Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.021%
Price spread now: BingX against Binance+0.073%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1301.301% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.073%, 7d avg −0.007%
=The price spread pays, funding is against you. BingX is 0.079% dearer against Binance than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.007%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BARDUSDT | 0.1354 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $2.2M | $1.7M | 25x |
| Short | BingX BARD-USDT | 0.1355 | 0.0030 | get 0.0015% / 4h | 2h 39m | — | $6.5M | — |
Binance BARDUSDT
BingX BARD-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
- −$14.7
- Price spread: +0.073% → −0.007%
- $7.91
- Slippage, 4 orders
- −$110.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$136.89
- Costs to cover
- 1.301%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 6 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, 10 min ago | 7.31 bp | 32.1 bp −$32 | 263.4 bp −$2,634 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 7.33 bp | 31.2 bp −$31 | 113.4 bp −$1,134 | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BARDUSDT | −0.0041% | 4h | 0.1356 | +0.124% | $1.0M | $356K | 25x | as long as short |
| GRVT BARD_USDT_Perp | −0.0034% | 4h | 0.1360 | +0.418% | $141K | $520K | 10x | as long as short |
| BingX BARD-USDTshort | +0.0030% | 4h | 0.1355 | +0.073% | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1356 | +0.175% | $18K | $15K | 5x | as long as short |
| Binance BARDUSDTlong | +0.0100% | 4h | 0.1354 | long leg | $2.2M | $1.7M | 25x | |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1354 | −0.001% | $708K | $915K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1356 | +0.146% | $190K | $30K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1354 | −0.001% | $708K | $177K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1356 | +0.117% | $103K | $56K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1357 | +0.220% | $1.0M | $107K | 20x | as long as short |
Bybit BARDUSDT
GRVT BARD_USDT_Perp
Aster BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1358 | +0.319% | $12K | $1 | — | as long as short |
| BloFin BARD-USDT | +0.0129% | 4h | 0.1357 | +0.220% | $117K | $5K | 25x | as long as short |
Variational Omni BARD
BloFin BARD-USDT