Funding you earn now, next payment 00:00 UTC−0.0418%/8h= −45.8% APRnext payment −$2.09 per $10,000 · paid last 24h −0.047%
Price spread now: Binance against BingX+0.020%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 7 days+0.110%+$11 · spread now +0.020%, 7d avg +0.083%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Binance is 0.063% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B2-USDT | 0.4895 | 0.1360 | pay 0.0680% / 4h | 1h 00m | — | $1.4M | — |
| Short | Binance B2USDT | 0.4896 | 0.0942 | get 0.0471% / 4h | 1h 00m | $7.8M | $13.0M | 50x |
BingX B2-USDT
Binance B2USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$87.81
- Price spread: +0.020% → +0.083%
- −$6.26
- Slippage, 4 orders
- −$93.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$207.41
- Costs to cover
- 1.133%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 10 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, 10 min ago | 7.18 bp | 28.8 bp −$29 | 152.9 bp −$1,529 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.02 bp | 29.7 bp −$30 | 132.6 bp −$1,326 | doesn't fit | doesn't fit |
B2 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDT | +0.0940% | 4h | 0.4898 | +0.061% | $554K | $541K | 100x | as long as short |
| Binance B2USDTshort | +0.0942% | 4h | 0.4896 | +0.020% | $7.8M | $13.0M | 50x | |
| Aster B2USDT | +0.1049% | 4h | 0.4887 | −0.163% | $153K | $187K | 5x | as long as short |
| Bybit B2USDT | +0.1122% | 4h | 0.4895 | 0.000% | $1.5M | $2.7M | 20x | as long as short |
| BingX B2-USDTlong | +0.1360% | 4h | 0.4895 | long leg | — | $1.4M | — | |
| Bitget B2USDT | +0.1426% | 4h | 0.4890 | −0.102% | $2.7M | $1.4M | 50x | as long as short |
| KuCoin B2USDTM | +0.1994% | 4h | 0.4895 | 0.000% | $1.0M | $322K | 50x | as long as short |
| Variational Omni B2 | +0.2128% | 4h | 0.4887 | −0.167% | $14K | $2K | — | as long as short |
| Gate B2_USDT | +0.2960% | 4h | 0.4898 | +0.061% | $859K | $442K | 20x | as long as short |
MEXC B2_USDT
Aster B2USDT
Bybit B2USDT
Bitget B2USDT
KuCoin B2USDTM
Variational Omni B2
Gate B2_USDT