Funding you earn now, next payment 04:00 UTC−0.0563%/8h= −61.6% APRnext payment −$2.81 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX−0.088%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1411.407% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.553%−$55 · spread now −0.088%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and BloFin is 0.067% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.058%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 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 | BingX BLUAI-USDT | 0.01135 | 0.1468 | pay 0.0734% / 4h | 26m 44s | — | $6.5M | — |
| Short | BloFin BLUAI-USDT | 0.01134 | 0.0905 | get 0.0453% / 4h | 26m 44s | $384K | $12K | 10x |
BingX BLUAI-USDT
BloFin BLUAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$118.22
- Price spread: −0.088% → −0.022%
- −$6.66
- Slippage, 4 orders
- −$118.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$265.61
- Costs to cover
- 1.407%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 9 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 | 5.30 bp | 40.9 bp −$41 | 367.7 bp −$3,677 | 1212.0 bp −$121.2K | doesn't fit |
| Sell BloFin live order book, 9 min ago | 3.54 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
BLUAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BLUAI_USDT | +0.0100% | 4h | 0.01137 | +0.159% | $461K | $66K | 10x | as long as short |
| KuCoin BLUAIUSDTM | +0.0100% | 4h | 0.01140 | +0.449% | $1.5M | $24K | 10x | as long as short |
| SunX BLUAI-USDT | +0.0100% | 4h | 0.01136 | +0.070% | $2K | $1.0M | 20x | as long as short |
| MEXC BLUAI_USDT | +0.0854% | 4h | 0.01135 | −0.009% | $5.8M | $113K | 50x | as long as short |
| Binance BLUAIUSDT | +0.0856% | 4h | 0.01135 | −0.001% | $5.9M | $1.1M | 10x | as long as short |
| BloFin BLUAI-USDTshort | +0.0905% | 4h | 0.01134 | −0.088% | $384K | $12K | 10x | |
| Aster BLUAIUSDT | +0.1156% | 4h | 0.01130 | −0.394% | $26K | $19K | 5x | as long as short |
| BingX BLUAI-USDTlong | +0.1468% | 4h | 0.01135 | long leg | — | $6.5M | — | |
| Bybit BLUAIUSDT | +0.1541% | 4h | 0.01134 | −0.088% | $1.5M | $248K | 13x | as long as short |
Gate BLUAI_USDT
KuCoin BLUAIUSDTM
SunX BLUAI-USDT
MEXC BLUAI_USDT
Binance BLUAIUSDT
Aster BLUAIUSDT
Bybit BLUAIUSDT