Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.020%
Price spread now: BingX against Binance+0.061%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days−0.336%−$34 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.061%, 7d avg −0.019%
=The price spread pays, funding is against you. BingX is 0.080% dearer against Binance than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.019%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days. At the pace of the last 7 days (−0.336% in total) that is about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JSTUSDT | 0.1146 | 0.0100 | pay 0.0050% / 4h | 9m 12s | $6.6M | $8.8M | 75x |
| Short | BingX JST-USDT | 0.1147 | 0.0036 | get 0.0018% / 4h | 9m 12s | — | $2.3M | — |
Funding 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
- −$13.44
- Price spread: +0.061% → −0.019%
- $7.98
- Slippage, 4 orders
- −$37.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$62.62
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.88 bp | 13.9 bp −$14 | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.49 bp | 10.0 bp −$10 | 49.9 bp −$499 | 267.5 bp −$26.8K | 931.7 bp −$465.8K |
JST on 9 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 JST-USDTshort | +0.0036% | 4h | 0.1147 | +0.061% | — | $2.3M | — | |
| Binance JSTUSDTlong | +0.0100% | 4h | 0.1146 | long leg | $6.6M | $8.8M | 75x | |
| Bybit JSTUSDT | +0.0100% | 8h | 0.1145 | −0.088% | $1.8M | $1.1M | 75x | as long as short |
| Gate JST_USDT | +0.0100% | 4h | 0.1148 | +0.157% | $172K | $65K | 25x | as long as short |
| MEXC JST_USDT | +0.0100% | 4h | 0.1146 | 0.000% | $887K | $269K | 50x | as long as short |
| Bitget JSTUSDT | +0.0100% | 4h | 0.1147 | +0.061% | $2.0M | $521K | 75x | as long as short |
| Variational Omni JST | +0.0100% | 8h | 0.1147 | +0.051% | $51K | $77K | — | as long as short |
| SunX JST-USDT | +0.0100% | 4h | 0.1144 | −0.161% | $436K | $1.4M | 20x | as long as short |
| HTX JST-USDT | +0.0100% | 4h | 0.1147 | +0.070% | $996K | $63K | 75x | as long as short |
Binance JSTUSDT
BingX JST-USDT
Bybit JSTUSDT
Gate JST_USDT
MEXC JST_USDT
Bitget JSTUSDT
Variational Omni JST
SunX JST-USDT
HTX JST-USDT