Funding you earn now, next payment 04:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h +0.019%
Price spread now: Arcus against BingX−0.008%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 4 days (all we have)+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.008%, 7d avg +0.088%
=Funding pays, the price is against you. Arcus is 0.096% cheaper against BingX than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.088%). If the spread goes back, that is −$10 on $10k: about 6.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BNB-USDC | 788.36 | 0.0047 | pay 0.0047% / 8h | 4h 04m | — | $13.4M | — |
| Short | Arcus BNB-USD | 788.30 | 0.0100 | get 0.0013% / 1h | 4m 25s | $52K | $130K | 10x |
BingX BNB-USDC
Arcus BNB-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $11.13
- Price spread: −0.008% → +0.088%
- −$9.57
- Slippage, 4 orders
- −$17.63
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$30.57
- Costs to cover
- 0.321%
- Break-even
- 26.2 days
Slippage from BingX: live order book, 9 min ago; Arcus: live order book, 54 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 | 0.32 bp | 6.7 bp −$7 | 11.3 bp −$113 | 19.3 bp −$1,927 | 68.6 bp −$34.3K |
| Sell Arcus live order book, 54 min ago | 3.16 bp | 8.6 bp −$9 | 19.4 bp −$194 | doesn't fit | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0189% / S +0.0354% | 1h | 787.87 | −0.062% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 788.30 | −0.008% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 788.68 | +0.041% | $851K | $3.2M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 788.39 | +0.003% | $9.5M | — | 150x | as long as short |
| Aster BNBUSDT | +0.0033% | 8h | 788.48 | +0.015% | $6.1M | $18.7M | 200x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +2.122% | $19K | $789K | 30x | as long as short |
| BingX BNB-USDClong | +0.0047% | 8h | 788.36 | long leg | — | $13.4M | — | |
| MEXC BNB_USDT | +0.0057% | 8h | 789.10 | +0.094% | $80.0M | $12.4M | 200x | as long as short |
| Phemex BNBUSDT | +0.0057% | 8h | 788.52 | +0.020% | $69.0M | $50.2M | 50x | as long as short |
| Binance BNBUSDT | +0.0057% | 8h | 788.71 | +0.045% | $492.2M | $790.6M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Aster BNBUSDT
Injective BNB/USDC PERP
MEXC BNB_USDT
Phemex BNBUSDT
Binance BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 789.45 | +0.138% | $582K | $1.9M | 50x | as long as short |
| Lighter BNB | +0.0096% | 1h | 788.15 | −0.027% | $2.7M | $3.9M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 787.99 | −0.047% | $265K | $492K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 787.75 | −0.077% | $1.5M | $2.5M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 788.96 | +0.076% | $51.8M | $17.5M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 788.24 | −0.015% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 787.90 | −0.058% | $138.6M | $74.0M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 788.00 | −0.046% | $53.4M | $111.1M | 50x | as long as short |
| Arcus BNB-USDshort | +0.0100% | 1h | 788.30 | −0.008% | $52K | $130K | 10x | |
| Gate BNB_USDT | +0.0100% | 8h | 788.05 | −0.039% | $35.5M | $57.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 788.19 | −0.022% | $28.0M | $10.4M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 788.03 | −0.042% | $76.3M | $30.2M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 788.45 | +0.011% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 787.71 | −0.082% | $4.1M | $4.7M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 788.58 | +0.028% | $4.1M | $73.2M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 788.72 | +0.046% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 788.16 | −0.025% | $133K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 788.03 | −0.042% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 788.36 | 0.000% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 788.00 | −0.046% | $387K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 787.74 | −0.079% | $8.1M | $9.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 788.36 | 0.000% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 787.68 | −0.087% | $1.8M | $6.1M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 788.02 | −0.043% | $379K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0117% | 1h | 788.48 | +0.015% | $169K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0119% | 1h | 787.86 | −0.064% | $159K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perp | +0.0154% | 8h | 788.72 | +0.046% | $2.9M | $28.6M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.0177% | 8h | 788.50 | +0.018% | $132K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0177% | 8h | 788.55 | +0.024% | $18.1M | $2.2M | 75x | as long as short |
| Bulk BNB-USD | +0.0216% | 1h | 788.57 | +0.027% | $639K | $9K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 788.67 | +0.039% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0264% | 1h | 787.85 | −0.064% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 788.37 | +0.001% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0325% | 1h | 788.05 | −0.039% | $6K | $3K | 40x | as long as short |
| Hibachi BNB/USDT-P | +0.0360% | 1h | 788.19 | −0.022% | $67K | $38K | 12x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 788.44 | +0.010% | $1.1M | $967K | 20x | as long as short |
Coinbase International BNB-PERP-INTX
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
BloFin BNB-USDT
Bulk BNB-USD
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Hibachi BNB/USDT-P
RISEx BNB/USDC