Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.056%
Price spread now: Binance against BingX−0.082%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$880.877% of the position
Funding, last 7 days−0.561%−$56 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.082%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.080% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000BABYDOGE-USDT | 0.0000000004159 | 0.0200 | pay 0.0100% / 4h | 23m 35s | — | $1.3M | — |
| Short | Binance 1MBABYDOGEUSDT | 0.0000000004156 | 0.0100 | get 0.0050% / 4h | 23m 35s | $1.6M | $2.7M | 50x |
BingX 1000000BABYDOGE-USDT
Binance 1MBABYDOGEUSDTFunding 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
- −$21
- Price spread: −0.082% → −0.002%
- −$7.99
- Slippage, 4 orders
- −$67.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.71
- Costs to cover
- 0.877%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 12 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, 8 min ago | 4.81 bp | 26.0 bp −$26 | 149.9 bp −$1,499 | 726.4 bp −$72.6K | 1068.3 bp −$534.1K |
| Sell Binance live order book, 12 min ago | 3.61 bp | 16.7 bp −$17 | 63.3 bp −$633 | doesn't fit | doesn't fit |
BABYDOGE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1MBABYDOGEUSDTshort | +0.0100% | 4h | 0.0000000004156 | −0.082% | $1.6M | $2.7M | 50x | |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004155 | −0.096% | $440K | $596K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDT | +0.0100% | 4h | 0.0000000004155 | −0.096% | $453K | $129K | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004152 | −0.168% | $295K | $63K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004152 | −0.168% | $1.4M | $466K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTlong | +0.0200% | 4h | 0.0000000004159 | long leg | — | $1.3M | — |
Bybit 1000000BABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT