Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.030%
Price spread now: BingX against BloFin+0.148%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 3 days (all we have)−0.286%−$29 · spread now +0.148%, 7d avg −0.040%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.188% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BARD-USDT | 0.1350 | 0.0045 | pay 0.0023% / 4h | 6m 58s | $118K | $5K | 25x |
| Short | BingX BARD-USDT | 0.1352 | 0.0070 | get 0.0035% / 4h | 6m 58s | — | $6.5M | — |
BloFin BARD-USDT
BingX BARD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $5.16
- Price spread: +0.148% → −0.040%
- $18.85
- Slippage, 4 orders
- −$90.6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$88.59
- Costs to cover
- 1.126%
- Break-even
- 127.3 days
Slippage from BloFin: live order book, 53 min ago; BingX: 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 BloFin live order book, 53 min ago | 3.68 bp | 14.4 bp −$14 | 88.4 bp −$884 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.39 bp | 32.8 bp −$33 | 112.5 bp −$1,125 | 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-USDTlong | +0.0045% | 4h | 0.1350 | long leg | $118K | $5K | 25x | |
| BingX BARD-USDTshort | +0.0070% | 4h | 0.1352 | +0.148% | — | $6.5M | — | |
| Aster BARDUSDT | +0.0100% | 4h | 0.1352 | +0.115% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1353 | +0.212% | $2.2M | $1.8M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1352 | +0.133% | $1.0M | $308K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1351 | +0.074% | $711K | $958K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1352 | +0.148% | $191K | $44K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1351 | +0.074% | $714K | $143K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1351 | +0.111% | $99K | $69K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1352 | +0.148% | $1.0M | $178K | 20x | as long as short |
Aster BARDUSDT
Binance BARDUSDT
Bybit 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 | 0.1351 | +0.089% | $12K | $1 | — | as long as short |
| GRVT BARD_USDT_Perp | +0.0100% | 4h | 0.1352 | +0.148% | $137K | $538K | 10x | as long as short |
Variational Omni BARD
GRVT BARD_USDT_Perp