Funding you earn now, next payment 08:00 UTC−0.0322%/8h= −35.3% APRnext payment −$1.61 per $10,000 · paid last 24h −0.136%
Price spread now: KuCoin against BingX+0.190%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4334.328% of the position
Funding, last 7 days−0.195%−$20 on $10k
+Price spread, last 7 days−0.180%−$18 · spread now +0.190%, 7d avg −0.080%
=The price spread pays, funding is against you. KuCoin is 0.271% dearer against BingX than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of −0.080%): +$27 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.195% in total) that is about 9.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.195% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.61 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 | BingX UAI-USDT | 0.3574 | 0.0100 | pay 0.0050% / 4h | 1h 17m | — | $11.4M | — |
| Short | KuCoin UAIUSDTM | 0.3581 | −0.0222 | pay 0.0111% / 4h | 1h 17m | $1.6M | $3.1M | 50x |
BingX UAI-USDT
KuCoin UAIUSDTMFunding 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
- −$67.62
- Price spread: +0.190% → −0.080%
- $27.06
- Slippage, 4 orders
- −$410.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$473.32
- Costs to cover
- 4.328%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: live order book, 10 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, 6 min ago | 8.37 bp | 20.6 bp −$21 | 64.2 bp −$642 | 1349.6 bp −$135.0K | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 21.43 bp | 307.3 bp −$307 | doesn't fit | doesn't fit | doesn't fit |
UAI 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin UAIUSDTMshort | −0.0222% | 4h | 0.3581 | +0.190% | $1.6M | $3.1M | 50x | |
| Aster UAIUSDT | +0.0100% | 4h | 0.3580 | +0.168% | $2.2M | $1.0M | 5x | as long as short |
| Binance UAIUSDT | +0.0100% | 4h | 0.3578 | +0.102% | $12.0M | $136.4M | 50x | as long as short |
| Bybit UAIUSDT | +0.0100% | 4h | 0.3575 | +0.028% | $3.3M | $31.3M | 20x | as long as short |
| Gate UAI_USDT | +0.0100% | 8h | 0.3576 | +0.056% | $2.2M | $11.3M | 50x | as long as short |
| MEXC UAI_USDT | +0.0100% | 4h | 0.3581 | +0.196% | $2.4M | $9.6M | 50x | as long as short |
| Bitget UAIUSDT | +0.0100% | 4h | 0.3579 | +0.137% | $3.8M | $10.9M | 25x | as long as short |
| BingX UAI-USDTlong | +0.0100% | 4h | 0.3574 | long leg | — | $11.4M | — | |
| Variational Omni UAI | +0.0100% | 4h | 0.3563 | −0.297% | $17K | $96K | — | as long as short |
| BloFin UAI-USDT | +0.0110% | 4h | 0.3589 | +0.420% | $774K | $1.4M | 50x | as long as short |
Aster UAIUSDT
Binance UAIUSDT
Bybit UAIUSDT
Gate UAI_USDT
MEXC UAI_USDT
Bitget UAIUSDT
Variational Omni UAI
BloFin UAI-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UAIUSDC | +0.0118% | 4h | 0.3588 | +0.379% | $13K | $347K | 10x | as long as short |
edgeX UAIUSDC