Funding you earn now, next payment 06:00 UTC−0.0823%/8h= −90.1% APRpaid last 24h −0.152%
Price spread now: BingX against Deribit+0.104%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. BingX is 0.104% dearer against Deribit than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit EDGEX_USDC-PERPETUAL | 0.5916 | 0.1277 | pay 0.0160% / 1h | 40m 08s | $101 | $100 | 10x |
| Short | BingX EDGEX-USDT | 0.5922 | 0.0454 | get 0.0227% / 4h | 2h 40m | — | $1.8M | — |
Deribit EDGEX_USDC-PERPETUAL
BingX EDGEX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$172.84
- Price spread: +0.104% → 0.000%
- $10.41
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$179.43
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 3 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 5.08 bp | 29.4 bp −$29 | 110.1 bp −$1,101 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EDGEX on 4 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 EDGEX_USDT | +0.0100% | 4h | 0.5906 | −0.166% | $582K | $238K | 50x | as long as short |
| Coinbase International EDGEX-PERP-INTX | +0.0312% | 1h | 0.5900 | −0.268% | $9K | $25K | 50x | as long as short |
| BingX EDGEX-USDTshort | +0.0454% | 4h | 0.5922 | +0.104% | — | $1.8M | — | |
| Deribit EDGEX_USDC-PERPETUALlong | +0.1277% | 1h | 0.5916 | long leg | $101 | $100 | 10x |
Gate EDGEX_USDT
Coinbase International EDGEX-PERP-INTX