Funding you earn now, next payment 04:00 UTC+0.0760%/8h= +83.2% APRnext payment +$3.80 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against Binance+0.030%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1261.260% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now +0.030%, 7d avg +0.069%
=Funding pays, the price is against you. BingX is 0.038% cheaper against Binance than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.069%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.048% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CUSDT | 0.07997 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $6.5M | $13.0M | 50x |
| Short | BingX C-USDT | 0.07999 | 0.0860 | get 0.0430% / 4h | 3h 46m | — | $2.4M | — |
Binance CUSDT
BingX C-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
- $159.6
- Price spread: +0.030% → +0.069%
- −$3.84
- Slippage, 4 orders
- −$106.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $29.71
- Costs to cover
- 1.260%
- Break-even
- 5.7 days
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 8 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 | 4.37 bp | 33.2 bp −$33 | 227.4 bp −$2,274 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 5.57 bp | 35.1 bp −$35 | 131.1 bp −$1,311 | 883.1 bp −$88.3K | 1361.3 bp −$680.6K |
C on 9 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 CUSDT | +0.0100% | 4h | 0.08002 | +0.069% | $37K | $97K | 5x | as long as short |
| Binance CUSDTlong | +0.0100% | 4h | 0.07997 | long leg | $6.5M | $13.0M | 50x | |
| MEXC C_USDT | +0.0100% | 4h | 0.07995 | −0.020% | $221K | $204K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.07966 | −0.382% | $641K | $150K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.07993 | −0.045% | $444K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08002 | +0.065% | $615 | $13K | — | as long as short |
| Gate C_USDT | +0.0450% | 4h | 0.08014 | +0.218% | $326K | $618K | 20x | as long as short |
| Bybit CUSDT | +0.0571% | 4h | 0.08000 | +0.043% | $1.2M | $1.8M | 13x | as long as short |
| BingX C-USDTshort | +0.0860% | 4h | 0.07999 | +0.030% | — | $2.4M | — |
Aster CUSDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
Gate C_USDT
Bybit CUSDT