Funding you earn now, next payment 04:00 UTC−0.0474%/8h= −51.9% APRnext payment −$2.37 per $10,000 · paid last 24h −0.257%
Price spread now: Binance against BingX+0.290%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 6 days (all we have)−0.951%−$95 on $10k
+Price spread, last 6 days (all we have)−0.327%−$33 · spread now +0.290%, 7d avg −0.065%
=The price spread pays, funding is against you. Binance is 0.355% dearer against BingX than usual: you sell high and buy low (spread +0.290% now, against its 7-day average of −0.065%): +$35 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVC-USDT | 0.02755 | 0.0574 | pay 0.0287% / 4h | 1h 18m | — | $2.4M | — |
| Short | Binance CVCUSDT | 0.02763 | 0.0100 | get 0.0050% / 4h | 1h 18m | $3.0M | $5.7M | 50x |
BingX CVC-USDT
Binance CVCUSDTFunding 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
- −$99.54
- Price spread: +0.290% → −0.065%
- $35.49
- Slippage, 4 orders
- −$50.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$134.83
- Costs to cover
- 0.708%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 5 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, 6 min ago | 5.46 bp | 14.1 bp −$14 | 57.8 bp −$578 | 719.4 bp −$71.9K | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.82 bp | 17.6 bp −$18 | 69.7 bp −$697 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDTshort | +0.0100% | 4h | 0.02763 | +0.290% | $3.0M | $5.7M | 50x | |
| Gate CVC_USDT | +0.0100% | 4h | 0.02758 | +0.109% | $217K | $313K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02762 | +0.254% | $660K | $132K | 20x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02760 | +0.181% | $451K | $464K | 50x | as long as short |
| KuCoin CVCUSDTM | +0.0196% | 4h | 0.02767 | +0.436% | $1.4M | $416K | 30x | as long as short |
| Variational Omni CVC | +0.0493% | 1h | 0.02743 | −0.436% | $1K | $370 | — | as long as short |
| BingX CVC-USDTlong | +0.0574% | 4h | 0.02755 | long leg | — | $2.4M | — | |
| Bybit CVCUSDT | +0.3492% | 1h | 0.02746 | −0.327% | $1.7M | $1.6M | 25x | as long as short |
Gate CVC_USDT
MEXC CVC_USDT
Bitget CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC
Bybit CVCUSDT