Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against Binance−0.083%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1721.717% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.083%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.059% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COOKIEUSDT | 0.01246 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $2.1M | $9.6M | 20x |
| Short | BingX COOKIE-USDT | 0.01245 | 0.0100 | get 0.0050% / 4h | 2h 32m | — | $6.5M | — |
Binance COOKIEUSDT
BingX COOKIE-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
- $0
- Price spread: −0.083% → −0.024%
- −$5.91
- Slippage, 4 orders
- −$151.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$177.58
- Costs to cover
- 1.717%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; BingX: live order book, 4 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, 7 min ago | 2.39 bp | 42.9 bp −$43 | 380.3 bp −$3,803 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.47 bp | 32.8 bp −$33 | 208.6 bp −$2,086 | 451.5 bp −$45.1K | 619.6 bp −$309.8K |
COOKIE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDTlong | +0.0100% | 4h | 0.01246 | long leg | $2.1M | $9.6M | 20x | |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01242 | −0.300% | $862K | $1.5M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01244 | −0.148% | $124K | $234K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01245 | −0.067% | $620K | $368K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01244 | −0.148% | $228K | $162K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01247 | +0.093% | $361K | $311K | 5x | as long as short |
| BingX COOKIE-USDTshort | +0.0100% | 4h | 0.01245 | −0.083% | — | $6.5M | — | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01234 | −0.954% | $12K | $21K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0439% | 1h | 0.01248 | +0.158% | $12K | $40K | 10x | as long as short |
Bybit COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD