Funding you earn now, next payment 00:00 UTC+0.1206%/8h= +132.1% APRnext payment +$6.03 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against BloFin−0.207%51s7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as 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−$1501.495% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.705%−$71 · spread now −0.207%, 7d avg −0.098%
=Funding pays, the price is against you. BingX is 0.108% cheaper against BloFin than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of −0.098%). If the spread goes back, that is −$11 on $10k: about 7 hours of funding at the current rate (+$36 a day). At the pace of the last 7 days (+0.011% in total) that is about 2 months. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ACU-USDT | 0.1210 | 0.0414 | pay 0.0207% / 4h | 1h 36m | $118K | $59K | 10x |
| Short | BingX ACU-USDT | 0.1208 | 0.1620 | get 0.0810% / 4h | 1h 36m | — | $1.3M | — |
BloFin ACU-USDT
BingX ACU-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
- $253.36
- Price spread: −0.207% → −0.098%
- −$10.85
- Slippage, 4 orders
- −$127.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $92.97
- Costs to cover
- 1.495%
- Break-even
- 4.4 days
Slippage from BloFin: live order book, 36 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, 36 min ago | 9.53 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.96 bp | 35.6 bp −$36 | 143.9 bp −$1,439 | 1026.6 bp −$102.7K | 1262.3 bp −$631.2K |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1206 | −0.330% | $219K | $280K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1208 | −0.182% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1204 | −0.537% | $556K | $31K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1209 | −0.124% | $1K | $1.1M | 20x | as long as short |
| Aster ACUUSDT | +0.0200% | 4h | 0.1208 | −0.169% | $2K | $4K | 5x | as long as short |
| Bitget ACUUSDT | +0.0368% | 4h | 0.1211 | +0.099% | $254K | $236K | 10x | as long as short |
| BloFin ACU-USDTlong | +0.0414% | 4h | 0.1210 | long leg | $118K | $59K | 10x | |
| MEXC ACU_USDT | +0.0416% | 4h | 0.1207 | −0.240% | $13.7M | $344K | 50x | as long as short |
| Binance ACUUSDT | +0.0421% | 4h | 0.1208 | −0.230% | $2.5M | $1.3M | 10x | as long as short |
| BingX ACU-USDTshort | +0.1620% | 4h | 0.1208 | −0.207% | — | $1.3M | — |
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
Bitget ACUUSDT
MEXC ACU_USDT
Binance ACUUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.1760% | 4h | 0.1207 | −0.273% | $835K | $559K | 13x | as long as short |
Bybit ACUUSDT