Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against BingX+0.078%7-day average −0.031% · 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−$74as in the Price arb table
costs, in and out, $10k−$850.852% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 3 days (all we have)+0.362%+$36 · spread now +0.078%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.109% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.083%, 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 EUL-USDT | 1.4064 | 0.0100 | pay 0.0050% / 4h | 2h 52m | — | $6.5M | — |
| Short | BloFin EUL-USDT | 1.4075 | 0.0154 | get 0.0077% / 4h | 2h 52m | $301K | $7K | 25x |
BingX EUL-USDT
BloFin EUL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $11.26
- Price spread: +0.078% → −0.031%
- $10.95
- Slippage, 4 orders
- −$63.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63
- Costs to cover
- 0.852%
- Break-even
- 46.2 days
Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 31 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, 14 min ago | 3.54 bp | 22.4 bp −$22 | 86.2 bp −$862 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 0.35 bp | 16.3 bp −$16 | 55.7 bp −$557 | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EULUSDT | +0.0100% | 4h | 1.4080 | +0.112% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4060 | −0.028% | $3.2M | $4.6M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4070 | +0.043% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4081 | +0.121% | $307K | $699K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4058 | −0.043% | $504K | $126K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4080 | +0.114% | $2.2M | $255K | 25x | as long as short |
| BingX EUL-USDTlong | +0.0100% | 4h | 1.4064 | long leg | — | $6.5M | — | |
| Variational Omni EUL | +0.0100% | 4h | 1.4083 | +0.135% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0108% | 4h | 1.4093 | +0.208% | $24K | $262K | 10x | as long as short |
| BloFin EUL-USDTshort | +0.0154% | 4h | 1.4075 | +0.078% | $301K | $7K | 25x |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin EULUSDTM | +0.0638% | 4h | 1.4091 | +0.192% | $307K | $59K | 25x | as long as short |
| HTX EUL-USDT | +0.0714% | 4h | 1.4103 | +0.277% | $128K | $43K | 10x | as long as short |
KuCoin EULUSDTM
HTX EUL-USDT