Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin−0.440%81s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as 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−$1731.729% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.671%+$67 · spread now −0.440%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.462% cheaper against BloFin than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.023%). Swap the legs. The two prices were read 81 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 | BloFin COLLECT-USDT | 0.01820 | 0.0213 | pay 0.0106% / 4h | 2h 19m | $333K | $6K | 20x |
| Short | BingX COLLECT-USDT | 0.01812 | 0.0156 | get 0.0078% / 4h | 2h 19m | — | $2.3M | — |
BloFin COLLECT-USDT
BingX COLLECT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$11.95
- Price spread: −0.440% → +0.023%
- −$46.25
- Slippage, 4 orders
- −$150.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$231.14
- Costs to cover
- 1.729%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 14 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 BloFin live order book, 5 min ago | 2.77 bp | 34.8 bp −$35 | 215.4 bp −$2,154 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 8.30 bp | 41.1 bp −$41 | 154.7 bp −$1,547 | 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 | 0.01810 | −0.548% | $359K | $29K | 5x | as long as short |
| Gate COLLECT_USDT | +0.0100% | 4h | 0.01817 | −0.165% | $262K | $60K | 20x | as long as short |
| BingX COLLECT-USDTshort | +0.0156% | 4h | 0.01812 | −0.440% | — | $2.3M | — | |
| MEXC COLLECT_USDT | +0.0158% | 4h | 0.01809 | −0.604% | $549K | $125K | 50x | as long as short |
| Binance COLLECTUSDT | +0.0159% | 4h | 0.01810 | −0.526% | $5.1M | $2.0M | 20x | as long as short |
| Extended COLLECT-USD | +0.0160% | 1h | 0.01809 | −0.631% | $6K | $206K | 5x | as long as short |
| BloFin COLLECT-USDTlong | +0.0213% | 4h | 0.01820 | long leg | $333K | $6K | 20x | |
| KuCoin COLLECTUSDTM | +0.0588% | 4h | 0.01807 | −0.714% | $736K | $67K | 20x | as long as short |
Aster COLLECTUSDT
Gate COLLECT_USDT
MEXC COLLECT_USDT
Binance COLLECTUSDT
Extended COLLECT-USD
KuCoin COLLECTUSDTM