Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against BingX+0.142%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days+0.160%+$16 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.142%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.105% dearer against BingX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDT | 0.9844 | 0.0100 | pay 0.0100% / 8h | 2h 23m | — | $11.8M | — |
| Short | BloFin FIL-USDT | 0.9858 | 0.0220 | get 0.0220% / 8h | 2h 23m | $2.6M | $692K | 75x |
BingX FIL-USDT
BloFin FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.142% → +0.037%
- $10.51
- Slippage, 4 orders
- −$10.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $2.86
- Costs to cover
- 0.328%
- Break-even
- 6.2 days
Slippage from BingX: live order book, 15 min ago; BloFin: 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 BingX live order book, 15 min ago | 0.51 bp | 6.9 bp −$7 | 8.6 bp −$86 | 19.1 bp −$1,907 | 45.0 bp −$22.5K |
| Sell BloFin live order book, 5 min ago | 1.02 bp | 9.0 bp −$9 | 12.1 bp −$121 | 31.3 bp −$3,129 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0663% | 1h | 0.9848 | +0.041% | $169K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0240% | 1h | 0.9867 | +0.234% | $341K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9845 | +0.015% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9857 | +0.132% | $57K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.112% | $2K | $240K | 12x | as long as short |
| OKX FIL-USDT-SWAP | +0.0034% | 8h | 0.9842 | −0.020% | $17.9M | $107.6M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0054% | 8h | 0.9843 | −0.010% | $7.2M | $7.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9841 | −0.026% | $147K | $379K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9846 | +0.019% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9847 | +0.034% | $502K | $613K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9844 | 0.000% | $55.7M | $186.3M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9844 | 0.000% | $15.4M | $20.5M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9844 | 0.000% | $8.3M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9842 | −0.020% | $232K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9848 | +0.041% | $11.2M | $20.1M | 75x | as long as short |
| BingX FIL-USDTlong | +0.0100% | 8h | 0.9844 | long leg | — | $11.8M | — | |
| Variational Omni FIL | +0.0100% | 8h | 0.9829 | −0.154% | $445K | $264K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9827 | −0.173% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9859 | +0.151% | $289K | $1.2M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9830 | −0.142% | $29K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9854 | +0.105% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9840 | −0.041% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9845 | +0.010% | $478 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9872 | +0.284% | $614K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | +0.061% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9841 | −0.026% | $693K | $1.4M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9858 | +0.142% | $2.6M | $692K | 75x | |
| Kraken Futures PF_FILUSD | +0.0252% | 1h | 0.9852 | +0.076% | $1.3M | $2.2M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0599% / S −0.0279% | 1h | 0.9844 | +0.003% | $263K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]