Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.018%
Price spread now: Binance against BingX−0.100%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days+0.141%+$14 · spread now −0.100%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.106% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01096 | 0.0146 | pay 0.0073% / 4h | 1h 50m | — | $1.3M | — |
| Short | Binance ACTUSDT | 0.01095 | 0.0100 | get 0.0050% / 4h | 1h 50m | $2.1M | $2.2M | 10x |
BingX ACT-USDT
Binance ACTUSDTFunding 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
- −$9.66
- Price spread: −0.100% → +0.005%
- −$10.56
- Slippage, 4 orders
- −$82.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.23
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 15 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, 8 min ago | 3.65 bp | 18.9 bp −$19 | 126.0 bp −$1,260 | 659.9 bp −$66.0K | doesn't fit |
| Sell Binance live order book, 15 min ago | 4.12 bp | 25.0 bp −$25 | 149.9 bp −$1,499 | doesn't fit | doesn't fit |
ACT 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDTshort | +0.0100% | 4h | 0.01095 | −0.100% | $2.1M | $2.2M | 10x | |
| Bybit ACTUSDT | +0.0100% | 4h | 0.01098 | +0.137% | $575K | $342K | 25x | as long as short |
| Gate ACT_USDT | +0.0100% | 4h | 0.01097 | +0.064% | $142K | $82K | 25x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01095 | −0.091% | $6.4M | $110K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01096 | −0.027% | $260K | $91K | 10x | as long as short |
| BingX ACT-USDTlong | +0.0146% | 4h | 0.01096 | long leg | — | $1.3M | — | |
| OKX ACT-USDT-SWAP | +0.0151% | 4h | 0.01098 | +0.119% | $776K | $1.4M | 10x | as long as short |
Bybit ACTUSDT
Gate ACT_USDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP