Funding you earn now, next payment 00:00 UTC+0.3591%/8h= +393.2% APRnext payment +$35.91 per $10,000 · paid last 24h +0.430%
Price spread now: BingX against Binance−0.186%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 2 days (all we have)+0.505%+$50 on $10k
+Price spread, last 2 days (all we have)+0.485%+$48 · spread now −0.186%, 7d avg +0.077%
=Funding pays, the price is against you. BingX is 0.263% cheaper against Binance than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of +0.077%). If the spread goes back, that is −$26 on $10k: about 6 hours of funding at the current rate (+$108 a day). At the pace of the last 2 days (+0.505% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid 0.505% in total (about 96.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$35.91 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 CELRUSDT | 0.003277 | −0.9406 | get 0.9406% / 8h | 1h 55m | $3.7M | $58.2M | 25x |
| Short | BingX CELR-USDT | 0.003271 | −0.5815 | pay 0.5815% / 8h | 1h 55m | — | $2.7M | — |
Binance CELRUSDT
BingX CELR-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
- $754.04
- Price spread: −0.186% → +0.077%
- −$26.29
- Slippage, 4 orders
- −$66.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $640.89
- Costs to cover
- 0.869%
- Break-even
- 1.1 days
Slippage from Binance: live order book, 2 min ago; BingX: live order book, 9 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, 2 min ago | 1.53 bp | 19.0 bp −$19 | 101.0 bp −$1,010 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.11 bp | 26.4 bp −$26 | 62.2 bp −$622 | 408.9 bp −$40.9K | 494.4 bp −$247.2K |
CELR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.9440% | 1h | 0.003271 | −0.189% | $37K | $69K | 10x | as long as short |
| BloFin CELR-USDT | −0.9410% | 8h | 0.003274 | −0.095% | $346K | $520K | 25x | as long as short |
| Binance CELRUSDTlong | −0.9406% | 8h | 0.003277 | long leg | $3.7M | $58.2M | 25x | |
| MEXC CELR_USDT | −0.9401% | 8h | 0.003279 | +0.058% | $508K | $1.7M | 50x | as long as short |
| Gate CELR_USDT | −0.9017% | 8h | 0.003281 | +0.119% | $223K | $1.4M | 25x | as long as short |
| KuCoin CELRUSDTM | −0.8889% | 8h | 0.003278 | +0.027% | $401K | $4.4M | 25x | as long as short |
| Bitget CELRUSDT | −0.8318% | 8h | 0.003277 | −0.003% | $590K | $6.3M | 25x | as long as short |
| BingX CELR-USDTshort | −0.5815% | 8h | 0.003271 | −0.186% | — | $2.7M | — |
Kraken Futures PF_CELRUSD
BloFin CELR-USDT
MEXC CELR_USDT
Gate CELR_USDT
KuCoin CELRUSDTM
Bitget CELRUSDT