Settings8H · net · $10k
Funding arb · Price arb /

AT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.1% APRnext payment +$1.01 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.064%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1411.407% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.064%, 7d avg +0.038%
Together, before fees+0.005%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.025% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ATUSDT0.15690.0100pay 0.0050% / 4h33m 29s$8.6M$3.2M50x
ShortBingX AT-USDT0.15700.0302get 0.0151% / 4h33m 29s$6.5M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$42.42
Price spread: +0.064% → +0.038%
$2.54
Slippage, 4 orders
−$120.66
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$95.7
Costs to cover
1.407%
Break-even
22.8 days
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago3.19 bp32.0 bp −$32200.4 bp −$2,004doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago9.56 bp40.3 bp −$40134.4 bp −$1,344doesn't fitdoesn't fit

AT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AT-USDT+0.0055%4h0.1568−0.064%$366K$7K50xas long as short
Aster ATUSDT+0.0100%4h0.1569+0.018%$32K$11K5xas long as short
Binance ATUSDTlong+0.0100%4h0.1569long leg$8.6M$3.2M50x
Bybit ATUSDT+0.0100%4h0.1570+0.038%$470K$827K25xas long as short
Gate AT_USDT+0.0100%4h0.1569−0.019%$154K$176K20xas long as short
MEXC AT_USDT+0.0100%4h0.1568−0.064%$194K$166K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.15690.000%$245K$137K50xas long as short
Bitget ATUSDT+0.0100%4h0.15690.000%$697K$137K50xas long as short
OKX AT-USDT-SWAP+0.0276%4h0.1573+0.255%$214K$483K20xas long as short
BingX AT-USDTshort+0.0302%4h0.1570+0.064%$6.5M