Funding you earn now, next payment 08:00 UTC−0.0562%/8h= −61.6% APRnext payment −$2.81 per $10,000 · paid last 24h −0.128%
Price spread now: Binance against BingX−0.173%7-day average +0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1721.718% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days+0.282%+$28 · spread now −0.173%, 7d avg +0.104%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Binance is 0.277% cheaper against BingX than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.104%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 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 CARV-USDT | 0.04614 | 0.0800 | pay 0.0400% / 4h | 3h 12m | — | $1.4M | — |
| Short | Binance CARVUSDT | 0.04606 | 0.0238 | get 0.0119% / 4h | 3h 12m | $1.8M | $11.0M | 50x |
BingX CARV-USDT
Binance CARVUSDTFunding 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
- −$118.06
- Price spread: −0.173% → +0.104%
- −$27.74
- Slippage, 4 orders
- −$151.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$317.55
- Costs to cover
- 1.718%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 12 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, 3 min ago | 11.73 bp | 49.3 bp −$49 | 177.3 bp −$1,773 | 742.7 bp −$74.3K | 1296.9 bp −$648.4K |
| Sell Binance live order book, 12 min ago | 5.38 bp | 39.0 bp −$39 | 167.4 bp −$1,674 | doesn't fit | doesn't fit |
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 | −0.0172% | 4h | 0.04671 | +1.228% | $494 | $2K | — | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04596 | −0.390% | $1.1M | $2.6M | 20x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04614 | 0.000% | $127K | $150K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04608 | −0.130% | $180K | $45K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04612 | −0.043% | $783K | $954K | 25x | as long as short |
| MEXC CARV_USDT | +0.0230% | 4h | 0.04612 | −0.043% | $246K | $234K | 20x | as long as short |
| Binance CARVUSDTshort | +0.0238% | 4h | 0.04606 | −0.173% | $1.8M | $11.0M | 50x | |
| BingX CARV-USDTlong | +0.0800% | 4h | 0.04614 | long leg | — | $1.4M | — |
Variational Omni CARV
Bybit CARVUSDT
Gate CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT
MEXC CARV_USDT