H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against BloFin+0.056%51s7-day average −0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as 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−$1041.043% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.512%−$51 · spread now +0.056%, 7d avg −0.114%

Together, before fees−0.513%−$51 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.170% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.114%. The two prices were read 51 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 H-USDT	0.07102	0.0078	pay 0.0039% / 4h	4m 26s	$596K	$118K	25x
Short	BingX H-USDT	0.07106	0.0100	get 0.0050% / 4h	4m 26s	—	$2.7M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now +0.056%Rate

Funding earned: $4.53
Price spread: +0.056% → −0.114%: $17
Slippage, 4 orders: −$82.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$82.79
Costs to cover: 1.043%
Break-even: 135.1 days

Slippage from BloFin: live order book, 7 min ago; BingX: live order book, 5 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, 7 min ago	2.13 bp	31.4 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	4.98 bp	21.3 bp −$21	113.0 bp −$1,130	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−11.997%	$1K	$1	5.5x	as long as short
BloFin H-USDTlong	+0.0078%	4h	0.07102	long leg	$596K	$118K	25x
Aster HUSDT	+0.0100%	4h	0.07111	+0.134%	$118K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.07118	+0.225%	$15.3M	$10.6M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.07104	+0.021%	$7.7M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07107	+0.070%	$1.8M	$6.1M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.07104	+0.028%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.07122	+0.282%	$6.4M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.07113	+0.155%	$1.7M	$10.0M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.07088	−0.197%	$1.8M	$450K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDTshort	+0.0100%	4h	0.07106	+0.056%	—	$2.7M	—
Variational Omni H	+0.0100%	4h	0.07054	−0.675%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.07038	−0.906%	$1.2M	$449K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07118	+0.225%	$12K	$107K	5x	as long as short