Funding you earn now, next payment 04:00 UTC−0.1104%/8h= −120.9% APRnext payment −$5.52 per $10,000 · paid last 24h −0.297%
Price spread now: BingX against Binance+0.056%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days−1.869%−$187 on $10k
+Price spread, last 7 days−0.069%−$7 · spread now +0.056%, 7d avg −0.058%
=The price spread pays, funding is against you. BingX is 0.114% dearer against Binance than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.058%): +$11 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1010 | 0.1184 | pay 0.0592% / 4h | 3h 19m | $52.6M | $162.3M | 25x |
| Short | BingX BR-USDT | 1.1016 | 0.0080 | get 0.0040% / 4h | 3h 19m | — | $6.2M | — |
Funding 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
- −$231.83
- Price spread: +0.056% → −0.058%
- $11.36
- Slippage, 4 orders
- −$50.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$290.55
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 16 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, 9 min ago | 0.91 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 3.16 bp | 15.9 bp −$16 | 45.5 bp −$455 | 341.5 bp −$34.1K | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTshort | +0.0080% | 4h | 1.1016 | +0.056% | — | $6.2M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.0997 | −0.115% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.0998 | −0.113% | $7.4M | $8.8M | 20x | as long as short |
| KuCoin BRUSDTM | +0.0100% | 4h | 1.1017 | +0.061% | $4.7M | $5.3M | 30x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.0987 | −0.209% | $258K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1035 | +0.225% | — | $718K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1055 | +0.408% | $83K | $248K | 20x | as long as short |
| Bitget BRUSDT | +0.0240% | 4h | 1.1002 | −0.075% | $8.1M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0514% | 4h | 1.1006 | −0.036% | $664K | $2.9M | 5x | as long as short |
| Binance BRUSDTlong | +0.1184% | 4h | 1.1010 | long leg | $52.6M | $162.3M | 25x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1190% | 4h | 1.1017 | +0.066% | $15.1M | $7.4M | 100x | as long as short |
Binance BRUSDT
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
KuCoin BRUSDTM
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
MEXC BR_USDT