Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against BloFin−0.886%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$340as in the Price arb table
costs, in and out, $10k−$2522.519% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+1.449%+$145 · spread now −0.886%, 7d avg −0.007%
=Funding pays, the price is against you. BingX is 0.879% cheaper against BloFin than usual: you would sell low and buy high (spread −0.886% now, against its 7-day average of −0.007%). If the spread goes back, that is −$88 on $10k: about 10 months of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin 4STOCK-USDT | 0.01016 | 0.0570 | pay 0.0285% / 4h | 1h 34m | $86K | $120K | 10x |
| Short | BingX 4STOCK-USDT | 0.01007 | 0.0580 | get 0.0290% / 4h | 1h 34m | — | $1.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $2.02
- Price spread: −0.886% → −0.007%
- −$87.91
- Slippage, 4 orders
- −$229.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$337.78
- Costs to cover
- 2.519%
- Break-even
- 1177.5 days
Slippage from BloFin: live order book, 37 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 BloFin live order book, 37 min ago | 14.66 bp | 32.4 bp −$32 | 234.1 bp −$2,341 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 14.61 bp | 78.0 bp −$78 | 255.7 bp −$2,557 | 1311.1 bp −$131.1K | doesn't fit |
4STOCK on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 4STOCK_USDT | +0.0308% | 4h | 0.01021 | +0.492% | $559K | $907K | 10x | as long as short |
| edgeX 4STOCKUSDC | +0.0567% | 4h | 0.01015 | −0.142% | $2K | $75K | 5x | as long as short |
| BloFin 4STOCK-USDTlong | +0.0570% | 4h | 0.01016 | long leg | $86K | $120K | 10x | |
| BingX 4STOCK-USDTshort | +0.0580% | 4h | 0.01007 | −0.886% | — | $1.1M | — | |
| MEXC 4STOCK_USDT | +0.0594% | 4h | 0.01011 | −0.492% | $570K | $1.2M | 20x | as long as short |
| Bybit 4STOCKUSDT | +0.0602% | 4h | 0.01013 | −0.295% | $2.3M | $6.2M | 10x | as long as short |
| Aster 4STOCKUSDT | +0.1611% | 1h | 0.01018 | +0.176% | $39K | $59K | 5x | as long as short |
BloFin 4STOCK-USDT
BingX 4STOCK-USDT
Gate 4STOCK_USDT
edgeX 4STOCKUSDC
MEXC 4STOCK_USDT
Bybit 4STOCKUSDT
Aster 4STOCKUSDT