Funding you earn now, next payment 00:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.51 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against BingX+0.054%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1291.287% of the position
Funding, last 7 days−0.480%−$48 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now +0.054%, 7d avg +0.110%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.056% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BLESS-USDT | 0.009295 | 0.0402 | pay 0.0201% / 4h | 1h 50m | — | $6.7M | — |
| Short | Binance BLESSUSDT | 0.009300 | 0.0301 | get 0.0150% / 4h | 1h 50m | $4.5M | $3.5M | 40x |
BingX BLESS-USDT
Binance BLESSUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21.24
- Price spread: +0.054% → +0.110%
- −$5.58
- Slippage, 4 orders
- −$108.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$155.51
- Costs to cover
- 1.287%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 2 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, 2 min ago | 5.37 bp | 25.5 bp −$25 | 115.4 bp −$1,154 | 967.1 bp −$96.7K | 1226.4 bp −$613.2K |
| Sell Binance live order book, 2 min ago | 1.61 bp | 40.5 bp −$41 | 213.5 bp −$2,135 | doesn't fit | doesn't fit |
BLESS 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BLESS_USDT_Perp | 0.0000% | 4h | 0.007338 | −21.050% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009275 | −0.215% | $2.6M | $517K | 13x | as long as short |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009268 | −0.290% | $2.3M | $185K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009278 | −0.186% | $8K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009220 | −0.807% | $2K | $673K | 20x | as long as short |
| Gate BLESS_USDT | +0.0220% | 4h | 0.009274 | −0.226% | $879K | $753K | 20x | as long as short |
| BloFin BLESS-USDT | +0.0256% | 4h | 0.009294 | −0.011% | $457K | $172K | 40x | as long as short |
| Binance BLESSUSDTshort | +0.0301% | 4h | 0.009300 | +0.054% | $4.5M | $3.5M | 40x | |
| MEXC BLESS_USDT | +0.0302% | 4h | 0.009298 | +0.032% | $7.2M | $634K | 100x | as long as short |
| BingX BLESS-USDTlong | +0.0402% | 4h | 0.009295 | long leg | — | $6.7M | — |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
Gate BLESS_USDT
BloFin BLESS-USDT
MEXC BLESS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLESSUSDT | +0.0426% | 4h | 0.009291 | −0.043% | $2.8M | $745K | 10x | as long as short |
| Aster BLESSUSDT | +0.0935% | 4h | 0.009284 | −0.117% | $51K | $58K | 5x | as long as short |
Bitget BLESSUSDT
Aster BLESSUSDT