Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.137%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1501.496% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now −0.137%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.147% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FRAXUSDT | 0.2903 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $1.5M | $757K | 50x |
| Short | BingX FRAX-USDT | 0.2899 | 0.0100 | get 0.0050% / 4h | 1h 43m | — | $1.2M | — |
Binance FRAXUSDT
BingX FRAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $0
- Price spread: −0.137% → +0.011%
- −$14.75
- Slippage, 4 orders
- −$129.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$164.33
- Costs to cover
- 1.496%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 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 Binance live order book, 5 min ago | 1.73 bp | 36.2 bp −$36 | 338.8 bp −$3,388 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.17 bp | 35.7 bp −$36 | 123.7 bp −$1,237 | 625.9 bp −$62.6K | 979.1 bp −$489.5K |
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2901 | −0.077% | $21K | $13K | 5x | as long as short |
| Binance FRAXUSDTlong | +0.0100% | 4h | 0.2903 | long leg | $1.5M | $757K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2898 | −0.171% | $44K | $15K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2902 | −0.033% | $201K | $106K | 50x | as long as short |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2900 | −0.102% | $87K | $159K | 50x | as long as short |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2901 | −0.068% | $140K | $34K | 50x | as long as short |
| BingX FRAX-USDTshort | +0.0100% | 4h | 0.2899 | −0.137% | — | $1.2M | — |
Aster FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
KuCoin FRAXUSDTM
Bitget FRAXUSDT