Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.017%
Price spread now: BingX against Binance+0.047%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.047%, 7d avg −0.008%
=The price spread pays, funding is against you. BingX is 0.054% dearer against Binance than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.008%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.5 days. At the pace of the last 7 days (−0.014% in total) that is about 26 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BTRUSDT | 0.05045 | 0.0937 | pay 0.0469% / 4h | 2h 09m | $5.3M | $3.9M | 10x |
| Short | BingX BTR-USDT | 0.05047 | 0.0916 | get 0.0458% / 4h | 2h 09m | — | $6.6M | — |
Binance BTRUSDT
BingX BTR-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
- −$4.49
- Price spread: +0.047% → −0.008%
- $5.43
- Slippage, 4 orders
- −$76.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.14
- Costs to cover
- 0.961%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 12 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, 13 min ago | 0.99 bp | 27.5 bp −$27 | 320.8 bp −$3,208 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 1.98 bp | 21.1 bp −$21 | 62.1 bp −$621 | 870.6 bp −$87.1K | 1262.9 bp −$631.4K |
BTR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTRUSDT | +0.0100% | 4h | 0.05045 | +0.007% | $3.2M | $1.1M | 25x | as long as short |
| Gate BTR_USDT | +0.0100% | 8h | 0.05041 | −0.072% | $727K | $251K | 20x | as long as short |
| KuCoin BTRUSDTM | +0.0100% | 4h | 0.05039 | −0.112% | $1.4M | $192K | 10x | as long as short |
| HTX BTR-USDT | +0.0100% | 4h | 0.05045 | +0.007% | $11K | $311K | 10x | as long as short |
| Aster BTRUSDT | +0.0912% | 4h | 0.05045 | −0.002% | $90K | $12K | 5x | as long as short |
| BingX BTR-USDTshort | +0.0916% | 4h | 0.05047 | +0.047% | — | $6.6M | — | |
| Binance BTRUSDTlong | +0.0937% | 4h | 0.05045 | long leg | $5.3M | $3.9M | 10x | |
| MEXC BTR_USDT | +0.0942% | 4h | 0.05044 | −0.013% | $1.5M | $154K | 20x | as long as short |
Bybit BTRUSDT
Gate BTR_USDT
KuCoin BTRUSDTM
HTX BTR-USDT
Aster BTRUSDT
MEXC BTR_USDT