Funding you earn now, next payment 00:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.008%
Price spread now: BingX against BloFin+0.403%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1291.291% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.403%, 7d avg +0.187%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.216% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEEP-USDT | 0.01985 | 0.0090 | pay 0.0090% / 8h | 58m 28s | $139K | $34K | 50x |
| Short | BingX DEEP-USDT | 0.01993 | 0.0200 | get 0.0100% / 4h | 58m 28s | — | $6.6M | — |
BloFin DEEP-USDT
BingX DEEP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $23.03
- Price spread: +0.403% → +0.187%
- $21.56
- Slippage, 4 orders
- −$107.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$84.54
- Costs to cover
- 1.291%
- Break-even
- 32.7 days
Slippage from BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 5.04 bp | 31.7 bp −$32 | 121.5 bp −$1,215 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 7.55 bp | 32.2 bp −$32 | 92.5 bp −$925 | 645.3 bp −$64.5K | 1083.3 bp −$541.6K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.2088% | 1h | 0.01987 | +0.101% | $81K | $17K | 20x | as long as short |
| BloFin DEEP-USDTlong | +0.0090% | 8h | 0.01985 | long leg | $139K | $34K | 50x | |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01994 | +0.453% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01985 | 0.000% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01989 | +0.202% | $306K | $98K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01995 | +0.504% | $1.1M | $539K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01994 | +0.453% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01996 | +0.554% | $850K | $596K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01979 | −0.291% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01996 | +0.534% | $5K | $221K | 5x | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01993 | +0.403% | — | $6.6M | — | |
| Kraken Futures PF_DEEPUSD | +1.3525% | 1h | 0.02014 | +1.461% | $8K | $7K | 10x | as long as short |
Kraken Futures PF_DEEPUSD