Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX−0.029%96s7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as 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−$1061.065% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.658%+$66 · spread now −0.029%, 7d avg +0.071%
=Funding pays, the price is against you. BloFin is 0.100% cheaper against BingX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.071%). If the spread goes back, that is −$10 on $10k: about 12 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour. 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 | BingX GENIUS-USDT | 0.3503 | 0.0100 | pay 0.0050% / 4h | 3h 31m | — | $1.7M | — |
| Short | BloFin GENIUS-USDT | 0.3502 | 0.0128 | get 0.0064% / 4h | 3h 31m | $500K | $25K | 50x |
BingX GENIUS-USDT
BloFin GENIUS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.97
- Price spread: −0.029% → +0.071%
- −$9.96
- Slippage, 4 orders
- −$84.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.47
- Costs to cover
- 1.065%
- Break-even
- 136.5 days
Slippage from BingX: live order book, 1 min ago; BloFin: live order book, 65 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, 1 min ago | 5.72 bp | 31.8 bp −$32 | 94.8 bp −$948 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 1.45 bp | 29.2 bp −$29 | 97.2 bp −$972 | 251.7 bp −$25.2K | doesn't fit |
GENIUS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GENIUSUSDT | +0.0100% | 4h | 0.3505 | +0.046% | $9.1M | $17.2M | 50x | as long as short |
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3502 | −0.029% | $1.4M | $2.2M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3497 | −0.171% | $245K | $377K | 20x | as long as short |
| MEXC GENIUS_USDT | +0.0100% | 4h | 0.3507 | +0.114% | $492K | $321K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3498 | −0.143% | $529K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3500 | −0.091% | $713K | $1.1M | 20x | as long as short |
| BingX GENIUS-USDTlong | +0.0100% | 4h | 0.3503 | long leg | — | $1.7M | — | |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3498 | −0.132% | $92K | $39K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3500 | −0.086% | $2K | $727K | 20x | as long as short |
| Extended GENIUS-USD | +0.0104% | 1h | 0.3500 | −0.086% | $1K | $166K | 5x | as long as short |
Binance GENIUSUSDT
Bybit GENIUSUSDT
Gate GENIUS_USDT
MEXC GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GENIUS-USDTshort | +0.0128% | 4h | 0.3502 | −0.029% | $500K | $25K | 50x | |
| Aster GENIUSUSDT | +0.0611% | 4h | 0.3505 | +0.049% | $256K | $412K | 20x | as long as short |
Aster GENIUSUSDT