Funding you earn now, next payment 08:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.017%
Price spread now: Binance against BingX+0.036%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.036%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.026% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BTR-USDT | 0.05059 | 0.0872 | pay 0.0436% / 4h | 2h 44m | — | $6.6M | — |
| Short | Binance BTRUSDT | 0.05061 | 0.0899 | get 0.0450% / 4h | 2h 44m | $5.4M | $3.8M | 10x |
BingX BTR-USDT
Binance BTRUSDTFunding 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
- $5.68
- Price spread: +0.036% → +0.010%
- $2.61
- Slippage, 4 orders
- −$57.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.82
- Costs to cover
- 0.771%
- Break-even
- 91.8 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 9 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, 2 min ago | 3.95 bp | 16.1 bp −$16 | 111.2 bp −$1,112 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.96 bp | 9.9 bp −$10 | 114.2 bp −$1,142 | doesn't fit | doesn't fit |
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 | 0.05057 | −0.040% | $3.2M | $1.1M | 25x | as long as short |
| KuCoin BTRUSDTM | +0.0100% | 4h | 0.05048 | −0.217% | $1.4M | $183K | 10x | as long as short |
| HTX BTR-USDT | +0.0100% | 4h | 0.05066 | +0.138% | $11K | $314K | 10x | as long as short |
| Gate BTR_USDT | +0.0310% | 8h | 0.05054 | −0.099% | $733K | $288K | 20x | as long as short |
| Aster BTRUSDT | +0.0652% | 4h | 0.05057 | −0.040% | $90K | $10K | 5x | as long as short |
| BingX BTR-USDTlong | +0.0872% | 4h | 0.05059 | long leg | — | $6.6M | — | |
| MEXC BTR_USDT | +0.0898% | 4h | 0.05059 | 0.000% | $1.5M | $148K | 20x | as long as short |
| Binance BTRUSDTshort | +0.0899% | 4h | 0.05061 | +0.036% | $5.4M | $3.8M | 10x |
Bybit BTRUSDT
KuCoin BTRUSDTM
HTX BTR-USDT
Gate BTR_USDT
Aster BTRUSDT
MEXC BTR_USDT