Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BingX+0.049%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1591.595% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.049%, 7d avg −0.002%
=The price spread pays, funding is against you. Binance is 0.051% dearer against BingX than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.002%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−0.174% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4-USDT | 0.02022 | 0.0394 | pay 0.0197% / 4h | 1h 45m | — | $1.4M | — |
| Short | Binance 4USDT | 0.02023 | 0.0360 | get 0.0180% / 4h | 1h 45m | $7.8M | $12.4M | 20x |
BingX 4-USDT
Binance 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$7.01
- Price spread: +0.049% → −0.002%
- $5.14
- Slippage, 4 orders
- −$139.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$161.36
- Costs to cover
- 1.595%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: 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, 1 min ago | 30.26 bp | 54.9 bp −$55 | 156.0 bp −$1,560 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.49 bp | 33.4 bp −$33 | 152.7 bp −$1,527 | 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 | 0.02013 | −0.455% | $46K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02023 | +0.049% | $1K | $1.2M | 20x | as long as short |
| Bybit 4USDT | +0.0263% | 4h | 0.02018 | −0.208% | $2.6M | $1.9M | 5x | as long as short |
| Gate 4_USDT | +0.0316% | 4h | 0.02023 | +0.030% | $542K | $279K | 20x | as long as short |
| Aster 4USDT | +0.0353% | 4h | 0.02019 | −0.152% | $243K | $113K | 5x | as long as short |
| Binance 4USDTshort | +0.0360% | 4h | 0.02023 | +0.049% | $7.8M | $12.4M | 20x | |
| MEXC 4_USDT | +0.0364% | 4h | 0.02022 | 0.000% | $1.6M | $907K | 100x | as long as short |
| BingX 4-USDTlong | +0.0394% | 4h | 0.02022 | long leg | — | $1.4M | — | |
| KuCoin 4USDTM | +0.0706% | 4h | 0.02017 | −0.247% | $851K | $12.6M | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Bybit 4USDT
Gate 4_USDT
Aster 4USDT
MEXC 4_USDT
KuCoin 4USDTM