Funding you earn now, next payment 04:00 UTC−0.1166%/8h= −127.7% APRnext payment −$5.83 per $10,000 · paid last 24h −0.034%
Price spread now: Binance against BingX0.000%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days−0.099%−$10 · spread now 0.000%, 7d avg −0.068%
=The price spread pays, funding is against you. Binance is 0.068% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.068%): +$7 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.048% in total) that is about 10.0 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 −$5.83 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 | BingX C-USDT | 0.08049 | 0.1266 | pay 0.0633% / 4h | 1h 20m | — | $2.4M | — |
| Short | Binance CUSDT | 0.08049 | 0.0100 | get 0.0050% / 4h | 1h 20m | $6.6M | $12.0M | 50x |
BingX C-USDT
Binance CUSDTFunding 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
- −$244.86
- Price spread: 0.000% → −0.068%
- $6.8
- Slippage, 4 orders
- −$112.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$370.78
- Costs to cover
- 1.327%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Binance: live order book, 5 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, 4 min ago | 4.36 bp | 34.1 bp −$34 | 113.6 bp −$1,136 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.25 bp | 32.2 bp −$32 | 185.3 bp −$1,853 | doesn't fit | doesn't fit |
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 | 0.08035 | −0.168% | $32K | $104K | 5x | as long as short |
| Binance CUSDTshort | +0.0100% | 4h | 0.08049 | 0.000% | $6.6M | $12.0M | 50x | |
| MEXC C_USDT | +0.0100% | 4h | 0.08049 | 0.000% | $213K | $201K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08019 | −0.373% | $647K | $142K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.08051 | +0.025% | $453K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08040 | −0.112% | $619 | $13K | — | as long as short |
| Gate C_USDT | +0.0566% | 4h | 0.08050 | +0.012% | $329K | $521K | 20x | as long as short |
| Bybit CUSDT | +0.1253% | 4h | 0.08050 | +0.012% | $1.2M | $1.8M | 13x | as long as short |
| BingX C-USDTlong | +0.1266% | 4h | 0.08049 | long leg | — | $2.4M | — |
Aster CUSDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
Gate C_USDT
Bybit CUSDT