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

AT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.312%81s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1481.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.312%, 7d avg +0.027%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.338% cheaper against BloFin than usual: you would sell low and buy high (spread −0.312% now, against its 7-day average of +0.027%). If the spread goes back, that is −$34 on $10k: about 25 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.040% in total) that is about 59 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AT-USDT0.16050.0055pay 0.0028% / 4h27m 48s$374K$8K50x
ShortBingX AT-USDT0.16000.0100get 0.0050% / 4h27m 48s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
$9.36
Price spread: −0.312% → +0.027%
−$33.84
Slippage, 4 orders
−$126.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$172.5
Costs to cover
1.480%
Break-even
136.0 days
Slippage from BloFin: live order book, 7 min ago; BingX: live order book, 8 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 BloFin live order book, 7 min ago3.14 bp31.6 bp −$32145.7 bp −$1,457doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago9.40 bp45.3 bp −$45121.8 bp −$1,218doesn'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-USDTlong+0.0055%4h0.1605long leg$374K$8K50x
Binance ATUSDT+0.0100%4h0.1600−0.286%$8.8M$3.4M50xas long as short
Bybit ATUSDT+0.0100%4h0.1603−0.150%$505K$943K25xas long as short
OKX AT-USDT-SWAP+0.0100%4h0.16050.000%$224K$516K20xas long as short
Gate AT_USDT+0.0100%4h0.1600−0.280%$154K$183K20xas long as short
MEXC AT_USDT+0.0100%4h0.1600−0.312%$215K$162K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.1597−0.498%$273K$147K50xas long as short
Bitget ATUSDT+0.0100%4h0.1601−0.249%$692K$167K50xas long as short
BingX AT-USDTshort+0.0100%4h0.1600−0.312%$6.5M
Aster ATUSDT+0.0197%4h0.1599−0.351%$32K$12K5xas long as short