Funding you earn now, next payment 04:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.78 per $10,000 · paid last 24h −0.021%
Price spread now: Binance against BingX+0.039%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$630.634% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.039%, 7d avg −0.026%
=The price spread pays, funding is against you. Binance is 0.065% dearer against BingX than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.026%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.106% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FF-USDT | 0.1283 | 0.0100 | pay 0.0050% / 4h | 2h 51m | — | $6.7M | — |
| Short | Binance FFUSDT | 0.1283 | −0.0057 | pay 0.0028% / 4h | 2h 51m | $43.5M | $20.5M | 20x |
BingX FF-USDT
Binance FFUSDTFunding 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
- −$32.91
- Price spread: +0.039% → −0.026%
- $6.46
- Slippage, 4 orders
- −$43.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.85
- Costs to cover
- 0.634%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Binance: live order book, 6 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, 16 min ago | 1.96 bp | 14.4 bp −$14 | 38.2 bp −$382 | 605.7 bp −$60.6K | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.39 bp | 15.7 bp −$16 | 67.8 bp −$678 | doesn't fit | 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 | −0.0085% | 4h | 0.1283 | 0.000% | $2.3M | $305K | 20x | as long as short |
| MEXC FF_USDT | −0.0058% | 4h | 0.1283 | 0.000% | $10.1M | $751K | 50x | as long as short |
| Binance FFUSDTshort | −0.0057% | 4h | 0.1283 | +0.039% | $43.5M | $20.5M | 20x | |
| Aster FFUSDT | +0.0100% | 4h | 0.1283 | +0.047% | $1.2M | $17K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1283 | +0.047% | $14.5M | $5.4M | 20x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1283 | +0.031% | $8.6M | $5.2M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1283 | +0.047% | $18.7M | $1.3M | 5x | as long as short |
| BingX FF-USDTlong | +0.0100% | 4h | 0.1283 | long leg | — | $6.7M | — | |
| SunX FF-USDT | +0.0100% | 4h | 0.1280 | −0.187% | $2K | $1.4M | 20x | as long as short |
| Gate FF_USDT | +0.0168% | 4h | 0.1284 | +0.101% | $27.0M | $1.5M | 50x | as long as short |
BloFin FF-USDT
MEXC FF_USDT
Aster FFUSDT
Bybit FFUSDT
KuCoin FFUSDTM
Bitget FFUSDT
SunX FF-USDT
Gate FF_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.1016% | 1h | 0.1287 | +0.359% | $136K | $35K | 3x | as long as short |
Lighter FF