Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h +0.038%
Price spread now: BingX against BloFin+0.053%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$880.884% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 3 days (all we have)−0.139%−$14 · spread now +0.053%, 7d avg −0.015%
=The price spread pays, funding is against you. BingX is 0.068% dearer against BloFin than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.015%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ID-USDT | 0.03761 | 0.0109 | pay 0.0055% / 4h | 1h 52m | $162K | $11K | 50x |
| Short | BingX ID-USDT | 0.03763 | 0.0100 | get 0.0050% / 4h | 1h 52m | — | $2.3M | — |
BloFin ID-USDT
BingX ID-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
- −$1.97
- Price spread: +0.053% → −0.015%
- $6.77
- Slippage, 4 orders
- −$66.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$83.57
- Costs to cover
- 0.884%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 21 min ago; BingX: live order book, 10 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, 21 min ago | 2.68 bp | 22.1 bp −$22 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.68 bp | 26.0 bp −$26 | 56.4 bp −$564 | 406.6 bp −$40.7K | 479.8 bp −$239.9K |
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 | 0.03764 | +0.092% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03756 | −0.133% | $2.4M | $3.4M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03761 | 0.000% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03760 | −0.027% | $254K | $234K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03757 | −0.106% | $362K | $142K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03763 | +0.053% | $1.1M | $61K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03762 | +0.027% | $780K | $571K | 50x | as long as short |
| BingX ID-USDTshort | +0.0100% | 4h | 0.03763 | +0.053% | — | $2.3M | — | |
| Variational Omni ID | +0.0100% | 8h | 0.03762 | +0.031% | $12K | $20K | — | as long as short |
| BloFin ID-USDTlong | +0.0109% | 4h | 0.03761 | long leg | $162K | $11K | 50x |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0407% | 1h | 0.03757 | −0.117% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD