Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against BloFin+0.216%66s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$720.725% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 3 days (all we have)−0.427%−$43 · spread now +0.216%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.206% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.010%. The two prices were read 66 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 | BloFin DYDX-USDT | 0.1388 | 0.0072 | pay 0.0072% / 8h | 2h 34m | $302K | $16K | 75x |
| Short | BingX DYDX-USDT | 0.1391 | 0.0100 | get 0.0100% / 8h | 2h 34m | — | $8.0M | — |
BloFin DYDX-USDT
BingX DYDX-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
- $5.8
- Price spread: +0.216% → +0.010%
- $20.62
- Slippage, 4 orders
- −$50.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.06
- Costs to cover
- 0.725%
- Break-even
- 62.5 days
Slippage from BloFin: live order book, 50 min ago; BingX: live order book, 9 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, 50 min ago | 3.63 bp | 19.6 bp −$20 | 64.9 bp −$649 | 343.4 bp −$34.3K | doesn't fit |
| Sell BingX live order book, 9 min ago | 10.83 bp | 21.3 bp −$21 | 54.8 bp −$548 | 326.1 bp −$32.6K | 577.3 bp −$288.6K |
DYDX on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DYDX/USDC PERP | −0.0395% | 1h | 0.1385 | −0.216% | $6K | $51K | 12x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1391 | +0.216% | — | — | 25x | as long as short |
| BloFin DYDX-USDTlong | +0.0072% | 8h | 0.1388 | long leg | $302K | $16K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1392 | +0.274% | $64K | $46K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1393 | +0.389% | $2.1M | $723K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1391 | +0.219% | $6K | $12K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1391 | +0.225% | $5.3M | $8.5M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1390 | +0.159% | $4.7M | $2.4M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1392 | +0.267% | $2.2M | $3.5M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1393 | +0.360% | $53K | $19K | 5x | as long as short |
Injective DYDX/USDC PERP
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate DYDX_USDT | +0.0100% | 8h | 0.1391 | +0.216% | $394K | $489K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1391 | +0.216% | $3.4M | $815K | 125x | as long as short |
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1392 | +0.288% | $2.4M | $4.1M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1391 | +0.216% | $1.4M | $1.2M | 10x | as long as short |
| BingX DYDX-USDTshort | +0.0100% | 8h | 0.1391 | +0.216% | — | $8.0M | — | |
| Extended DYDX-USD | +0.0104% | 1h | 0.1392 | +0.265% | $3K | $109K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1391 | +0.223% | $50K | — | 3x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1391 | +0.249% | $944 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0349% | 1h | 0.1392 | +0.282% | $326K | $322K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0968% | 1h | 0.1390 | +0.144% | $17K | $29K | 50x | as long as short |
| dYdX DYDX-USD | +0.2516% | 1h | 0.1391 | +0.211% | $79K | $2K | 5x | as long as short |
Gate DYDX_USDT
MEXC DYDX_USDT
KuCoin DYDXUSDTM
Bitget DYDXUSDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD