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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX HOME-USDT | 0.006643 | 0.0070 | pay 0.0035% / 4h | 3h 39m | — | $6.6M | — |
| Short | Binance HOMEUSDT | 0.006645 | 0.0323 | get 0.0162% / 4h | 3h 39m | $4.7M | $10.8M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 13 min ago | 2.24 bp | 12.5 bp −$13 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.75 bp | 19.3 bp −$19 | 117.5 bp −$1,175 | doesn't fit | doesn't fit |
HOME on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDTlong | +0.0070% | 4h | 0.006643 | long leg | — | $6.6M | — | |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006641 | −0.030% | $3.6M | $4.1M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006640 | −0.045% | $448K | $1.5M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006639 | −0.060% | $2.8M | $89K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006643 | 0.000% | $1.2M | $1.0M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006636 | −0.099% | $7K | $2K | — | as long as short |
| Binance HOMEUSDTshort | +0.0323% | 4h | 0.006645 | +0.030% | $4.7M | $10.8M | 50x | |
| BloFin HOME-USDT | +0.0353% | 4h | 0.006687 | +0.662% | $300K | $22K | 50x | as long as short |
| Aster HOMEUSDT | +0.0394% | 4h | 0.006643 | −0.003% | $50K | $39K | 5x | as long as short |
| MEXC HOME_USDT | +0.0444% | 4h | 0.006642 | −0.015% | $389K | $149K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAP | +0.0953% | 4h | 0.006646 | +0.045% | $1.9M | $5.1M | 20x | as long as short |
BingX HOME-USDT
Binance HOMEUSDT
Bybit HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
BloFin HOME-USDT
Aster HOMEUSDT
MEXC HOME_USDT
OKX HOME-USDT-SWAP