%4h0.0005042+0.040%$108K$18K50xas long as short
Kraken Futures PF_NOTUSD+0.0444%1h0.0005045+0.104%$49K$7K10xas long as short