Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX−0.108%51s7-day average +0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as 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−$1111.107% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.118%+$12 · spread now −0.108%, 7d avg +0.145%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.253% cheaper against BingX than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.145%. The two prices were read 51 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 | BingX ATH-USDT | 0.005560 | 0.0100 | pay 0.0050% / 4h | 8m 14s | — | $21.3M | — |
| Short | BloFin ATH-USDT | 0.005554 | 0.0108 | get 0.0054% / 4h | 8m 14s | $171K | $68K | 75x |
BingX ATH-USDT
BloFin ATH-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
- $1.58
- Price spread: −0.108% → +0.145%
- −$25.26
- Slippage, 4 orders
- −$88.66
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$134.34
- Costs to cover
- 1.107%
- Break-even
- 602.7 days
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 61 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, 5 min ago | 5.40 bp | 33.3 bp −$33 | 73.5 bp −$735 | 566.5 bp −$56.6K | 852.5 bp −$426.3K |
| Sell BloFin live order book, 61 min ago | 3.60 bp | 29.3 bp −$29 | 69.4 bp −$694 | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.3571% | 1h | 0.005559 | −0.017% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0016% | 4h | 0.005535 | −0.446% | $186K | $94K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005570 | +0.181% | $11K | $16 | 5x | as long as short |
| OKX ATH-USDT-SWAP | +0.0074% | 4h | 0.005560 | 0.000% | $705K | $1.2M | 20x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005572 | +0.222% | $4K | $38K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005569 | +0.161% | $3.4M | $3.8M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005555 | −0.090% | $4.4M | $2.3M | 25x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005558 | −0.036% | $792K | $520K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005568 | +0.144% | $9.0M | $589K | 50x | as long as short |
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005562 | +0.036% | $568K | $78K | 30x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
OKX ATH-USDT-SWAP
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDT
KuCoin ATHUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005566 | +0.108% | $1.6M | $813K | 25x | as long as short |
| BingX ATH-USDTlong | +0.0100% | 4h | 0.005560 | long leg | — | $21.3M | — | |
| BloFin ATH-USDTshort | +0.0108% | 4h | 0.005554 | −0.108% | $171K | $68K | 75x |
Bitget ATHUSDT