Funding you earn now, next payment 04:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Binance+0.060%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.060%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.025% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.035%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.59 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 | Binance BANKUSDT | 0.03531 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $7.9M | $31.6M | 50x |
| Short | BingX BANK-USDT | 0.03533 | 0.0418 | get 0.0209% / 4h | 1h 40m | — | $6.9M | — |
Binance BANKUSDT
BingX BANK-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
- $66.78
- Price spread: +0.060% → +0.035%
- $2.51
- Slippage, 4 orders
- −$42.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $7.02
- Costs to cover
- 0.623%
- Break-even
- 6.3 days
Slippage from Binance: live order book, 1 min ago; BingX: 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 Binance live order book, 1 min ago | 1.42 bp | 16.3 bp −$16 | 60.9 bp −$609 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 4.27 bp | 15.7 bp −$16 | 52.9 bp −$529 | 450.5 bp −$45.1K | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03531 | −0.009% | $56K | $125K | 5x | as long as short |
| Binance BANKUSDTlong | +0.0100% | 4h | 0.03531 | long leg | $7.9M | $31.6M | 50x | |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03532 | +0.031% | $2.9M | $6.5M | 20x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03531 | +0.003% | $2.5M | $572K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03533 | +0.060% | $1.2M | $173K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03519 | −0.337% | $41K | $250K | 20x | as long as short |
| Gate BANK_USDT | +0.0108% | 4h | 0.03533 | +0.060% | $726K | $1.4M | 10x | as long as short |
| edgeX BANKUSDC | +0.0111% | 4h | 0.03525 | −0.172% | $1K | $244K | 5x | as long as short |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03531 | +0.003% | $455K | $72K | 50x | as long as short |
| BingX BANK-USDTshort | +0.0418% | 4h | 0.03533 | +0.060% | — | $6.9M | — |
Aster BANKUSDT
Bybit BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
Gate BANK_USDT
edgeX BANKUSDC
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDT | +0.0444% | 4h | 0.03532 | +0.031% | $2.9M | $3.5M | 25x | as long as short |
Bitget BANKUSDT