4

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h −0.001%

Price spread now: BingX against Binance+0.216%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1521.520% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.175%+$17 on $10k

Price spread, last 7 days−0.206%−$21 · spread now +0.216%, 7d avg +0.003%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.213% dearer against Binance than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance 4USDT	0.02174	0.0569	pay 0.0284% / 4h	35m 25s	$8.4M	$11.1M	20x
Short	BingX 4-USDT	0.02179	0.0628	get 0.0314% / 4h	35m 25s	—	$1.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.216%Rate

Funding earned: $12.4
Price spread: +0.216% → +0.003%: $21.31
Slippage, 4 orders: −$132.05
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$118.33
Costs to cover: 1.520%
Break-even: 73.8 days

Slippage from Binance: live order book, 5 min ago; BingX: 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 Binance live order book, 5 min ago	2.06 bp	24.9 bp −$25	237.2 bp −$2,372	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	16.01 bp	62.7 bp −$63	132.7 bp −$1,327	doesn't fit	doesn't fit

4 on 9 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
Variational Omni 4	+0.0100%	4h	0.02176	+0.057%	$53K	$5K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02171	−0.152%	$2K	$1.0M	20x	as long as short
Aster 4USDT	+0.0418%	4h	0.02174	−0.009%	$249K	$95K	5x	as long as short
Gate 4_USDT	+0.0524%	4h	0.02174	−0.009%	$592K	$237K	20x	as long as short
Binance 4USDTlong	+0.0569%	4h	0.02174	long leg	$8.4M	$11.1M	20x
MEXC 4_USDT	+0.0580%	4h	0.02174	−0.014%	$1.9M	$850K	100x	as long as short
KuCoin 4USDTM	+0.0582%	4h	0.02172	−0.106%	$952K	$13.0M	20x	as long as short
Bybit 4USDT	+0.0596%	4h	0.02172	−0.110%	$2.9M	$1.7M	5x	as long as short
BingX 4-USDTshort	+0.0628%	4h	0.02179	+0.216%	—	$1.4M	—