Funding you earn now, next payment 00:00 UTC+0.0277%/8h= +30.3% APRnext payment +$1.38 per $10,000 · paid last 24h +0.380%
Price spread now: BingX against Binance−0.254%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 6 days (all we have)+0.951%+$95 on $10k
+Price spread, last 6 days (all we have)+0.299%+$30 · spread now −0.254%, 7d avg +0.070%
=Funding pays, the price is against you. BingX is 0.324% cheaper against Binance than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of +0.070%). If the spread goes back, that is −$32 on $10k: about 3.9 days of funding at the current rate (+$8 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CVCUSDT | 0.02756 | 0.0027 | pay 0.0014% / 4h | 33m 08s | $3.0M | $5.7M | 50x |
| Short | BingX CVC-USDT | 0.02749 | 0.0304 | get 0.0152% / 4h | 33m 08s | — | $2.4M | — |
Funding 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
- $58.09
- Price spread: −0.254% → +0.070%
- −$32.38
- Slippage, 4 orders
- −$46.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$40.85
- Costs to cover
- 0.666%
- Break-even
- 11.9 days
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 1 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, 5 min ago | 1.81 bp | 20.7 bp −$21 | 83.5 bp −$835 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.64 bp | 12.4 bp −$12 | 45.2 bp −$452 | 684.4 bp −$68.4K | 1250.7 bp −$625.3K |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0488% | 4h | 0.02758 | +0.073% | $221K | $330K | 25x | as long as short |
| Bitget CVCUSDT | −0.0128% | 4h | 0.02755 | −0.036% | $456K | $497K | 50x | as long as short |
| MEXC CVC_USDT | +0.0024% | 4h | 0.02756 | 0.000% | $657K | $121K | 20x | as long as short |
| Binance CVCUSDTlong | +0.0027% | 4h | 0.02756 | long leg | $3.0M | $5.7M | 50x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02758 | +0.073% | $1.4M | $430K | 30x | as long as short |
| BingX CVC-USDTshort | +0.0304% | 4h | 0.02749 | −0.254% | — | $2.4M | — | |
| Bybit CVCUSDT | +0.1828% | 1h | 0.02735 | −0.762% | $1.7M | $1.5M | 25x | as long as short |
| Variational Omni CVC | +0.1849% | 1h | 0.02737 | −0.701% | $1K | $370 | — | as long as short |
Binance CVCUSDT
BingX CVC-USDT
Gate CVC_USDT
Bitget CVCUSDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Bybit CVCUSDT
Variational Omni CVC