Funding you earn now, next payment 00:00 UTC−0.2789%/8h= −305.4% APRnext payment −$27.89 per $10,000 · paid last 24h −0.430%
Price spread now: Binance against BingX+0.060%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 2 days (all we have)−0.505%−$50 on $10k
+Price spread, last 2 days (all we have)−0.772%−$77 · spread now +0.060%, 7d avg −0.074%
=The price spread pays, funding is against you. Binance is 0.134% dearer against BingX than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.074%): +$13 on $10k if it goes back. Holding the pair costs −$84 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 2 days (−0.505% in total) that is about 13 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 -93.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$27.89 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 CELR-USDT | 0.003336 | −0.4960 | get 0.4960% / 8h | 35m 07s | — | $2.7M | — |
| Short | Binance CELRUSDT | 0.003338 | −0.7749 | pay 0.7749% / 8h | 35m 07s | $3.8M | $55.4M | 25x |
BingX CELR-USDT
Binance CELRUSDTFunding 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
- −$585.6
- Price spread: +0.060% → −0.074%
- $13.36
- Slippage, 4 orders
- −$57.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$649.76
- Costs to cover
- 0.775%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Binance: live order book, 7 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, 15 min ago | 1.49 bp | 27.7 bp −$28 | 66.7 bp −$667 | 446.6 bp −$44.7K | 503.0 bp −$251.5K |
| Sell Binance live order book, 7 min ago | 1.50 bp | 21.5 bp −$22 | 103.0 bp −$1,030 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CELR_USDT | −0.7794% | 8h | 0.003338 | +0.060% | $564K | $1.7M | 50x | as long as short |
| Binance CELRUSDTshort | −0.7749% | 8h | 0.003338 | +0.060% | $3.8M | $55.4M | 25x | |
| BloFin CELR-USDT | −0.7731% | 8h | 0.003338 | +0.060% | $356K | $514K | 25x | as long as short |
| KuCoin CELRUSDTM | −0.7275% | 8h | 0.003335 | −0.030% | $381K | $4.3M | 25x | as long as short |
| Bitget CELRUSDT | −0.6978% | 8h | 0.003336 | 0.000% | $592K | $5.8M | 25x | as long as short |
| Kraken Futures PF_CELRUSD | −0.6934% | 1h | 0.003328 | −0.236% | $38K | $61K | 10x | as long as short |
| Gate CELR_USDT | −0.6847% | 8h | 0.003337 | +0.030% | $225K | $1.4M | 25x | as long as short |
| BingX CELR-USDTlong | −0.4960% | 8h | 0.003336 | long leg | — | $2.7M | — |
MEXC CELR_USDT
BloFin CELR-USDT
KuCoin CELRUSDTM
Bitget CELRUSDT
Kraken Futures PF_CELRUSD
Gate CELR_USDT