Funding you earn now, next payment 03:00 UTC−1.5913%/8h= −1742.5% APRnext payment −$19.89 per $10,000 · paid last 24h −3.216%
Price spread now: Binance against BingX+0.044%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$813as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$710.711% of the position
Funding, last 7 days−7.417%−$742 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.044%, 7d avg −0.080%
=The price spread pays, funding is against you. Binance is 0.124% dearer against BingX than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.080%): +$12 on $10k if it goes back. Holding the pair costs −$477 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−7.417% in total) that is about 3 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -7.417% in total (about -386.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$19.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX G-USDT | 0.006192 | −0.5200 | get 0.0650% / 1h | 44m 41s | — | $3.1M | — |
| Short | Binance GUSDT | 0.006195 | −2.1113 | pay 0.2639% / 1h | 44m 41s | $9.2M | $69.9M | 50x |
BingX G-USDT
Binance GUSDTFunding 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
- −$3,341.76
- Price spread: +0.044% → −0.080%
- $12.41
- Slippage, 4 orders
- −$51.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$3,400.46
- Costs to cover
- 0.711%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 13 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, 5 min ago | 3.24 bp | 19.8 bp −$20 | 62.2 bp −$622 | 542.4 bp −$54.2K | 772.5 bp −$386.3K |
| Sell Binance live order book, 13 min ago | 1.61 bp | 14.5 bp −$14 | 67.2 bp −$672 | doesn't fit | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC G_USDT | −2.1648% | 1h | 0.006202 | +0.161% | $3.7M | $1.2M | 20x | as long as short |
| Bitget GUSDT | −2.1528% | 1h | 0.006202 | +0.161% | $1.4M | $7.9M | 50x | as long as short |
| Binance GUSDTshort | −2.1113% | 1h | 0.006195 | +0.044% | $9.2M | $69.9M | 50x | |
| Aster GUSDT | −2.0218% | 1h | 0.006207 | +0.242% | $629K | $1.7M | 5x | as long as short |
| Gate G_USDT | −1.2952% | 1h | 0.006178 | −0.226% | $963K | $4.6M | 25x | as long as short |
| KuCoin GUSDTM | −1.0920% | 1h | 0.006173 | −0.307% | $1.5M | $1.4M | 30x | as long as short |
| BingX G-USDTlong | −0.5200% | 1h | 0.006192 | long leg | — | $3.1M | — |
MEXC G_USDT
Bitget GUSDT
Aster GUSDT
Gate G_USDT
KuCoin GUSDTM