Funding you earn now, next payment 08:00 UTC+0.0256%/8h= +28.1% APRnext payment +$1.28 per $10,000 · paid last 24h +0.120%
Price spread now: BingX against Binance+0.052%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1541.536% of the position
Funding, last 7 days+0.399%+$40 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.052%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1000000BOBUSDT | 0.00000001934 | 0.0934 | pay 0.0467% / 4h | 2h 42m | $1.6M | $629K | 10x |
| Short | BingX 1000000BOB-USDT | 0.00000001935 | 0.1190 | get 0.0595% / 4h | 2h 42m | — | $724K | — |
Binance 1000000BOBUSDT
BingX 1000000BOB-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
- $53.84
- Price spread: +0.052% → +0.023%
- $2.9
- Slippage, 4 orders
- −$133.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$96.9
- Costs to cover
- 1.536%
- Break-even
- 19.6 days
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 46 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 Binance live order book, 6 min ago | 5.15 bp | 50.7 bp −$51 | 973.1 bp −$9,731 | doesn't fit | doesn't fit |
| Sell BingX live order book, 46 min ago | 5.17 bp | 42.1 bp −$42 | 155.9 bp −$1,559 | doesn't fit | doesn't fit |
BOB on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000000BOBUSDTlong | +0.0934% | 4h | 0.00000001934 | long leg | $1.6M | $629K | 10x | |
| BingX 1000000BOB-USDTshort | +0.1190% | 4h | 0.00000001935 | +0.052% | — | $724K | — |