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: Binance against BingX+0.084%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as 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−0.048%−$5 · spread now +0.084%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.059% dearer against BingX than usual: you sell high and buy low, +$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 | BingX COOKIE-USDT | 0.01245 | 0.0100 | pay 0.0050% / 4h | 2h 32m | — | $6.5M | — |
| Short | Binance COOKIEUSDT | 0.01246 | 0.0100 | get 0.0050% / 4h | 2h 32m | $2.1M | $9.6M | 20x |
BingX COOKIE-USDT
Binance COOKIEUSDTFunding 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
- $0
- Price spread: +0.084% → +0.024%
- $5.92
- Slippage, 4 orders
- −$151.67
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$165.75
- Costs to cover
- 1.717%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 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, 4 min ago | 6.47 bp | 43.7 bp −$44 | 242.8 bp −$2,428 | 693.8 bp −$69.4K | 883.3 bp −$441.6K |
| Sell Binance live order book, 7 min ago | 2.39 bp | 52.2 bp −$52 | 279.2 bp −$2,792 | doesn't fit | doesn't fit |
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 COOKIEUSDTshort | +0.0100% | 4h | 0.01246 | +0.084% | $2.1M | $9.6M | 20x | |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01242 | −0.217% | $862K | $1.5M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01244 | −0.064% | $124K | $234K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01245 | +0.016% | $620K | $368K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01244 | −0.064% | $228K | $162K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01247 | +0.177% | $361K | $311K | 5x | as long as short |
| BingX COOKIE-USDTlong | +0.0100% | 4h | 0.01245 | long leg | — | $6.5M | — | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01234 | −0.871% | $12K | $21K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0439% | 1h | 0.01248 | +0.242% | $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