Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.116%
Price spread now: Binance against BingX+0.043%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$900.905% of the position
Funding, last 7 days+0.655%+$66 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.043%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.028% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CAP-USDT | 0.04626 | 0.0070 | pay 0.0035% / 4h | 56m 51s | — | $1.6M | — |
| Short | Binance CAPUSDT | 0.04628 | 0.0100 | get 0.0050% / 4h | 56m 51s | $8.9M | $9.0M | 10x |
BingX CAP-USDT
Binance CAPUSDTFunding 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
- $6.3
- Price spread: +0.043% → +0.015%
- $2.8
- Slippage, 4 orders
- −$70.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$81.38
- Costs to cover
- 0.905%
- Break-even
- 97.4 days
Slippage from BingX: live order book, 4 min ago; Binance: live order book, 13 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 | 3.26 bp | 20.6 bp −$21 | 73.2 bp −$732 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.08 bp | 25.1 bp −$25 | 112.1 bp −$1,121 | doesn't fit | doesn't fit |
CAP on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0374% | 4h | 0.04625 | −0.022% | $4.4M | $1.4M | 10x | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04618 | −0.171% | — | — | 150x | as long as short |
| BingX CAP-USDTlong | +0.0070% | 4h | 0.04626 | long leg | — | $1.6M | — | |
| Lighter CAP | +0.0096% | 1h | 0.04618 | −0.177% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04622 | −0.083% | $26K | $67K | 5x | as long as short |
| Binance CAPUSDTshort | +0.0100% | 4h | 0.04628 | +0.043% | $8.9M | $9.0M | 10x | |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04628 | +0.043% | $4.5M | $4.2M | 10x | as long as short |
| OKX CAP-USDT-SWAP | +0.0100% | 4h | 0.04627 | +0.022% | $2.1M | $7.3M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04622 | −0.086% | $325K | $1.2M | 20x | as long as short |
| MEXC CAP_USDT | +0.0100% | 4h | 0.04626 | 0.000% | $548K | $225K | 20x | as long as short |
KuCoin CAPUSDTM
gTrade (Gains Network) CAP/USD
Lighter CAP
Aster CAPUSDT
Bybit CAPUSDT
OKX CAP-USDT-SWAP
Gate CAP_USDT
MEXC CAP_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAPUSDT | +0.0100% | 4h | 0.04626 | 0.000% | $1.1M | $595K | 10x | as long as short |
| Variational Omni CAP | +0.0100% | 4h | 0.04605 | −0.453% | $8K | $8K | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04614 | −0.270% | $4K | $1K | 10x | as long as short |
| BloFin CAP-USDT | +0.0101% | 4h | 0.04624 | −0.043% | $374K | $60K | 10x | as long as short |
Bitget CAPUSDT
Variational Omni CAP
Orderly PERP_CAP_USDC_mythos
BloFin CAP-USDT