Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h −0.086%
Price spread now: Binance against BingX+0.157%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1681.678% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 7 days−0.140%−$14 · spread now +0.157%, 7d avg +0.075%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.082% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.075%. Mind the row above: over the last 7 days funding on this pair cost −0.106%, 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 FHE-USDT | 0.02228 | 0.0554 | pay 0.0277% / 4h | 3h 33m | — | $6.5M | — |
| Short | Binance FHEUSDT | 0.02232 | 0.0586 | get 0.0293% / 4h | 3h 33m | $2.9M | $1.4M | 10x |
BingX FHE-USDT
Binance FHEUSDTFunding 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
- $6.77
- Price spread: +0.157% → +0.075%
- $8.22
- Slippage, 4 orders
- −$147.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$152.85
- Costs to cover
- 1.678%
- Break-even
- 165.1 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 2 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, 2 min ago | 6.72 bp | 40.2 bp −$40 | 227.0 bp −$2,270 | 1080.2 bp −$108.0K | doesn't fit |
| Sell Binance live order book, 2 min ago | 4.48 bp | 45.9 bp −$46 | 307.9 bp −$3,079 | doesn't fit | 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 | 0.02227 | −0.045% | $1.6M | $490K | 13x | as long as short |
| Gate FHE_USDT | +0.0100% | 8h | 0.02225 | −0.135% | $616K | $72K | 10x | as long as short |
| Aster FHEUSDT | +0.0366% | 4h | 0.02228 | +0.016% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDTlong | +0.0554% | 4h | 0.02228 | long leg | — | $6.5M | — | |
| MEXC FHE_USDT | +0.0580% | 4h | 0.02231 | +0.135% | $846K | $299K | 50x | as long as short |
| Extended FHE-USD | +0.0584% | 1h | 0.02231 | +0.137% | $4K | $92K | 5x | as long as short |
| Binance FHEUSDTshort | +0.0586% | 4h | 0.02232 | +0.157% | $2.9M | $1.4M | 10x | |
| KuCoin FHEUSDTM | +0.0968% | 4h | 0.02230 | +0.090% | $659K | $9.5M | 10x | as long as short |
Bybit FHEUSDT
Gate FHE_USDT
Aster FHEUSDT
MEXC FHE_USDT
Extended FHE-USD
KuCoin FHEUSDTM