Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.038%
Price spread now: BloFin against BingX−0.134%66s7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as 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−$790.787% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 3 days (all we have)+0.306%+$31 · spread now −0.134%, 7d avg +0.016%
=Funding pays, the price is against you. BloFin is 0.150% cheaper against BingX than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of +0.016%). If the spread goes back, that is −$15 on $10k: about 15 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour. 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 ID-USDT | 0.03740 | 0.0100 | pay 0.0050% / 4h | 2h 50m | — | $2.3M | — |
| Short | BloFin ID-USDT | 0.03735 | 0.0133 | get 0.0066% / 4h | 2h 50m | $163K | $11K | 50x |
BingX ID-USDT
BloFin ID-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
- $6.89
- Price spread: −0.134% → +0.016%
- −$14.95
- Slippage, 4 orders
- −$56.71
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$86.77
- Costs to cover
- 0.787%
- Break-even
- 95.1 days
Slippage from BingX: live order book, 13 min ago; BloFin: live order book, 31 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 | 4.02 bp | 21.8 bp −$22 | 45.5 bp −$455 | 397.8 bp −$39.8K | 466.3 bp −$233.2K |
| Sell BloFin live order book, 31 min ago | 2.68 bp | 24.6 bp −$25 | 57.2 bp −$572 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03735 | −0.141% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03739 | −0.027% | $2.4M | $3.3M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03740 | 0.000% | $1.4M | $1.0M | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03738 | −0.053% | $340K | $135K | 20x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03736 | −0.107% | $772K | $559K | 50x | as long as short |
| BingX ID-USDTlong | +0.0100% | 4h | 0.03740 | long leg | — | $2.3M | — | |
| Variational Omni ID | +0.0100% | 8h | 0.03735 | −0.147% | $12K | $20K | — | as long as short |
| BloFin ID-USDTshort | +0.0133% | 4h | 0.03735 | −0.134% | $163K | $11K | 50x | |
| KuCoin IDUSDTM | +0.0286% | 4h | 0.03737 | −0.080% | $1.0M | $61K | 30x | as long as short |
| Gate ID_USDT | +0.0376% | 4h | 0.03732 | −0.214% | $273K | $206K | 25x | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
Bitget IDUSDT
Variational Omni ID
KuCoin IDUSDTM
Gate ID_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0441% | 1h | 0.03741 | +0.036% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD