Funding you earn now, next payment 12:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.008%
Price spread now: BingX against BloFin−0.069%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1511.514% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.069%, 7d avg +0.091%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.160% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.091%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin HANA-USDT | 0.01452 | 0.0403 | pay 0.0202% / 4h | 3h 48m | $332K | $5K | 10x |
| Short | BingX HANA-USDT | 0.01451 | 0.0334 | get 0.0167% / 4h | 3h 48m | — | $6.5M | — |
BloFin HANA-USDT
BingX HANA-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.55
- Price spread: −0.069% → +0.091%
- −$16
- Slippage, 4 orders
- −$129.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$181.95
- Costs to cover
- 1.514%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 26 min ago; BingX: live order book, 2 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, 26 min ago | 10.28 bp | 36.5 bp −$36 | 280.1 bp −$2,801 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 10.31 bp | 41.0 bp −$41 | 127.3 bp −$1,273 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HANAUSDT | +0.0100% | 4h | 0.01449 | −0.238% | $13K | $7K | 5x | as long as short |
| Gate HANA_USDT | +0.0100% | 8h | 0.01449 | −0.207% | $629K | $608K | 25x | as long as short |
| KuCoin HANAUSDTM | +0.0100% | 4h | 0.01444 | −0.551% | $595K | $746K | 10x | as long as short |
| Bybit HANAUSDT | +0.0225% | 4h | 0.01451 | −0.069% | $879K | $511K | 25x | as long as short |
| BingX HANA-USDTshort | +0.0334% | 4h | 0.01451 | −0.069% | — | $6.5M | — | |
| MEXC HANA_USDT | +0.0346% | 4h | 0.01448 | −0.275% | $77K | $91K | 100x | as long as short |
| Binance HANAUSDT | +0.0354% | 4h | 0.01449 | −0.196% | $5.1M | $2.6M | 10x | as long as short |
| BloFin HANA-USDTlong | +0.0403% | 4h | 0.01452 | long leg | $332K | $5K | 10x |
Aster HANAUSDT
Gate HANA_USDT
KuCoin HANAUSDTM
Bybit HANAUSDT
MEXC HANA_USDT
Binance HANAUSDT