Funding you earn now, next payment 07:00 UTC+0.2912%/8h= +318.9% APRnext payment +$3.64 per $10,000 · paid last 24h +2.815%
Price spread now: BingX against KuCoin−3.590%7-day average −0.637% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1,500as in the Funding arb table
Net, price: spread back to 7d avg − costs−$949as in the Price arb table
costs, in and out, $10k−$6536.533% of the position
Funding, last 7 days+21.538%+$2,154 on $10k
+Price spread, last 7 days+6.304%+$630 · spread now −3.590%, 7d avg −0.637%
=Funding pays, the price is against you. BingX is 2.953% cheaper against KuCoin than usual: you would sell low and buy high (spread −3.590% now, against its 7-day average of −0.637%). If the spread goes back, that is −$295 on $10k: about 3.4 days of funding at the current rate (+$87 a day). At the pace of the last 7 days (+21.538% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ONEUSDTM | 0.003980 | −0.2920 | get 0.0365% / 1h | 2m 05s | $3.7M | $11.9M | 30x |
| Short | BingX ONE-USDT | 0.003837 | −0.0008 | pay 0.0001% / 1h | 2m 05s | — | $5.5M | — |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $611.52
- Price spread: −3.590% → −0.637%
- −$295.32
- Slippage, 4 orders
- −$631.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$337.08
- Costs to cover
- 6.533%
- Break-even
- 10.9 days
Slippage from KuCoin: live order book, 6 min ago; BingX: live order book, 3 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 | 6.36 bp | 374.0 bp −$374 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.44 bp | 16.8 bp −$17 | 49.9 bp −$499 | 536.9 bp −$53.7K | 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 | −5.7694% | 1h | 0.005423 | +36.266% | $6.6M | $235.1M | 10x | as long as short |
| KuCoin ONEUSDTMlong | −0.2920% | 1h | 0.003980 | long leg | $3.7M | $11.9M | 30x | |
| Bitget ONEUSDT | −0.1248% | 1h | 0.003857 | −3.103% | $1.8M | $30.2M | 20x | as long as short |
| Variational Omni ONE | −0.0822% | 1h | 0.003831 | −3.742% | $94K | $43K | — | as long as short |
| BloFin ONE-USDT | −0.0480% | 1h | 0.003836 | −3.618% | $772K | $2.0M | 50x | as long as short |
| Aster ONEUSDT | −0.0345% | 1h | 0.003831 | −3.756% | $2.0M | $5.8M | 5x | as long as short |
| Gate ONE_USDT | −0.0213% | 8h | 0.003835 | −3.643% | $1.7M | $15.2M | 20x | as long as short |
| Binance ONEUSDT | −0.0120% | 1h | 0.003825 | −3.888% | $13.3M | $328.7M | 50x | as long as short |
| MEXC ONE_USDT | −0.0120% | 1h | 0.003834 | −3.656% | $11.4M | $15.0M | 20x | as long as short |
| BingX ONE-USDTshort | −0.0008% | 1h | 0.003837 | −3.590% | — | $5.5M | — |
KuCoin ONEUSDTM
BingX ONE-USDT
OKX ONE-USDT-SWAP
Bitget ONEUSDT
Variational Omni ONE
BloFin ONE-USDT
Aster ONEUSDT
Gate ONE_USDT
Binance ONEUSDT
MEXC ONE_USDT