Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.034%
Price spread now: Binance against BingX+0.061%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.061%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.055% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BARD-USDT | 0.1369 | 0.0070 | pay 0.0035% / 4h | 3h 46m | — | $6.5M | — |
| Short | Binance BARDUSDT | 0.1370 | 0.0100 | get 0.0050% / 4h | 3h 46m | $2.2M | $1.9M | 25x |
BingX BARD-USDT
Binance BARDUSDTFunding 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
- $6.3
- Price spread: +0.061% → +0.006%
- $5.5
- Slippage, 4 orders
- −$106.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$114.26
- Costs to cover
- 1.261%
- Break-even
- 134.0 days
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 3 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 | 7.33 bp | 31.0 bp −$31 | 120.4 bp −$1,204 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 3.66 bp | 29.2 bp −$29 | 202.1 bp −$2,021 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BARD-USDTlong | +0.0070% | 4h | 0.1369 | long leg | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1368 | −0.066% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDTshort | +0.0100% | 4h | 0.1370 | +0.061% | $2.2M | $1.9M | 25x | |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1369 | 0.000% | $1.0M | $318K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1369 | 0.000% | $727K | $983K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1367 | −0.146% | $193K | $40K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1368 | −0.073% | $723K | $140K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1365 | −0.263% | $100K | $69K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1368 | −0.073% | $1.1M | $181K | 20x | as long as short |
| Variational Omni BARD | +0.0100% | 4h | 0.1365 | −0.286% | $12K | $1 | — | as long as short |
Aster BARDUSDT
Bybit BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDT
Variational Omni BARDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1366 | −0.238% | $138K | $528K | 10x | as long as short |
| BloFin BARD-USDT | +0.0133% | 4h | 0.1367 | −0.146% | $119K | $5K | 25x | as long as short |
GRVT BARD_USDT_Perp
BloFin BARD-USDT