Funding you earn now, next payment 08:00 UTC+0.0816%/8h= +89.3% APRnext payment +$4.08 per $10,000 · paid last 24h +0.280%
Price spread now: Binance against BingX+0.016%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs+$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$600.596% of the position
Funding, last 7 days+1.884%+$188 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.016%, 7d avg +0.060%
=Funding pays, the price is against you. Binance is 0.044% cheaper against BingX than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.060%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BR-USDT | 1.1513 | 0.0080 | pay 0.0040% / 4h | 1h 08m | — | $5.7M | — |
| Short | Binance BRUSDT | 1.1515 | 0.0896 | get 0.0448% / 4h | 1h 08m | $54.8M | $134.7M | 25x |
BingX BR-USDT
Binance BRUSDTFunding 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
- $171.27
- Price spread: +0.016% → +0.060%
- −$4.38
- Slippage, 4 orders
- −$39.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $107.25
- Costs to cover
- 0.596%
- Break-even
- 2.6 days
Slippage from BingX: live order book, 12 min ago; Binance: live order book, 4 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, 12 min ago | 1.66 bp | 18.5 bp −$19 | 66.6 bp −$666 | 534.4 bp −$53.4K | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.56 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | 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-USDTlong | +0.0080% | 4h | 1.1513 | long leg | — | $5.7M | — | |
| Variational Omni BR | +0.0100% | 4h | 1.1522 | +0.081% | $273K | $267K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1525 | +0.105% | — | $733K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1574 | +0.532% | $88K | $234K | 20x | as long as short |
| Bybit BRUSDT | +0.0109% | 4h | 1.1508 | −0.046% | $11.1M | $21.9M | 5x | as long as short |
| Gate BR_USDT | +0.0186% | 4h | 1.1512 | −0.011% | $7.6M | $8.6M | 20x | as long as short |
| Bitget BRUSDT | +0.0206% | 4h | 1.1527 | +0.119% | $8.4M | $10.1M | 10x | as long as short |
| Aster BRUSDT | +0.0274% | 4h | 1.1509 | −0.035% | $670K | $2.3M | 5x | as long as short |
| KuCoin BRUSDTM | +0.0332% | 4h | 1.1523 | +0.086% | $5.0M | $4.9M | 30x | as long as short |
| Binance BRUSDTshort | +0.0896% | 4h | 1.1515 | +0.016% | $54.8M | $134.7M | 25x |
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Bitget BRUSDT
Aster BRUSDT
KuCoin BRUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0896% | 4h | 1.1513 | −0.001% | $15.5M | $6.4M | 100x | as long as short |
MEXC BR_USDT