Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.20 per $10,000 · paid last 24h +0.086%
Price spread now: BingX against Binance−0.184%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1691.689% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days+0.134%+$13 · spread now −0.184%, 7d avg −0.076%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.108% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.076%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.106%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FHEUSDT | 0.02207 | 0.0855 | pay 0.0427% / 4h | 2h 40m | $2.9M | $1.5M | 10x |
| Short | BingX FHE-USDT | 0.02203 | 0.0814 | get 0.0407% / 4h | 2h 40m | — | $6.5M | — |
Binance FHEUSDT
BingX FHE-USDTFunding 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
- −$8.58
- Price spread: −0.184% → −0.076%
- −$10.77
- Slippage, 4 orders
- −$148.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$188.21
- Costs to cover
- 1.689%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 5 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, 10 min ago | 4.48 bp | 39.6 bp −$40 | 554.0 bp −$5,540 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.75 bp | 43.7 bp −$44 | 163.6 bp −$1,636 | 1077.8 bp −$107.8K | doesn't fit |
FHE on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit FHEUSDT | +0.0100% | 4h | 0.02201 | −0.274% | $1.5M | $503K | 13x | as long as short |
| Gate FHE_USDT | +0.0100% | 8h | 0.02201 | −0.274% | $608K | $73K | 10x | as long as short |
| Aster FHEUSDT | +0.0556% | 4h | 0.02207 | −0.014% | $17K | $2K | 5x | as long as short |
| BingX FHE-USDTshort | +0.0814% | 4h | 0.02203 | −0.184% | — | $6.5M | — | |
| MEXC FHE_USDT | +0.0854% | 4h | 0.02206 | −0.048% | $838K | $302K | 50x | as long as short |
| Binance FHEUSDTlong | +0.0855% | 4h | 0.02207 | long leg | $2.9M | $1.5M | 10x | |
| Extended FHE-USD | +0.0856% | 1h | 0.02205 | −0.103% | $1K | $200K | 5x | as long as short |
| KuCoin FHEUSDTM | +0.1008% | 4h | 0.02202 | −0.229% | $647K | $9.2M | 10x | as long as short |
Bybit FHEUSDT
Gate FHE_USDT
Aster FHEUSDT
MEXC FHE_USDT
Extended FHE-USD
KuCoin FHEUSDTM