Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.009%
Price spread now: BloFin against BingX−0.152%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.152%, 7d avg −0.037%
=Funding pays, the price is against you. BloFin is 0.115% cheaper against BingX than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.037%). If the spread goes back, that is −$12 on $10k: about 22 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX API3-USDT | 0.2627 | 0.0100 | pay 0.0050% / 4h | 1h 22m | — | $6.7M | — |
| Short | BloFin API3-USDT | 0.2623 | 0.0118 | get 0.0059% / 4h | 1h 22m | $136K | $28K | 50x |
BingX API3-USDT
BloFin API3-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $3.73
- Price spread: −0.152% → −0.037%
- −$11.5
- Slippage, 4 orders
- −$87.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$117.73
- Costs to cover
- 1.100%
- Break-even
- 227.7 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 9 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, 5 min ago | 9.53 bp | 31.2 bp −$31 | 87.4 bp −$874 | 474.0 bp −$47.4K | 528.8 bp −$264.4K |
| Sell BloFin live order book, 9 min ago | 5.73 bp | 26.0 bp −$26 | 74.7 bp −$747 | doesn't fit | doesn't fit |
API3 on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster API3USDT | +0.0100% | 4h | 0.2623 | −0.171% | $2K | $3K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2628 | +0.028% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2630 | +0.114% | $991K | $406K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2627 | 0.000% | $652K | $511K | 10x | as long as short |
| Gate API3_USDT | +0.0100% | 8h | 0.2627 | 0.000% | $127K | $105K | 50x | as long as short |
| MEXC API3_USDT | +0.0100% | 4h | 0.2626 | −0.038% | $485K | $265K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2624 | −0.114% | $1.0M | $258K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2627 | 0.000% | $659K | $202K | 20x | as long as short |
| BingX API3-USDTlong | +0.0100% | 4h | 0.2627 | long leg | — | $6.7M | — | |
| Variational Omni API3 | +0.0100% | 4h | 0.2624 | −0.097% | $6K | $1 | — | as long as short |
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
Gate API3_USDT
MEXC API3_USDT
KuCoin API3USDTM
Bitget API3USDT
Variational Omni API3Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin API3-USDTshort | +0.0118% | 4h | 0.2623 | −0.152% | $136K | $28K | 50x | |
| Kraken Futures PF_API3USD | +0.0547% | 1h | 0.2639 | +0.454% | $13K | $3K | 10x | as long as short |
Kraken Futures PF_API3USD