Funding you earn now, next payment 04:00 UTC−0.0233%/8h= −25.6% APRnext payment −$1.17 per $10,000 · paid last 24h −0.099%
Price spread now: BloFin against BingX+0.137%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1331.332% of the position
Funding, last 7 days−0.470%−$47 on $10k
+Price spread, last 4 days (all we have)+0.376%+$38 · spread now +0.137%, 7d avg +0.077%
=The price spread pays, funding is against you. BloFin is 0.060% dearer against BingX than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.077%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APR-USDT | 0.1463 | 0.0314 | pay 0.0157% / 4h | 27m 04s | — | $1.4M | — |
| Short | BloFin APR-USDT | 0.1465 | 0.0081 | get 0.0040% / 4h | 27m 04s | $286K | $110K | 50x |
BingX APR-USDT
BloFin APR-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
- −$49.03
- Price spread: +0.137% → +0.077%
- $5.97
- Slippage, 4 orders
- −$111.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$176.26
- Costs to cover
- 1.332%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; BloFin: 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 BingX live order book, 4 min ago | 6.80 bp | 31.5 bp −$32 | 136.8 bp −$1,368 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.41 bp | 28.5 bp −$28 | 89.3 bp −$893 | 444.5 bp −$44.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APR-USDTshort | +0.0081% | 4h | 0.1465 | +0.137% | $286K | $110K | 50x | |
| Binance APRUSDT | +0.0100% | 4h | 0.1462 | −0.068% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1463 | +0.021% | $1.4M | $640K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1464 | +0.068% | $357K | $177K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1464 | +0.034% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1468 | +0.342% | $19K | $58K | 20x | as long as short |
| Bitget APRUSDT | +0.0104% | 4h | 0.1463 | +0.027% | $3.9M | $961K | 50x | as long as short |
| BingX APR-USDTlong | +0.0314% | 4h | 0.1463 | long leg | — | $1.4M | — | |
| OKX APR-USDT-SWAP | +0.0327% | 4h | 0.1464 | +0.068% | $1.3M | $2.5M | 20x | as long as short |
| Gate APR_USDT | +0.0400% | 4h | 0.1463 | +0.021% | $699K | $186K | 25x | as long as short |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX 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 | +0.0823% | 4h | 0.1464 | +0.041% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0852% | 4h | 0.1464 | +0.082% | $2.3M | $333K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM