Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.10 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Binance−0.024%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1341.341% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.024%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.048% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BULLAUSDT | 0.1051 | 0.1247 | pay 0.0623% / 4h | 3m 01s | $11.6M | $9.8M | 10x |
| Short | BingX BULLA-USDT | 0.1051 | 0.1226 | get 0.0613% / 4h | 3m 01s | — | $6.5M | — |
Binance BULLAUSDT
BingX BULLA-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
- −$4.36
- Price spread: −0.024% → +0.023%
- −$4.76
- Slippage, 4 orders
- −$114.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$143.24
- Costs to cover
- 1.341%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; BingX: 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 Binance live order book, 7 min ago | 0.47 bp | 28.0 bp −$28 | 256.6 bp −$2,566 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 2.85 bp | 35.0 bp −$35 | 132.3 bp −$1,323 | 983.3 bp −$98.3K | doesn't fit |
BULLA on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDT | +0.0100% | 4h | 0.1049 | −0.196% | $5.9M | $1.1M | 5x | as long as short |
| BingX BULLA-USDTshort | +0.1226% | 4h | 0.1051 | −0.024% | — | $6.5M | — | |
| Gate BULLA_USDT | +0.1244% | 4h | 0.1054 | +0.254% | $1.3M | $343K | 10x | as long as short |
| Binance BULLAUSDTlong | +0.1247% | 4h | 0.1051 | long leg | $11.6M | $9.8M | 10x | |
| MEXC BULLA_USDT | +0.1252% | 4h | 0.1051 | −0.053% | $7.6M | $403K | 20x | as long as short |
Aster BULLAUSDT
Gate BULLA_USDT
MEXC BULLA_USDT