Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.028%
Price spread now: BingX against BloFin+0.111%96s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.111%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.119% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FORM-USDT | 0.3606 | 0.0051 | pay 0.0025% / 4h | 3h 41m | $1.0M | $371K | 50x |
| Short | BingX FORM-USDT | 0.3610 | 0.0070 | get 0.0035% / 4h | 3h 41m | — | $3.6M | — |
BloFin FORM-USDT
BingX FORM-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
- $4.09
- Price spread: +0.111% → −0.008%
- $11.94
- Slippage, 4 orders
- −$57.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.8
- Costs to cover
- 0.798%
- Break-even
- 116.2 days
Slippage from BloFin: live order book, just now; BingX: live order book, 3 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, just now | 2.77 bp | 10.4 bp −$10 | 32.6 bp −$326 | 210.4 bp −$21.0K | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.59 bp | 24.4 bp −$24 | 73.1 bp −$731 | 364.6 bp −$36.5K | 952.0 bp −$476.0K |
FORM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3601 | −0.150% | — | — | — | as long as short |
| BloFin FORM-USDTlong | +0.0051% | 4h | 0.3606 | long leg | $1.0M | $371K | 50x | |
| BingX FORM-USDTshort | +0.0070% | 4h | 0.3610 | +0.111% | — | $3.6M | — | |
| Aster FORMUSDT | +0.0100% | 4h | 0.3607 | +0.021% | $50K | $740K | 5x | as long as short |
| Binance FORMUSDT | +0.0100% | 4h | 0.3610 | +0.111% | $19.3M | $145.0M | 50x | as long as short |
| Bybit FORMUSDT | +0.0100% | 4h | 0.3614 | +0.211% | $2.4M | $12.2M | 20x | as long as short |
| Gate FORM_USDT | +0.0100% | 4h | 0.3607 | +0.028% | $778K | $4.2M | 50x | as long as short |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3613 | +0.194% | $1.5M | $8.7M | 100x | as long as short |
| KuCoin FORMUSDTM | +0.0100% | 4h | 0.3614 | +0.222% | $357K | $1.0M | 30x | as long as short |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3615 | +0.250% | $1.2M | $8.4M | 50x | as long as short |
gTrade (Gains Network) FORM/USD
Aster FORMUSDT
Binance FORMUSDT
Bybit FORMUSDT
Gate FORM_USDT
MEXC FORM_USDT
KuCoin FORMUSDTM
Bitget FORMUSDT