Funding you earn now, next payment 00:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.40 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance+0.115%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1391.391% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now +0.115%, 7d avg +0.032%
=The price spread pays, funding is against you. BingX is 0.083% dearer against Binance than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.032%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COLLECTUSDT | 0.01737 | 0.0522 | pay 0.0261% / 4h | 8m 07s | $5.0M | $1.8M | 20x |
| Short | BingX COLLECT-USDT | 0.01739 | 0.0442 | get 0.0221% / 4h | 8m 07s | — | $2.3M | — |
Binance COLLECTUSDT
BingX COLLECT-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
- −$16.75
- Price spread: +0.115% → +0.032%
- $8.28
- Slippage, 4 orders
- −$119.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$147.58
- Costs to cover
- 1.391%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 10 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, 15 min ago | 2.89 bp | 34.2 bp −$34 | 354.8 bp −$3,548 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.77 bp | 29.9 bp −$30 | 123.8 bp −$1,238 | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01737 | 0.000% | $347K | $25K | 5x | as long as short |
| KuCoin COLLECTUSDTM | +0.0100% | 4h | 0.01733 | −0.230% | $697K | $59K | 20x | as long as short |
| BingX COLLECT-USDTshort | +0.0442% | 4h | 0.01739 | +0.115% | — | $2.3M | — | |
| BloFin COLLECT-USDT | +0.0494% | 4h | 0.01736 | −0.058% | $322K | $6K | 20x | as long as short |
| MEXC COLLECT_USDT | +0.0506% | 4h | 0.01737 | 0.000% | $517K | $122K | 50x | as long as short |
| Extended COLLECT-USD | +0.0520% | 1h | 0.01737 | −0.005% | $6K | $191K | 5x | as long as short |
| Binance COLLECTUSDTlong | +0.0522% | 4h | 0.01737 | long leg | $5.0M | $1.8M | 20x | |
| Gate COLLECT_USDT | +0.0800% | 4h | 0.01738 | +0.058% | $251K | $46K | 20x | as long as short |
Aster COLLECTUSDT
KuCoin COLLECTUSDTM
BloFin COLLECT-USDT
MEXC COLLECT_USDT
Extended COLLECT-USD
Gate COLLECT_USDT