Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against Binance+0.092%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1171.166% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.092%, 7d avg −0.013%
=The price spread pays, funding is against you. BingX is 0.105% dearer against Binance than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.013%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.017% in total) that is about 44 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ASRUSDT | 0.8740 | 0.0605 | pay 0.0302% / 4h | 2h 05m | $1.9M | $761K | 10x |
| Short | BingX ASR-USDT | 0.8748 | 0.0588 | get 0.0294% / 4h | 2h 05m | — | $1.2M | — |
Binance ASRUSDT
BingX ASR-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
- −$3.52
- Price spread: +0.092% → −0.013%
- $10.5
- Slippage, 4 orders
- −$96.64
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.66
- Costs to cover
- 1.166%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 6 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, 13 min ago | 2.86 bp | 29.5 bp −$30 | 676.0 bp −$6,760 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.72 bp | 28.6 bp −$29 | 216.9 bp −$2,169 | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8740 | 0.000% | $29K | $7K | 20x | as long as short |
| Bitget ASRUSDT | +0.0100% | 4h | 0.8740 | 0.000% | $196K | $72K | 10x | as long as short |
| Variational Omni ASR | +0.0100% | 4h | 0.8746 | +0.068% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8744 | +0.046% | $135K | $74K | 25x | as long as short |
| KuCoin ASRUSDTM | +0.0500% | 4h | 0.8740 | 0.000% | $189K | $46K | 10x | as long as short |
| BingX ASR-USDTshort | +0.0588% | 4h | 0.8748 | +0.092% | — | $1.2M | — | |
| Binance ASRUSDTlong | +0.0605% | 4h | 0.8740 | long leg | $1.9M | $761K | 10x | |
| MEXC ASR_USDT | +0.0608% | 4h | 0.8741 | +0.011% | $645K | $96K | 50x | as long as short |
Gate ASR_USDT
Bitget ASRUSDT
Variational Omni ASR
Bybit ASRUSDT
KuCoin ASRUSDTM
MEXC ASR_USDT