Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BingX−0.081%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as 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−0.009%−$1 · spread now −0.081%, 7d avg +0.033%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.114% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IDOL-USDT | 0.01232 | 0.0314 | pay 0.0157% / 4h | 30m 27s | — | $2.3M | — |
| Short | Binance IDOLUSDT | 0.01231 | 0.0295 | get 0.0147% / 4h | 30m 27s | $6.2M | $1.4M | 25x |
BingX IDOL-USDT
Binance IDOLUSDTFunding 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
- −$4.05
- Price spread: −0.081% → +0.033%
- −$11.43
- Slippage, 4 orders
- −$256.25
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$291.73
- Costs to cover
- 2.763%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 8 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, 2 min ago | 32.44 bp | 78.7 bp −$79 | 159.6 bp −$1,596 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 4.16 bp | 57.2 bp −$57 | 279.7 bp −$2,797 | doesn't fit | 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 | 0.01229 | −0.211% | $582K | $27K | 10x | as long as short |
| KuCoin IDOLUSDTM | +0.0100% | 4h | 0.01235 | +0.244% | $738K | $24K | 25x | as long as short |
| Bitget IDOLUSDT | +0.0100% | 4h | 0.01230 | −0.162% | $2.6M | $102K | 10x | as long as short |
| Variational Omni IDOL | +0.0100% | 4h | 0.01232 | +0.023% | $3K | $1 | — | as long as short |
| Aster IDOLUSDT | +0.0187% | 4h | 0.01227 | −0.431% | $141K | $2K | 5x | as long as short |
| MEXC IDOL_USDT | +0.0294% | 4h | 0.01230 | −0.162% | $90K | $86K | 50x | as long as short |
| Binance IDOLUSDTshort | +0.0295% | 4h | 0.01231 | −0.081% | $6.2M | $1.4M | 25x | |
| BingX IDOL-USDTlong | +0.0314% | 4h | 0.01232 | long leg | — | $2.3M | — |
Gate IDOL_USDT
KuCoin IDOLUSDTM
Bitget IDOLUSDT
Variational Omni IDOL
Aster IDOLUSDT
MEXC IDOL_USDT