Funding you earn now, next payment 08:00 UTC+0.0838%/8h= +91.8% APRnext payment +$4.19 per $10,000 · paid last 24h +0.144%
Price spread now: BingX against Binance+0.036%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1371.366% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.036%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and BingX is 0.071% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.423% in total (about 22.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ELSAUSDT | 0.05616 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $1.3M | $1.2M | 20x |
| Short | BingX ELSA-USDT | 0.05618 | 0.0938 | get 0.0469% / 4h | 2h 42m | — | $1.3M | — |
Binance ELSAUSDT
BingX ELSA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $175.98
- Price spread: +0.036% → −0.036%
- $7.14
- Slippage, 4 orders
- −$116.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $46.55
- Costs to cover
- 1.366%
- Break-even
- 5.1 days
Slippage from Binance: live order book, 5 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 Binance live order book, 5 min ago | 2.67 bp | 38.3 bp −$38 | 421.3 bp −$4,213 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.97 bp | 35.6 bp −$36 | 196.5 bp −$1,965 | doesn't fit | doesn't fit |
ELSA on 9 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 ELSAUSDTlong | +0.0100% | 4h | 0.05616 | long leg | $1.3M | $1.2M | 20x | |
| Gate ELSA_USDT | +0.0100% | 4h | 0.05618 | +0.036% | $145K | $48K | 20x | as long as short |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05617 | +0.018% | $507K | $122K | 50x | as long as short |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05611 | −0.089% | $186K | $23K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05616 | −0.009% | $1K | $461 | — | as long as short |
| Bitget ELSAUSDT | +0.0302% | 4h | 0.05618 | +0.036% | $468K | $164K | 20x | as long as short |
| Aster ELSAUSDT | +0.0329% | 4h | 0.05607 | −0.160% | $32K | $5K | 5x | as long as short |
| BingX ELSA-USDTshort | +0.0938% | 4h | 0.05618 | +0.036% | — | $1.3M | — | |
| Bybit ELSAUSDT | +0.1056% | 4h | 0.05613 | −0.053% | $830K | $295K | 20x | as long as short |
Gate ELSA_USDT
MEXC ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Bitget ELSAUSDT
Aster ELSAUSDT
Bybit ELSAUSDT