Funding you earn now, next payment 12:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.008%
Price spread now: BloFin against BingX−0.141%66s7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as 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−$1781.779% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.141%, 7d avg −0.088%
=Funding pays, the price is against you. BloFin is 0.053% cheaper against BingX than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.088%). If the spread goes back, that is −$5 on $10k: about 7.6 days of funding at the current rate (+$1 a day). The two prices were read 66 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 HANA-USDT | 0.01420 | 0.0156 | pay 0.0078% / 4h | 1h 30m | — | $6.5M | — |
| Short | BloFin HANA-USDT | 0.01418 | 0.0179 | get 0.0089% / 4h | 1h 30m | $328K | $5K | 10x |
BingX HANA-USDT
BloFin HANA-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
- $4.82
- Price spread: −0.141% → −0.088%
- −$5.26
- Slippage, 4 orders
- −$155.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$178.33
- Costs to cover
- 1.779%
- Break-even
- 265.9 days
Slippage from BingX: live order book, 13 min ago; BloFin: 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, 13 min ago | 10.46 bp | 55.6 bp −$56 | 305.3 bp −$3,053 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 13 min ago | 6.96 bp | 57.2 bp −$57 | 165.9 bp −$1,659 | doesn't fit | doesn't fit |
HANA on 8 exchanges
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 | −0.0212% | 4h | 0.01415 | −0.352% | $583K | $715K | 10x | as long as short |
| Aster HANAUSDT | +0.0100% | 4h | 0.01417 | −0.205% | $13K | $7K | 5x | as long as short |
| Bybit HANAUSDT | +0.0100% | 4h | 0.01419 | −0.042% | $856K | $502K | 25x | as long as short |
| Gate HANA_USDT | +0.0100% | 8h | 0.01418 | −0.141% | $610K | $568K | 25x | as long as short |
| MEXC HANA_USDT | +0.0150% | 4h | 0.01418 | −0.141% | $75K | $92K | 100x | as long as short |
| Binance HANAUSDT | +0.0151% | 4h | 0.01419 | −0.070% | $5.1M | $2.5M | 10x | as long as short |
| BingX HANA-USDTlong | +0.0156% | 4h | 0.01420 | long leg | — | $6.5M | — | |
| BloFin HANA-USDTshort | +0.0179% | 4h | 0.01418 | −0.141% | $328K | $5K | 10x |
KuCoin HANAUSDTM
Aster HANAUSDT
Bybit HANAUSDT
Gate HANA_USDT
MEXC HANA_USDT
Binance HANAUSDT