Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against Binance+0.018%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1901.901% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.018%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAAIUSDT | 0.01119 | 0.0415 | pay 0.0208% / 4h | 2h 06m | $3.9M | $3.2M | 20x |
| Short | BingX AVAAI-USDT | 0.01119 | 0.0386 | get 0.0193% / 4h | 2h 06m | — | $172K | — |
Binance AVAAIUSDT
BingX AVAAI-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
- −$6.17
- Price spread: +0.018% → +0.063%
- −$4.5
- Slippage, 4 orders
- −$170.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$200.8
- Costs to cover
- 1.901%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 66 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, 15 min ago | 0.45 bp | 38.3 bp −$38 | 562.4 bp −$5,624 | doesn't fit | doesn't fit |
| Sell BingX live order book, 66 min ago | 4.04 bp | 42.1 bp −$42 | 259.4 bp −$2,594 | 664.2 bp −$66.4K | doesn't fit |
AVAAI on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AVAAI_USDT | +0.0100% | 4h | 0.01115 | −0.313% | $628K | $163K | 20x | as long as short |
| KuCoin AVAAIUSDTM | +0.0100% | 4h | 0.01114 | −0.438% | $469K | $93K | 20x | as long as short |
| Bybit AVAAIUSDT | +0.0353% | 4h | 0.01119 | +0.027% | $1.3M | $527K | 20x | as long as short |
| BingX AVAAI-USDTshort | +0.0386% | 4h | 0.01119 | +0.018% | — | $172K | — | |
| MEXC AVAAI_USDT | +0.0404% | 4h | 0.01119 | +0.036% | $199K | $115K | 100x | as long as short |
| Binance AVAAIUSDTlong | +0.0415% | 4h | 0.01119 | long leg | $3.9M | $3.2M | 20x | |
| Aster AVAAIUSDT | +0.0629% | 4h | 0.01117 | −0.203% | $37K | $15K | 5x | as long as short |
Gate AVAAI_USDT
KuCoin AVAAIUSDTM
Bybit AVAAIUSDT
MEXC AVAAI_USDT
Aster AVAAIUSDT