Settings8H · net · $10k
Funding arb · Price arb /

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0253%/8h= +27.7% APRnext payment +$1.27 per $10,000 · paid last 24h +0.022%
Price spread now: Binance against BingX+0.030%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$670.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 7 days−0.037%−$4 · spread now +0.030%, 7d avg −0.013%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.044% dearer against BingX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX HOME-USDT0.0066430.0070pay 0.0035% / 4h3h 39m$6.6M
ShortBinance HOMEUSDT0.0066450.0323get 0.0162% / 4h3h 39m$4.7M$10.8M50x

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

Profit calculator

Funding earned
$53.2
Price spread: +0.030% → −0.013%
$4.35
Slippage, 4 orders
−$46.68
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$9.12
Costs to cover
0.667%
Break-even
8.2 days
Slippage from BingX: live order book, 13 min ago; Binance: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 13 min ago2.24 bp12.5 bp −$1356.2 bp −$562doesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.75 bp19.3 bp −$19117.5 bp −$1,175doesn't fitdoesn't fit

HOME on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX HOME-USDTlong+0.0070%4h0.006643long leg$6.6M
Bybit HOMEUSDT+0.0100%4h0.006641−0.030%$3.6M$4.1M25xas long as short
Gate HOME_USDT+0.0100%4h0.006640−0.045%$448K$1.5M75xas long as short
KuCoin HOMEUSDTM+0.0100%4h0.006639−0.060%$2.8M$89K30xas long as short
Bitget HOMEUSDT+0.0100%4h0.0066430.000%$1.2M$1.0M20xas long as short
Variational Omni HOME+0.0100%4h0.006636−0.099%$7K$2Kas long as short
Binance HOMEUSDTshort+0.0323%4h0.006645+0.030%$4.7M$10.8M50x
BloFin HOME-USDT+0.0353%4h0.006687+0.662%$300K$22K50xas long as short
Aster HOMEUSDT+0.0394%4h0.006643−0.003%$50K$39K5xas long as short
MEXC HOME_USDT+0.0444%4h0.006642−0.015%$389K$149K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX HOME-USDT-SWAP+0.0953%4h0.006646+0.045%$1.9M$5.1M20xas long as short