Funding you earn now, next payment 05:00 UTC−0.2600%/8h= −284.7% APRnext payment −$3.25 per $10,000 · paid last 24h −3.499%
Price spread now: KuCoin against BingX+4.091%7-day average +0.579% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,749as in the Funding arb table
Net, price: spread back to 7d avg − costs−$248as in the Price arb table
costs, in and out, $10k−$5995.994% of the position
Funding, last 7 days−21.497%−$2,150 on $10k
+Price spread, last 7 days−6.575%−$658 · spread now +4.091%, 7d avg +0.579%
=The price spread pays, funding is against you. KuCoin is 3.513% dearer against BingX than usual: you sell high and buy low (spread +4.091% now, against its 7-day average of +0.579%): +$351 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−21.497% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004128 | −0.0096 | get 0.0012% / 1h | 23m 39s | — | $5.6M | — |
| Short | KuCoin ONEUSDTM | 0.004297 | −0.2696 | pay 0.0337% / 1h | 23m 39s | $4.0M | $12.3M | 30x |
BingX ONE-USDT
KuCoin ONEUSDTMFunding 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
- −$546
- Price spread: +4.091% → +0.579%
- $351.29
- Slippage, 4 orders
- −$577.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$794.06
- Costs to cover
- 5.994%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: 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 BingX live order book, 12 min ago | 5.35 bp | 15.5 bp −$16 | 42.0 bp −$420 | 645.1 bp −$64.5K | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.76 bp | 151.3 bp −$151 | 608.5 bp −$6,085 | doesn't fit | doesn't fit |
ONE on 10 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 ONE-USDT-SWAP | −5.3629% | 1h | 0.005247 | +27.092% | $6.2M | $238.7M | 10x | as long as short |
| Variational Omni ONE | −0.5768% | 1h | 0.004116 | −0.293% | $102K | $51K | — | as long as short |
| KuCoin ONEUSDTMshort | −0.2696% | 1h | 0.004297 | +4.091% | $4.0M | $12.3M | 30x | |
| BloFin ONE-USDT | −0.2089% | 1h | 0.004108 | −0.497% | $809K | $2.3M | 50x | as long as short |
| Bitget ONEUSDT | −0.1976% | 1h | 0.004173 | +1.095% | $1.9M | $31.7M | 20x | as long as short |
| Aster ONEUSDT | −0.1862% | 1h | 0.004127 | −0.031% | $2.2M | $5.8M | 5x | as long as short |
| MEXC ONE_USDT | −0.1120% | 1h | 0.004138 | +0.235% | $11.4M | $15.1M | 20x | as long as short |
| Binance ONEUSDT | −0.1098% | 1h | 0.004135 | +0.162% | $14.3M | $333.4M | 50x | as long as short |
| Gate ONE_USDT | −0.0644% | 8h | 0.004119 | −0.220% | $1.8M | $15.3M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0096% | 1h | 0.004128 | long leg | — | $5.6M | — |
OKX ONE-USDT-SWAP
Variational Omni ONE
BloFin ONE-USDT
Bitget ONEUSDT
Aster ONEUSDT
MEXC ONE_USDT
Binance ONEUSDT
Gate ONE_USDT