Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.056%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$970.969% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.056%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AUCTIONUSDT | 3.6869 | 0.0100 | pay 0.0050% / 4h | 53m 05s | $2.4M | $1.6M | 50x |
| Short | BingX AUCTION-USDT | 3.6890 | 0.0100 | get 0.0050% / 4h | 53m 05s | — | $7.7M | — |
Binance AUCTIONUSDT
BingX AUCTION-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
- $0
- Price spread: +0.056% → +0.035%
- $2.12
- Slippage, 4 orders
- −$76.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$94.75
- Costs to cover
- 0.969%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 15 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, 12 min ago | 2.72 bp | 26.0 bp −$26 | 172.3 bp −$1,723 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 6.77 bp | 22.4 bp −$22 | 66.6 bp −$666 | 454.3 bp −$45.4K | 619.6 bp −$309.8K |
AUCTION on 11 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_AUCTIONUSD | −0.0296% | 1h | 3.6902 | +0.089% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6868 | −0.002% | $971 | $3K | 5x | as long as short |
| Binance AUCTIONUSDTlong | +0.0100% | 4h | 3.6869 | long leg | $2.4M | $1.6M | 50x | |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6930 | +0.165% | $587K | $273K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6860 | −0.025% | $773K | $682K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6900 | +0.083% | $105K | $69K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6870 | +0.002% | $437K | $142K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6910 | +0.110% | $369K | $111K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6890 | +0.056% | $372K | $159K | 25x | as long as short |
| BingX AUCTION-USDTshort | +0.0100% | 4h | 3.6890 | +0.056% | — | $7.7M | — |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6974 | +0.284% | $171 | $38 | — | as long as short |
Variational Omni AUCTION