Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against Binance−0.117%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2762.763% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days+0.207%+$21 · spread now −0.117%, 7d avg −0.033%
=Funding pays, the price is against you. BingX is 0.084% cheaper against Binance than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.033%). If the spread goes back, that is −$8 on $10k: about 10 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDOLUSDT | 0.01227 | 0.0285 | pay 0.0143% / 4h | 29m 25s | $6.2M | $1.4M | 25x |
| Short | BingX IDOL-USDT | 0.01226 | 0.0312 | get 0.0156% / 4h | 29m 25s | — | $2.3M | — |
Binance IDOLUSDT
BingX IDOL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $5.59
- Price spread: −0.117% → −0.033%
- −$8.38
- Slippage, 4 orders
- −$256.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$279.05
- Costs to cover
- 2.763%
- Break-even
- 356.7 days
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 3 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 Binance live order book, 9 min ago | 4.16 bp | 50.2 bp −$50 | 233.0 bp −$2,330 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 32.44 bp | 90.2 bp −$90 | 221.6 bp −$2,216 | 1230.4 bp −$123.0K | doesn't fit |
IDOL 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate IDOL_USDT | +0.0100% | 4h | 0.01225 | −0.190% | $580K | $27K | 10x | as long as short |
| KuCoin IDOLUSDTM | +0.0100% | 4h | 0.01233 | +0.453% | $737K | $24K | 25x | as long as short |
| Bitget IDOLUSDT | +0.0100% | 4h | 0.01227 | −0.035% | $2.6M | $102K | 10x | as long as short |
| Variational Omni IDOL | +0.0100% | 4h | 0.01232 | +0.395% | $3K | $1 | — | as long as short |
| Aster IDOLUSDT | +0.0194% | 4h | 0.01226 | −0.128% | $141K | $2K | 5x | as long as short |
| Binance IDOLUSDTlong | +0.0285% | 4h | 0.01227 | long leg | $6.2M | $1.4M | 25x | |
| MEXC IDOL_USDT | +0.0294% | 4h | 0.01228 | +0.046% | $90K | $86K | 50x | as long as short |
| BingX IDOL-USDTshort | +0.0312% | 4h | 0.01226 | −0.117% | — | $2.3M | — |
Gate IDOL_USDT
KuCoin IDOLUSDTM
Bitget IDOLUSDT
Variational Omni IDOL
Aster IDOLUSDT
MEXC IDOL_USDT