Funding you earn now, next payment 08:00 UTC+0.0282%/8h= +30.9% APRnext payment +$1.41 per $10,000 · paid last 24h +0.097%
Price spread now: BingX against Binance+0.086%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1591.590% of the position
Funding, last 7 days+0.467%+$47 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now +0.086%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.109% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APRUSDT | 0.1473 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $6.7M | $5.2M | 50x |
| Short | BingX APR-USDT | 0.1474 | 0.0382 | get 0.0191% / 4h | 3h 31m | — | $1.4M | — |
Binance APRUSDT
BingX APR-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $59.22
- Price spread: +0.086% → −0.022%
- $10.85
- Slippage, 4 orders
- −$139
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$88.93
- Costs to cover
- 1.590%
- Break-even
- 17.5 days
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 14 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 Binance live order book, 7 min ago | 3.39 bp | 37.8 bp −$38 | 222.0 bp −$2,220 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 10.14 bp | 46.9 bp −$47 | 118.4 bp −$1,184 | 249.0 bp −$24.9K | doesn't fit |
APR 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDTlong | +0.0100% | 4h | 0.1473 | long leg | $6.7M | $5.2M | 50x | |
| Bybit APRUSDT | +0.0100% | 4h | 0.1474 | +0.052% | $1.4M | $642K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1472 | −0.050% | $358K | $175K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1473 | +0.032% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1475 | +0.154% | $19K | $58K | 20x | as long as short |
| BloFin APR-USDT | +0.0123% | 4h | 0.1473 | +0.018% | $288K | $110K | 50x | as long as short |
| Bitget APRUSDT | +0.0310% | 4h | 0.1474 | +0.086% | $3.9M | $986K | 50x | as long as short |
| OKX APR-USDT-SWAP | +0.0347% | 4h | 0.1473 | +0.018% | $1.3M | $2.5M | 20x | as long as short |
| Gate APR_USDT | +0.0380% | 4h | 0.1471 | −0.090% | $694K | $192K | 25x | as long as short |
| BingX APR-USDTshort | +0.0382% | 4h | 0.1474 | +0.086% | — | $1.4M | — |
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
OKX APR-USDT-SWAP
Gate APR_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0888% | 4h | 0.1472 | −0.083% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0956% | 4h | 0.1472 | −0.036% | $2.4M | $340K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM