Funding you earn now, next payment 04:00 UTC−0.0082%/8h= −8.9% APRnext payment −$0.41 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against BingX−0.098%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1761.762% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 3 days (all we have)+0.035%+$3 · spread now −0.098%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.097% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVAAI-USDT | 0.01124 | 0.0266 | pay 0.0133% / 4h | 3h 39m | — | $168K | — |
| Short | BloFin AVAAI-USDT | 0.01123 | 0.0184 | get 0.0092% / 4h | 3h 39m | $191K | $5K | 20x |
BingX AVAAI-USDT
BloFin AVAAI-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
- −$17.15
- Price spread: −0.098% → −0.001%
- −$9.66
- Slippage, 4 orders
- −$154.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$203.01
- Costs to cover
- 1.762%
- Break-even
- never at this rate
Slippage from BingX: live order book, 49 min ago; BloFin: live order book, 25 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, 49 min ago | 1.35 bp | 39.2 bp −$39 | 358.0 bp −$3,580 | 689.2 bp −$68.9K | doesn't fit |
| Sell BloFin live order book, 25 min ago | 0.45 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
AVAAI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAAIUSDT | +0.0100% | 4h | 0.01126 | +0.160% | $1.3M | $595K | 20x | as long as short |
| KuCoin AVAAIUSDTM | +0.0100% | 4h | 0.01122 | −0.160% | $472K | $94K | 20x | as long as short |
| BloFin AVAAI-USDTshort | +0.0184% | 4h | 0.01123 | −0.098% | $191K | $5K | 20x | |
| MEXC AVAAI_USDT | +0.0244% | 4h | 0.01124 | 0.000% | $200K | $112K | 100x | as long as short |
| Binance AVAAIUSDT | +0.0244% | 4h | 0.01123 | −0.071% | $3.9M | $3.5M | 20x | as long as short |
| BingX AVAAI-USDTlong | +0.0266% | 4h | 0.01124 | long leg | — | $168K | — | |
| Gate AVAAI_USDT | +0.0300% | 4h | 0.01122 | −0.178% | $631K | $164K | 20x | as long as short |
| Aster AVAAIUSDT | +0.0446% | 4h | 0.01122 | −0.125% | $37K | $16K | 5x | as long as short |
Bybit AVAAIUSDT
KuCoin AVAAIUSDTM
MEXC AVAAI_USDT
Binance AVAAIUSDT
Gate AVAAI_USDT
Aster AVAAIUSDT