Funding you earn now, next payment 00:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: BloFin against BingX−0.078%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1191.191% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.078%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.042% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AWE-USDT | 0.06396 | 0.0100 | pay 0.0050% / 4h | 1h 11m | — | $6.5M | — |
| Short | BloFin AWE-USDT | 0.06391 | 0.0077 | get 0.0038% / 4h | 1h 11m | $143K | $23K | 40x |
BingX AWE-USDT
BloFin AWE-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
- −$4.86
- Price spread: −0.078% → −0.036%
- −$4.24
- Slippage, 4 orders
- −$97.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$128.17
- Costs to cover
- 1.191%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 62 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 | 4.70 bp | 32.1 bp −$32 | 99.4 bp −$994 | 845.3 bp −$84.5K | 1207.9 bp −$604.0K |
| Sell BloFin live order book, 62 min ago | 0.78 bp | 24.6 bp −$25 | 76.4 bp −$764 | doesn't fit | doesn't fit |
AWE on 9 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 AWE-USDTshort | +0.0077% | 4h | 0.06391 | −0.078% | $143K | $23K | 40x | |
| Aster AWEUSDT | +0.0100% | 4h | 0.06392 | −0.062% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06392 | −0.063% | $2.2M | $1.4M | 40x | as long as short |
| Gate AWE_USDT | +0.0100% | 8h | 0.06391 | −0.078% | $47K | $40K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06391 | −0.078% | $1.1M | $133K | 20x | as long as short |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06393 | −0.047% | $152K | $65K | 20x | as long as short |
| Bitget AWEUSDT | +0.0100% | 4h | 0.06388 | −0.119% | $436K | $258K | 40x | as long as short |
| BingX AWE-USDTlong | +0.0100% | 4h | 0.06396 | long leg | — | $6.5M | — | |
| Bybit AWEUSDT | +0.0177% | 4h | 0.06395 | −0.016% | $539K | $223K | 25x | as long as short |
Aster AWEUSDT
Binance AWEUSDT
Gate AWE_USDT
MEXC AWE_USDT
KuCoin AWEUSDTM
Bitget AWEUSDT
Bybit AWEUSDT