Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: BingX against BloFin−0.223%81s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as 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−$850.849% of the position
Funding, last 7 days−0.145%−$14 on $10k
+Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.223%, 7d avg −0.026%
=Funding pays, the price is against you. BingX is 0.196% cheaper against BloFin than usual: you would sell low and buy high (spread −0.223% now, against its 7-day average of −0.026%). If the spread goes back, that is −$20 on $10k: about 27 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour. 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 AIXBT-USDT | 0.02247 | 0.0075 | pay 0.0038% / 4h | 1h 09m | $118K | $63K | 50x |
| Short | BingX AIXBT-USDT | 0.02242 | 0.0100 | get 0.0050% / 4h | 1h 09m | — | $6.6M | — |
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
- $5.16
- Price spread: −0.223% → −0.026%
- −$19.64
- Slippage, 4 orders
- −$62.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$99.41
- Costs to cover
- 0.849%
- Break-even
- 141.9 days
Slippage from BloFin: live order book, 62 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, 62 min ago | 2.23 bp | 35.1 bp −$35 | 71.7 bp −$717 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 2.22 bp | 17.7 bp −$18 | 47.3 bp −$473 | 591.3 bp −$59.1K | 983.5 bp −$491.7K |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.0902% | 1h | 0.02246 | −0.040% | $20K | $7K | 10x | as long as short |
| BloFin AIXBT-USDTlong | +0.0075% | 4h | 0.02247 | long leg | $118K | $63K | 50x | |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02247 | +0.009% | $373K | $179K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02243 | −0.180% | $2.4M | $2.9M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02240 | −0.298% | $1.2M | $966K | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02241 | −0.267% | $450K | $1.5M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02246 | −0.045% | $192K | $80K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02244 | −0.134% | $446K | $187K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02244 | −0.134% | $1.1M | $1.4M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02247 | 0.000% | $644K | $454K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDTshort | +0.0100% | 4h | 0.02242 | −0.223% | — | $6.6M | — | |
| Variational Omni AIXBT | +0.0100% | 4h | 0.02243 | −0.169% | $99K | $11K | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0269% / S −0.0489% | 1h | 0.02245 | −0.089% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02244 | −0.147% | — | — | — | as long as short |
BloFin AIXBT-USDT
BingX AIXBT-USDT
Kraken Futures PF_AIXBTUSD
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
Variational Omni AIXBT
GMX AIXBT/USD [ETH-USDC]