Funding you earn now, next payment 04:00 UTC+0.0700%/8h= +76.6% APRnext payment +$3.50 per $10,000 · paid last 24h +0.128%
Price spread now: BingX against Binance−0.022%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now −0.022%, 7d avg −0.102%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and BingX is 0.080% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.102%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.50 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 CARVUSDT | 0.04579 | 0.0100 | pay 0.0050% / 4h | 2m 46s | $1.9M | $8.8M | 50x |
| Short | BingX CARV-USDT | 0.04578 | 0.0800 | get 0.0400% / 4h | 2m 46s | — | $1.3M | — |
Binance CARVUSDT
BingX CARV-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
- $147
- Price spread: −0.022% → −0.102%
- $8.02
- Slippage, 4 orders
- −$137.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2.79
- Costs to cover
- 1.578%
- Break-even
- 7.1 days
Slippage from Binance: live order book, 33 min ago; BingX: 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 Binance live order book, 33 min ago | 4.44 bp | 41.2 bp −$41 | 212.5 bp −$2,125 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 9.63 bp | 32.0 bp −$32 | 142.7 bp −$1,427 | 633.9 bp −$63.4K | 1273.2 bp −$636.6K |
CARV 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | −0.0043% | 4h | 0.04566 | −0.280% | $507 | $2K | — | as long as short |
| Binance CARVUSDTlong | +0.0100% | 4h | 0.04579 | long leg | $1.9M | $8.8M | 50x | |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04561 | −0.393% | $1.1M | $2.2M | 20x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04580 | +0.022% | $122K | $125K | 20x | as long as short |
| MEXC CARV_USDT | +0.0100% | 4h | 0.04585 | +0.131% | $160K | $197K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04576 | −0.066% | $179K | $45K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04581 | +0.044% | $789K | $816K | 25x | as long as short |
| BingX CARV-USDTshort | +0.0800% | 4h | 0.04578 | −0.022% | — | $1.3M | — |
Variational Omni CARV
Bybit CARVUSDT
Gate CARV_USDT
MEXC CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT