Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against BloFin+0.129%81s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$840.844% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.129%, 7d avg −0.010%
=The price spread pays, funding is against you. BingX is 0.139% dearer against BloFin than usual: you sell high and buy low (spread +0.129% now, against its 7-day average of −0.010%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin A-USDT | 0.09335 | 0.0146 | pay 0.0073% / 4h | 3m 49s | $149K | $7K | 75x |
| Short | BingX A-USDT | 0.09347 | 0.0100 | get 0.0050% / 4h | 3m 49s | — | $6.5M | — |
BloFin A-USDT
BingX A-USDTFunding 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
- −$9.66
- Price spread: +0.129% → −0.010%
- $13.86
- Slippage, 4 orders
- −$62.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$80.23
- Costs to cover
- 0.844%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 26 min ago; BingX: live order book, 7 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, 26 min ago | 6.42 bp | 17.5 bp −$18 | 59.9 bp −$599 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.81 bp | 24.2 bp −$24 | 83.3 bp −$833 | 892.3 bp −$89.2K | doesn't fit |
A 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −4.178% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09356 | +0.221% | $2.9M | $3.0M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09336 | +0.011% | $3.2M | $957K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09355 | +0.214% | $745K | $503K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09345 | +0.107% | $218K | $66K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09355 | +0.214% | $4.1M | $138K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09354 | +0.204% | $685K | $46K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09353 | +0.193% | $914K | $182K | 75x | as long as short |
| BingX A-USDTshort | +0.0100% | 4h | 0.09347 | +0.129% | — | $6.5M | — | |
| Variational Omni A | +0.0100% | 4h | 0.09317 | −0.194% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDTlong | +0.0146% | 4h | 0.09335 | long leg | $149K | $7K | 75x |