Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against BingX+0.120%96s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.813% of the position
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 4 days (all we have)+0.208%+$21 · spread now +0.120%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.142% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.022%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CC-USDT | 0.1166 | 0.0100 | pay 0.0050% / 4h | 53m 34s | — | $6.6M | — |
| Short | BloFin CC-USDT | 0.1168 | 0.0340 | get 0.0170% / 4h | 53m 34s | $598K | $98K | 75x |
BingX CC-USDT
BloFin CC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: +0.120% → −0.022%
- $14.24
- Slippage, 4 orders
- −$59.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.7
- Costs to cover
- 0.813%
- Break-even
- 9.3 days
Slippage from BingX: live order book, 13 min ago; BloFin: live order book, 48 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, 13 min ago | 5.55 bp | 24.2 bp −$24 | 73.2 bp −$732 | 455.5 bp −$45.5K | 1214.8 bp −$607.4K |
| Sell BloFin live order book, 48 min ago | 3.42 bp | 18.1 bp −$18 | 50.3 bp −$503 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3024% | 1h | 0.1180 | +1.183% | $402 | $3K | 5.5x | as long as short |
| Bybit CCUSDT | −0.0147% | 4h | 0.1166 | +0.009% | $10.6M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0146% | 4h | 0.1167 | +0.051% | $1.7M | $323K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1166 | −0.050% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1169 | +0.266% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1169 | +0.198% | $34K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1167 | +0.094% | $11.0M | $12.1M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1165 | −0.069% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1166 | −0.009% | $361K | $216K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1168 | +0.129% | $481K | $122K | 50x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1166 | −0.026% | $913K | $772K | 20x | as long as short |
| BingX CC-USDTlong | +0.0100% | 4h | 0.1166 | long leg | — | $6.6M | — | |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1167 | +0.086% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1168 | +0.168% | $594K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1168 | +0.128% | $90K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1166 | +0.020% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1168 | +0.120% | $598K | $98K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0447% / S −0.0241% | 1h | 0.1168 | +0.176% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0928% | 1h | 0.1173 | +0.617% | $243K | $160K | 5x | as long as short |
Bitget CCUSDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Lighter CC