Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against Binance−0.013%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.765% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.013%, 7d avg +0.028%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.041% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BICOUSDT | 0.02268 | 0.0100 | pay 0.0100% / 8h | 7h 42m | $4.1M | $8.4M | 20x |
| Short | BingX BICO-USDT | 0.02268 | 0.0100 | get 0.0100% / 8h | 7h 42m | — | $1.7M | — |
Binance BICOUSDT
BingX BICO-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
- $0
- Price spread: −0.013% → +0.028%
- −$4.12
- Slippage, 4 orders
- −$56.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$80.63
- Costs to cover
- 0.765%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BingX: live order book, just now.
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, 12 min ago | 2.21 bp | 19.9 bp −$20 | 95.5 bp −$955 | doesn't fit | doesn't fit |
| Sell BingX live order book, just now | 6.61 bp | 18.6 bp −$19 | 41.4 bp −$414 | 613.4 bp −$61.3K | 1149.8 bp −$574.9K |
BICO on 11 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 BICOUSDT | +0.0100% | 8h | 0.02264 | −0.178% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDTlong | +0.0100% | 8h | 0.02268 | long leg | $4.1M | $8.4M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02268 | −0.013% | $1.9M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02267 | −0.057% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02271 | +0.120% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02269 | +0.031% | $647K | $461K | 10x | as long as short |
| BingX BICO-USDTshort | +0.0100% | 8h | 0.02268 | −0.013% | — | $1.7M | — | |
| Variational Omni BICO | +0.0113% | 8h | 0.02269 | +0.018% | $16K | $5K | — | as long as short |
| Bybit BICOUSDT | +0.0197% | 8h | 0.02270 | +0.058% | $2.5M | $3.7M | 20x | as long as short |
| Gate BICO_USDT | +0.0226% | 8h | 0.02267 | −0.057% | $406K | $299K | 20x | as long as short |
Aster BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3468% | 1h | 0.02282 | +0.618% | $39K | $52K | 20x | as long as short |
Kraken Futures PF_BICOUSD