Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against BingX−0.006%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2182.183% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.055%−$5 · spread now −0.006%, 7d avg −0.042%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.036% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HANA-USDT | 0.01483 | 0.0368 | pay 0.0184% / 4h | 2h 20m | — | $6.5M | — |
| Short | Binance HANAUSDT | 0.01483 | 0.0419 | get 0.0210% / 4h | 2h 20m | $5.2M | $2.7M | 10x |
BingX HANA-USDT
Binance HANAUSDTFunding 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
- $10.71
- Price spread: −0.006% → −0.042%
- $3.6
- Slippage, 4 orders
- −$198.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$204
- Costs to cover
- 2.183%
- Break-even
- 140.3 days
Slippage from BingX: live order book, 15 min ago; Binance: live order book, 17 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, 15 min ago | 6.83 bp | 48.6 bp −$49 | 292.7 bp −$2,927 | doesn't fit | doesn't fit |
| Sell Binance live order book, 17 min ago | 3.42 bp | 63.5 bp −$64 | 341.0 bp −$3,410 | doesn't fit | doesn't fit |
HANA on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin HANAUSDTM | +0.0100% | 4h | 0.01477 | −0.405% | $608K | $784K | 10x | as long as short |
| Aster HANAUSDT | +0.0111% | 4h | 0.01476 | −0.440% | $13K | $8K | 5x | as long as short |
| Bybit HANAUSDT | +0.0139% | 4h | 0.01482 | −0.067% | $896K | $548K | 25x | as long as short |
| Gate HANA_USDT | +0.0201% | 8h | 0.01483 | 0.000% | $643K | $625K | 25x | as long as short |
| BingX HANA-USDTlong | +0.0368% | 4h | 0.01483 | long leg | — | $6.5M | — | |
| MEXC HANA_USDT | +0.0390% | 4h | 0.01482 | −0.067% | $70K | $90K | 100x | as long as short |
| Binance HANAUSDTshort | +0.0419% | 4h | 0.01483 | −0.006% | $5.2M | $2.7M | 10x | |
| BloFin HANA-USDT | +0.0443% | 4h | 0.01479 | −0.270% | $335K | $5K | 10x | as long as short |
KuCoin HANAUSDTM
Aster HANAUSDT
Bybit HANAUSDT
Gate HANA_USDT
MEXC HANA_USDT
BloFin HANA-USDT