Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.020%
Price spread now: BingX against BloFin+0.061%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 3 days (all we have)−0.105%−$11 · spread now +0.061%, 7d avg −0.042%
=The price spread pays, funding is against you. BingX is 0.103% dearer against BloFin than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.042%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FIL-USDT | 0.9835 | 0.0220 | pay 0.0220% / 8h | 2h 31m | $2.6M | $636K | 75x |
| Short | BingX FIL-USDT | 0.9841 | 0.0100 | get 0.0100% / 8h | 2h 31m | — | $11.8M | — |
BloFin FIL-USDT
BingX FIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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: +0.061% → −0.042%
- $10.34
- Slippage, 4 orders
- −$7.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.59
- Costs to cover
- 0.297%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; BingX: 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 BloFin live order book, 2 min ago | 1.02 bp | 7.5 bp −$8 | 12.8 bp −$128 | 33.6 bp −$3,364 | doesn't fit |
| Sell BingX live order book, 2 min ago | 1.02 bp | 8.2 bp −$8 | 10.8 bp −$108 | 22.6 bp −$2,259 | 60.9 bp −$30.5K |
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 | −0.1069% | 1h | 0.9843 | +0.081% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0623% | 1h | 0.9838 | +0.032% | $1.4M | $2.3M | 50x | as long as short |
| Lighter FIL | −0.0408% | 1h | 0.9825 | −0.098% | $157K | $337K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9839 | +0.041% | $315K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0066% | 8h | 0.9839 | +0.041% | $15.5M | $18.0M | 25x | as long as short |
| Bitget FILUSDT | −0.0036% | 8h | 0.9834 | −0.010% | $10.8M | $21.9M | 75x | as long as short |
| Variational Omni FIL | −0.0014% | 8h | 0.9812 | −0.232% | $435K | $276K | — | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9836 | +0.009% | $24K | — | 150x | as long as short |
| Hyperliquid FIL | −0.0002% | 1h | 0.9839 | +0.040% | $8.6M | $9.5M | 5x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9828 | −0.076% | $57K | $2K | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
Variational Omni FIL
gTrade (Gains Network) FIL/USD
Hyperliquid FIL
dYdX FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0011% | 8h | 0.9834 | −0.010% | $18.1M | $96.6M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.854% | $2K | $148K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0036% | 8h | 0.9832 | −0.031% | $7.3M | $7.1M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9836 | +0.007% | $487K | $514K | 20x | as long as short |
| Binance FILUSDT | +0.0100% | 8h | 0.9836 | +0.010% | $56.4M | $175.9M | 75x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9840 | +0.051% | $7.8M | $16.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9823 | −0.122% | $250K | $105K | 50x | as long as short |
| BingX FIL-USDTshort | +0.0100% | 8h | 0.9841 | +0.061% | — | $11.8M | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9800 | −0.359% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9812 | −0.237% | $287K | $813K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9800 | −0.356% | $42K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9844 | +0.089% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9820 | −0.153% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9832 | −0.031% | $475 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9843 | +0.081% | $622K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9840 | +0.051% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9829 | −0.065% | $685K | $2.3M | 10x | as long as short |
| BloFin FIL-USDTlong | +0.0220% | 8h | 0.9835 | long leg | $2.6M | $636K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0614% / S −0.0742% | 1h | 0.9838 | +0.031% | $213K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Aster FILUSDT
Binance FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
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
GMX FIL/USD [WBTC.b-USDC]