Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.075%
Price spread now: BingX against Extended−0.116%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2612.607% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.116%, 7d avg −0.060%
=Together, before fees+0.216%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.056% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.060%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.116%, 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 | Extended FHE-USD | 0.02244 | 0.0568 | pay 0.0071% / 1h | 17m 24s | $3K | $98K | 5x |
| Short | BingX FHE-USDT | 0.02241 | 0.0536 | get 0.0268% / 4h | 1h 17m | — | $6.5M | — |
Extended FHE-USD
BingX FHE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$6.72
- Price spread: −0.116% → −0.060%
- −$5.63
- Slippage, 4 orders
- −$245.73
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$273.08
- Costs to cover
- 2.607%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; BingX: live order book, 8 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 Extended live order book, 31 min ago | 5.58 bp | 74.6 bp −$75 | 783.7 bp −$7,837 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.68 bp | 47.7 bp −$48 | 169.7 bp −$1,697 | 1034.8 bp −$103.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate FHE_USDT | +0.0100% | 8h | 0.02240 | −0.161% | $620K | $76K | 10x | as long as short |
| Bybit FHEUSDT | +0.0312% | 4h | 0.02241 | −0.116% | $1.6M | $477K | 13x | as long as short |
| Aster FHEUSDT | +0.0400% | 4h | 0.02244 | +0.016% | $16K | $2K | 5x | as long as short |
| BingX FHE-USDTshort | +0.0536% | 4h | 0.02241 | −0.116% | — | $6.5M | — | |
| MEXC FHE_USDT | +0.0564% | 4h | 0.02242 | −0.072% | $846K | $301K | 50x | as long as short |
| Binance FHEUSDT | +0.0565% | 4h | 0.02243 | −0.027% | $3.0M | $1.4M | 10x | as long as short |
| Extended FHE-USDlong | +0.0568% | 1h | 0.02244 | long leg | $3K | $98K | 5x | |
| KuCoin FHEUSDTM | +0.1184% | 4h | 0.02243 | −0.027% | $641K | $9.7M | 10x | as long as short |
Gate FHE_USDT
Bybit FHEUSDT
Aster FHEUSDT
MEXC FHE_USDT
Binance FHEUSDT
KuCoin FHEUSDTM