Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.021%
Price spread now: BingX against Binance+0.055%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.055%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.029% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FFUSDT | 0.1277 | 0.0025 | pay 0.0012% / 4h | 1h 20m | $43.2M | $19.1M | 20x |
| Short | BingX FF-USDT | 0.1278 | 0.0100 | get 0.0050% / 4h | 1h 20m | — | $6.7M | — |
Funding 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
- $15.8
- Price spread: +0.055% → +0.026%
- $2.9
- Slippage, 4 orders
- −$38.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$39.86
- Costs to cover
- 0.586%
- Break-even
- 24.7 days
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 7 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, 6 min ago | 0.39 bp | 14.7 bp −$15 | 48.5 bp −$485 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.53 bp | 15.2 bp −$15 | 49.7 bp −$497 | 374.7 bp −$37.5K | doesn't fit |
FF on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin FF-USDT | +0.0002% | 4h | 0.1278 | +0.102% | $2.3M | $301K | 20x | as long as short |
| MEXC FF_USDT | +0.0018% | 4h | 0.1276 | −0.031% | $10.1M | $719K | 50x | as long as short |
| Binance FFUSDTlong | +0.0025% | 4h | 0.1277 | long leg | $43.2M | $19.1M | 20x | |
| Aster FFUSDT | +0.0100% | 4h | 0.1278 | +0.129% | $1.2M | $17K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1277 | +0.031% | $14.4M | $4.9M | 20x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1280 | +0.258% | $27.0M | $1.4M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1280 | +0.266% | $8.6M | $4.9M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1278 | +0.055% | $18.6M | $1.2M | 5x | as long as short |
| BingX FF-USDTshort | +0.0100% | 4h | 0.1278 | +0.055% | — | $6.7M | — | |
| SunX FF-USDT | +0.0100% | 4h | 0.1277 | 0.000% | $2K | $1.3M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0440% | 1h | 0.1281 | +0.345% | $136K | $33K | 3x | as long as short |
Binance FFUSDT
BingX FF-USDT
BloFin FF-USDT
MEXC FF_USDT
Aster FFUSDT
Bybit FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
SunX FF-USDT
Lighter FF