Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.499%
Price spread now: Binance against BingX+0.064%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days−0.699%−$70 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.064%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.117% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.699%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ESP-USDT | 0.09394 | 0.0036 | pay 0.0018% / 4h | 2h 11m | — | $1.7M | — |
| Short | Binance ESPUSDT | 0.09400 | 0.0100 | get 0.0050% / 4h | 2h 11m | $2.4M | $4.3M | 25x |
BingX ESP-USDT
Binance ESPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $13.44
- Price spread: +0.064% → −0.053%
- $11.65
- Slippage, 4 orders
- −$58.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.8
- Costs to cover
- 0.789%
- Break-even
- 35.0 days
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 10 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, 5 min ago | 4.79 bp | 25.4 bp −$25 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.53 bp | 18.9 bp −$19 | 64.0 bp −$640 | doesn't fit | doesn't fit |
ESP on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDTlong | +0.0036% | 4h | 0.09394 | long leg | — | $1.7M | — | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09400 | +0.065% | $6K | $26K | 5x | as long as short |
| Binance ESPUSDTshort | +0.0100% | 4h | 0.09400 | +0.064% | $2.4M | $4.3M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09407 | +0.138% | $599K | $1.2M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09402 | +0.085% | $175K | $619K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09399 | +0.053% | $1.3M | $122K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09405 | +0.117% | $1.5M | $50K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09407 | +0.137% | $945K | $152K | 20x | as long as short |
| edgeX ESPUSDC | +0.0111% | 4h | 0.09399 | +0.058% | $29K | $269K | 10x | as long as short |
| Bybit ESPUSDT | +0.0830% | 4h | 0.09385 | −0.096% | $1.1M | $625K | 50x | as long as short |
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
Bybit ESPUSDT