Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against BingX0.000%81s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as 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−$1251.246% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 3 days (all we have)+0.209%+$21 · spread now 0.000%, 7d avg +0.042%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.042% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you. 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 BARD-USDT | 0.1355 | 0.0070 | pay 0.0035% / 4h | 1h 43m | — | $6.5M | — |
| Short | BloFin BARD-USDT | 0.1355 | 0.0052 | get 0.0026% / 4h | 1h 43m | $119K | $5K | 25x |
Funding 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
- −$3.85
- Price spread: 0.000% → +0.042%
- −$4.19
- Slippage, 4 orders
- −$102.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.64
- Costs to cover
- 1.246%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 29 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 | 11.08 bp | 34.7 bp −$35 | 122.1 bp −$1,221 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 3.69 bp | 15.8 bp −$16 | 83.2 bp −$832 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BARD-USDTshort | +0.0052% | 4h | 0.1355 | 0.000% | $119K | $5K | 25x | |
| BingX BARD-USDTlong | +0.0070% | 4h | 0.1355 | long leg | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1356 | +0.084% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1356 | +0.040% | $2.2M | $1.8M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1356 | +0.052% | $1.0M | $306K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1355 | 0.000% | $712K | $957K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1356 | +0.074% | $192K | $44K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1355 | 0.000% | $716K | $143K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1354 | −0.059% | $96K | $67K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1356 | +0.074% | $1.0M | $173K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1354 | −0.083% | $12K | $252 | — | as long as short |
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1354 | −0.043% | $136K | $518K | 10x | as long as short |
BingX BARD-USDT
BloFin BARD-USDT
Aster BARDUSDT
Binance BARDUSDT
Bybit BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDT
Variational Omni BARD
GRVT BARD_USDT_Perp