Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.017%
Price spread now: BloFin against BingX0.000%111s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as 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−$1211.212% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now 0.000%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.022% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour. The two prices were read 111 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 | BingX CYBER-USDT | 0.3299 | 0.0100 | pay 0.0050% / 4h | 1h 59m | — | $2.3M | — |
| Short | BloFin CYBER-USDT | 0.3299 | 0.0116 | get 0.0058% / 4h | 1h 59m | $109K | $4K | 50x |
BingX CYBER-USDT
BloFin CYBER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $3.26
- Price spread: 0.000% → −0.022%
- $2.18
- Slippage, 4 orders
- −$99.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.77
- Costs to cover
- 1.212%
- Break-even
- 255.3 days
Slippage from BingX: live order book, 4 min ago; BloFin: 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 | 7.58 bp | 38.8 bp −$39 | 130.4 bp −$1,304 | 470.3 bp −$47.0K | 511.4 bp −$255.7K |
| Sell BloFin live order book, 7 min ago | 4.55 bp | 26.6 bp −$27 | 90.5 bp −$905 | doesn't fit | doesn't fit |
CYBER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CYBERUSD | +0.0043% | 1h | 0.3299 | +0.013% | $10K | $4K | 10x | as long as short |
| Aster CYBERUSDT | +0.0100% | 4h | 0.3300 | +0.032% | $14K | $4K | 5x | as long as short |
| Binance CYBERUSDT | +0.0100% | 4h | 0.3297 | −0.073% | $1.7M | $2.4M | 50x | as long as short |
| Bybit CYBERUSDT | +0.0100% | 4h | 0.3295 | −0.121% | $917K | $519K | 25x | as long as short |
| Gate CYBER_USDT | +0.0100% | 8h | 0.3300 | +0.030% | $147K | $266K | 40x | as long as short |
| MEXC CYBER_USDT | +0.0100% | 4h | 0.3297 | −0.061% | $289K | $80K | 50x | as long as short |
| KuCoin CYBERUSDTM | +0.0100% | 4h | 0.3305 | +0.182% | $513K | $107K | 30x | as long as short |
| Bitget CYBERUSDT | +0.0100% | 4h | 0.3299 | 0.000% | $296K | $238K | 50x | as long as short |
| BingX CYBER-USDTlong | +0.0100% | 4h | 0.3299 | long leg | — | $2.3M | — | |
| Variational Omni CYBER | +0.0100% | 4h | 0.3297 | −0.049% | $466 | $1 | — | as long as short |
Kraken Futures PF_CYBERUSD
Aster CYBERUSDT
Binance CYBERUSDT
Bybit CYBERUSDT
Gate CYBER_USDT
MEXC CYBER_USDT
KuCoin CYBERUSDTM
Bitget CYBERUSDT
Variational Omni CYBERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CYBER-USDTshort | +0.0116% | 4h | 0.3299 | 0.000% | $109K | $4K | 50x |