Funding you earn now, next payment 04:00 UTC+0.1066%/8h= +116.7% APRnext payment +$5.33 per $10,000 · paid last 24h +0.036%
Price spread now: BingX against Binance−0.087%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now −0.087%, 7d avg −0.001%
=Funding pays, the price is against you. BingX is 0.086% cheaper against Binance than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.001%). If the spread goes back, that is −$9 on $10k: about 6 hours of funding at the current rate (+$32 a day). At the pace of the last 7 days (+0.054% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BBUSDT | 0.009092 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $3.3M | $7.0M | 50x |
| Short | BingX BB-USDT | 0.009084 | 0.1166 | get 0.0583% / 4h | 2h 10m | — | $1.3M | — |
Binance BBUSDT
BingX BB-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
- $223.86
- Price spread: −0.087% → −0.001%
- −$8.59
- Slippage, 4 orders
- −$132.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $63.09
- Costs to cover
- 1.522%
- Break-even
- 5.0 days
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 4 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, 13 min ago | 4.40 bp | 35.5 bp −$35 | 229.1 bp −$2,291 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 9.32 bp | 38.7 bp −$39 | 114.8 bp −$1,148 | 529.0 bp −$52.9K | doesn't fit |
BB on 9 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 BBUSDT | +0.0100% | 4h | 0.009094 | +0.027% | $12K | $13K | 5x | as long as short |
| Binance BBUSDTlong | +0.0100% | 4h | 0.009092 | long leg | $3.3M | $7.0M | 50x | |
| Gate BB_USDT | +0.0100% | 4h | 0.009100 | +0.089% | $131K | $223K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009094 | +0.023% | $1.4M | $593K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009100 | +0.089% | $446K | $90K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009090 | −0.021% | $330K | $481K | 50x | as long as short |
| Bybit BBUSDT | +0.1112% | 4h | 0.009092 | +0.001% | $686K | $811K | 25x | as long as short |
| BingX BB-USDTshort | +0.1166% | 4h | 0.009084 | −0.087% | — | $1.3M | — | |
| Kraken Futures PF_BBUSD | +0.1891% | 1h | 0.009097 | +0.056% | $21K | $3K | 10x | as long as short |
Aster BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
Bybit BBUSDT
Kraken Futures PF_BBUSD