BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Binance against BingX−0.041%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1091.093% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.283%−$28 on $10k

Price spread, last 7 days+0.107%+$11 · spread now −0.041%, 7d avg +0.008%

Together, before fees−0.176%−$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.049% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BILL-USDT	0.01388	0.0322	pay 0.0161% / 4h	3h 43m	—	$1.7M	—
Short	Binance BILLUSDT	0.01387	0.0319	get 0.0159% / 4h	3h 43m	$2.5M	$3.6M	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now −0.041%Rate

Funding earned: −$0.7
Price spread: −0.041% → +0.008%: −$4.94
Slippage, 4 orders: −$89.35
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$114.99
Costs to cover: 1.093%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Binance: live order book, 8 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, 9 min ago	10.82 bp	32.5 bp −$32	100.2 bp −$1,002	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	3.60 bp	28.1 bp −$28	136.4 bp −$1,364	doesn't fit	doesn't fit

BILL on 16 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 BILLUSDT	+0.0100%	4h	0.01386	−0.165%	$2K	$4K	5x	as long as short
Bybit BILLUSDT	+0.0100%	4h	0.01386	−0.144%	$1.3M	$937K	20x	as long as short
OKX BILL-USDT-SWAP	+0.0100%	4h	0.01387	−0.072%	$1.0M	$2.5M	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01386	−0.144%	$280K	$82K	20x	as long as short
Bitget BILLUSDT	+0.0100%	4h	0.01387	−0.072%	$631K	$847K	20x	as long as short
SunX BILL-USDT	+0.0100%	4h	0.01389	+0.072%	$2K	$1.1M	20x	as long as short
BloFin BILL-USDT	+0.0109%	4h	0.01389	+0.072%	$145K	$19K	20x	as long as short
Backpack BILL_USDC_PERP	+0.0230%	1h	0.01386	−0.144%	$22K	$926	5x	as long as short
MEXC BILL_USDT	+0.0318%	4h	0.01387	−0.072%	$1.0M	$320K	50x	as long as short
Binance BILLUSDTshort	+0.0319%	4h	0.01387	−0.041%	$2.5M	$3.6M	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BILL-USD	+0.0320%	1h	0.01387	−0.088%	$2K	$235K	5x	as long as short
BingX BILL-USDTlong	+0.0322%	4h	0.01388	long leg	—	$1.7M	—
Coinbase International BILL-PERP-INTX	+0.0632%	1h	0.01386	−0.151%	$47K	$100K	50x	as long as short
HTX BILL-USDT	+0.0710%	4h	0.01391	+0.216%	$17K	$8K	20x	as long as short
KuCoin BILLUSDTM	+0.0978%	4h	0.01388	−0.036%	$443K	$278K	20x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.2062%	1h	0.01387	−0.043%	$108K	$14K	10x	as long as short