Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.002%
Price spread now: BingX against Bullet−0.001%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Funding, last 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet ETH-USD | 2,737 | 0.0006 | pay 0.0001% / 1h | 31m 21s | $179K | $1.7M | 20x |
| Short | BingX ETH-USDT | 2,737 | 0.0056 | get 0.0056% / 8h | 4h 31m | — | $1.14B | — |
Bullet ETH-USD
BingX ETH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bullet. 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
- $10.48
- Price spread: −0.001% → 0.000%
- −$0.11
- Slippage, 4 orders
- −$3.34
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$10.97
- Costs to cover
- 0.213%
- Break-even
- 14.3 days
Slippage from Bullet: live order book, 3 min ago; BingX: live order book, 8 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 Bullet live order book, 3 min ago | 0.37 bp | 5.1 bp −$5 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.05 bp | 5.1 bp −$5 | 5.1 bp −$51 | 5.1 bp −$505 | 5.2 bp −$2,620 |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,736.5 | −0.017% | $298K | $5.6M | 8.3x | as long as short |
| Injective ETH/USDC PERP | −0.0141% | 1h | 2,730.9 | −0.223% | $117K | $22.5M | 52x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,735.9 | −0.040% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,737.5 | +0.018% | $12.0M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,737.5 | +0.020% | $10.8M | $41.7M | 50x | as long as short |
| 01 Exchange ETHUSD | 0.0000% | 1h | 2,737.7 | +0.026% | $188K | $821K | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,736.5 | −0.018% | $830K | $2.9M | 25x | as long as short |
| Bullet ETH-USDlong | +0.0006% | 1h | 2,737 | long leg | $179K | $1.7M | 20x | |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,737.5 | +0.019% | $28.1M | — | 200x | as long as short |
| ApeX Omni ETHUSDT | +0.0036% | 1h | 2,732.9 | −0.149% | $8.7M | $31.3M | 100x | as long as short |
Perpl ETH
Injective ETH/USDC PERP
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
dYdX ETH-USD
01 Exchange ETHUSD
Phoenix ETH
gTrade (Gains Network) ETH/USD
ApeX Omni ETHUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDTshort | +0.0056% | 8h | 2,737 | −0.001% | — | $1.14B | — | |
| HTX ETH-USDT | +0.0063% | 8h | 2,735 | −0.073% | $1.06B | $1.19B | 200x | as long as short |
| KuCoin ETHUSDTM | +0.0066% | 8h | 2,737.1 | +0.002% | $380.4M | $575.1M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0070% | 8h | 2,736.7 | −0.011% | $1.67B | $10.73B | 100x | as long as short |
| Phemex ETHUSDT | +0.0071% | 8h | 2,736.2 | −0.031% | $265.9M | $65.4M | 150x | as long as short |
| Bybit ETHUSDT | +0.0071% | 8h | 2,736.6 | −0.014% | $2.39B | $4.35B | 150x | as long as short |
| SoDEX ETH-USD | +0.0072% | 1h | 2,736.1 | −0.033% | $54.5M | $187.7M | 40x | as long as short |
| Aster ETHUSDT | +0.0084% | 8h | 2,737.1 | +0.004% | $251.1M | $844.0M | 200x | as long as short |
| MEXC ETH_USDT | +0.0088% | 8h | 2,737.3 | +0.011% | $1.53B | $2.56B | 500x | as long as short |
| Aevo ETH-PERP | +0.0088% | 1h | 2,733.3 | −0.135% | $4.9M | $155K | 20x | as long as short |
| Binance ETHUSDT | +0.0090% | 8h | 2,737 | 0.000% | $6.35B | $15.87B | 150x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,737.8 | +0.030% | $113.2M | $438.5M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,739 | +0.073% | $23.4M | $106.0M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0056% | 1h | 2,737.9 | +0.032% | — | $30.8M | 500x | as long as short |
| Paradex ETH-USD-PERP | +0.0098% | 8h | 2,741.3 | +0.156% | $15.5M | $8.0M | 50x | as long as short |
| RISEx ETH/USDC | +0.0099% | 1h | 2,737.9 | +0.033% | $5.6M | $11.6M | 25x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,737.2 | +0.007% | $501K | $3.2M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,737.3 | +0.012% | $13.8M | $104.4M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,739.8 | +0.102% | $3.11B | $2.05B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,738.3 | +0.048% | $32.0M | $334.3M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,736.4 | −0.022% | $2.7M | $17.0M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,737.9 | +0.034% | $1.6M | $16.3M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,728.7 | −0.305% | $166.6M | $310.3M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,737.1 | +0.003% | $3.35B | $8.87B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,737.3 | +0.011% | $2.07B | $2.74B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,736.4 | −0.024% | $15.0M | $39.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,726.6 | −0.382% | $133.1M | $325.4M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,729.6 | −0.269% | $183.6M | $671.6M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,730.3 | −0.245% | $158.8M | $86.8M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,735.6 | −0.051% | $21.1M | $68.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,737.9 | +0.032% | — | $843K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,738.9 | +0.069% | $11.2M | $9.1M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,737.5 | +0.018% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,737.6 | +0.023% | $41.3M | $29.8M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,735.1 | −0.068% | $958K | $11.4M | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.0101% | 1h | 2,737.5 | +0.019% | $260.2M | $196.6M | 50x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,736.5 | −0.018% | $30.3M | $72.7M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,737.7 | +0.027% | $51.3M | $4.27B | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0123% | 1h | 2,733.5 | −0.129% | $30K | $20K | 20x | as long as short |
| Kalshi KXETHPERP | +0.0145% | 8h | 2,736 | −0.037% | $6.6M | $678.5M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0193% | 8h | 2,739.4 | +0.088% | $32.2M | $11.5M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0221% | 1h | 2,736.4 | −0.021% | $7.3M | $1.2M | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0222% | 1h | 2,737 | −0.001% | $83.5M | $314.8M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0256% | 1h | 2,734.9 | −0.075% | $253K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0350% | 8h | 2,734 | −0.110% | $283.4M | $175.7M | 150x | as long as short |
HTX ETH-USDT
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Bybit ETHUSDT
SoDEX ETH-USD
Aster ETHUSDT
MEXC ETH_USDT
Aevo ETH-PERP
Binance ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Paradex ETH-USD-PERP
RISEx ETH/USDC
Katana Perps ETH-USD
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Deribit ETH-PERPETUAL
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Aftermath Perps ETHUSD
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
Reya ETHRUSDPERP
Kraken Futures PF_ETHUSD
Hibachi ETH/USDT-P
BloFin ETH-USDT