Settings8H · net · $10k
Funding arb · Price arb /

ACT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0404%/8h= +44.2% APRnext payment +$2.02 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Binance+0.054%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1181.178% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days−0.076%−$8 · spread now +0.054%, 7d avg 0.000%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.054% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of 0.000%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ACTUSDT0.011040.0100pay 0.0050% / 4h2h 32m$2.1M$2.3M10x
ShortBingX ACT-USDT0.011040.0504get 0.0252% / 4h2h 32m$1.3M

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

Funding earned
$84.84
Price spread: +0.054% → 0.000%
$5.43
Slippage, 4 orders
−$97.84
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$27.58
Costs to cover
1.178%
Break-even
9.3 days
Slippage from Binance: live order book, 2 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago4.98 bp31.6 bp −$32244.3 bp −$2,443doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago6.35 bp27.4 bp −$27190.9 bp −$1,909571.7 bp −$57.2K855.6 bp −$427.8K

ACT on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ACTUSDTlong+0.0100%4h0.01104long leg$2.1M$2.3M10x
MEXC ACT_USDT+0.0100%4h0.01104+0.009%$6.4M$113K20xas long as short
Bitget ACTUSDT+0.0100%4h0.01104+0.018%$266K$87K10xas long as short
OKX ACT-USDT-SWAP+0.0236%4h0.01104+0.063%$792K$1.4M10xas long as short
Gate ACT_USDT+0.0404%4h0.01103−0.072%$143K$107K25xas long as short
BingX ACT-USDTshort+0.0504%4h0.01104+0.054%$1.3M
Bybit ACTUSDT+0.0605%4h0.01105+0.082%$631K$461K25xas long as short