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: Binance against BingX−0.010%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1401.399% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.010%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FRAX-USDT | 0.2914 | 0.0100 | pay 0.0050% / 4h | 1h 04m | — | $1.2M | — |
| Short | Binance FRAXUSDT | 0.2914 | 0.0100 | get 0.0050% / 4h | 1h 04m | $1.5M | $729K | 50x |
BingX FRAX-USDT
Binance FRAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.010% → −0.011%
- $0.08
- Slippage, 4 orders
- −$119.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$139.8
- Costs to cover
- 1.399%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 14 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, 7 min ago | 5.15 bp | 33.3 bp −$33 | 130.8 bp −$1,308 | 902.1 bp −$90.2K | 1195.7 bp −$597.9K |
| Sell Binance live order book, 14 min ago | 3.44 bp | 32.7 bp −$33 | 240.9 bp −$2,409 | doesn't fit | doesn't fit |
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 | 0.2914 | −0.014% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDTshort | +0.0100% | 4h | 0.2914 | −0.010% | $1.5M | $729K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2911 | −0.103% | $44K | $15K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2913 | −0.034% | $203K | $110K | 50x | as long as short |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2914 | 0.000% | $84K | $160K | 50x | as long as short |
| Bitget FRAXUSDT | +0.0100% | 4h | 0.2912 | −0.086% | $141K | $26K | 50x | as long as short |
| BingX FRAX-USDTlong | +0.0100% | 4h | 0.2914 | long leg | — | $1.2M | — |
Aster FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
KuCoin FRAXUSDTM
Bitget FRAXUSDT