Funding you earn now, next payment 04:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.89 per $10,000 · paid last 24h +0.043%
Price spread now: BloFin against BingX+0.315%81s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.231%−$23 · spread now +0.315%, 7d avg −0.010%
=The price spread pays, funding is against you. BloFin is 0.325% dearer against BingX than usual: you sell high and buy low (spread +0.315% now, against its 7-day average of −0.010%): +$33 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 6.1 days. At the pace of the last 7 days (−0.034% in total) that is about 2 months. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BANK-USDT | 0.03489 | 0.0518 | pay 0.0259% / 4h | 45m 47s | — | $6.9M | — |
| Short | BloFin BANK-USDT | 0.03500 | 0.0340 | get 0.0170% / 4h | 45m 47s | $450K | $71K | 50x |
BingX BANK-USDT
BloFin BANK-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
- −$37.38
- Price spread: +0.315% → −0.010%
- $32.53
- Slippage, 4 orders
- −$44.77
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.62
- Costs to cover
- 0.668%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 55 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, 7 min ago | 2.83 bp | 11.3 bp −$11 | 36.7 bp −$367 | 525.9 bp −$52.6K | doesn't fit |
| Sell BloFin live order book, 55 min ago | 1.42 bp | 20.3 bp −$20 | 41.8 bp −$418 | doesn't fit | 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 | 0.03478 | −0.315% | $55K | $98K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03490 | +0.025% | $7.8M | $30.7M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03490 | +0.029% | $2.8M | $6.4M | 20x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03488 | −0.029% | $2.5M | $534K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03488 | −0.029% | $1.2M | $173K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03492 | +0.086% | $39K | $231K | 20x | as long as short |
| edgeX BANKUSDC | +0.0115% | 4h | 0.03509 | +0.559% | $1K | $245K | 5x | as long as short |
| Gate BANK_USDT | +0.0164% | 4h | 0.03488 | −0.029% | $718K | $1.3M | 10x | as long as short |
| BloFin BANK-USDTshort | +0.0340% | 4h | 0.03500 | +0.315% | $450K | $71K | 50x | |
| BingX BANK-USDTlong | +0.0518% | 4h | 0.03489 | long leg | — | $6.9M | — |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
Gate BANK_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDT | +0.0526% | 4h | 0.03492 | +0.086% | $2.8M | $3.4M | 25x | as long as short |
Bitget BANKUSDT