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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1481.480% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AT-USDT | 0.1605 | 0.0055 | pay 0.0028% / 4h | 27m 48s | $374K | $8K | 50x |
| Short | BingX AT-USDT | 0.1600 | 0.0100 | get 0.0050% / 4h | 27m 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 7 min ago | 3.14 bp | 31.6 bp −$32 | 145.7 bp −$1,457 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.40 bp | 45.3 bp −$45 | 121.8 bp −$1,218 | doesn't fit | doesn't fit |
AT on 10 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 AT-USDTlong | +0.0055% | 4h | 0.1605 | long leg | $374K | $8K | 50x | |
| Binance ATUSDT | +0.0100% | 4h | 0.1600 | −0.286% | $8.8M | $3.4M | 50x | as long as short |
| Bybit ATUSDT | +0.0100% | 4h | 0.1603 | −0.150% | $505K | $943K | 25x | as long as short |
| OKX AT-USDT-SWAP | +0.0100% | 4h | 0.1605 | 0.000% | $224K | $516K | 20x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1600 | −0.280% | $154K | $183K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1600 | −0.312% | $215K | $162K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1597 | −0.498% | $273K | $147K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1601 | −0.249% | $692K | $167K | 50x | as long as short |
| BingX AT-USDTshort | +0.0100% | 4h | 0.1600 | −0.312% | — | $6.5M | — | |
| Aster ATUSDT | +0.0197% | 4h | 0.1599 | −0.351% | $32K | $12K | 5x | as long as short |
BloFin AT-USDT
BingX AT-USDT
Binance ATUSDT
Bybit ATUSDT
OKX AT-USDT-SWAP
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
Aster ATUSDT