Funding you earn now, next payment 00:00 UTC−0.0216%/8h= −23.6% APRnext payment −$1.08 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against Binance+0.096%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days−0.461%−$46 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.096%, 7d avg +0.002%
=The price spread pays, funding is against you. BingX is 0.093% dearer against Binance than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of +0.002%): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07414 | 0.0096 | pay 0.0048% / 4h | 2h 14m | $4.7M | $8.3M | 25x |
| Short | BingX LA-USDT | 0.07421 | −0.0120 | pay 0.0060% / 4h | 2h 14m | — | $6.6M | — |
Binance LAUSDT
BingX LA-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
- −$45.33
- Price spread: +0.096% → +0.002%
- $9.35
- Slippage, 4 orders
- −$30.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$86.31
- Costs to cover
- 0.503%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 6 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 | 0.67 bp | 15.0 bp −$15 | 52.4 bp −$524 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 2.02 bp | 10.5 bp −$11 | 21.4 bp −$214 | 677.5 bp −$67.8K | 1249.1 bp −$624.5K |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0426% | 4h | 0.07418 | +0.055% | $251K | $803K | 50x | as long as short |
| BingX LA-USDTshort | −0.0120% | 4h | 0.07421 | +0.096% | — | $6.6M | — | |
| KuCoin LAUSDTM | −0.0116% | 4h | 0.07422 | +0.109% | $1.0M | $58K | 30x | as long as short |
| OKX LA-USDT-SWAP | −0.0114% | 4h | 0.07418 | +0.055% | $1.3M | $2.8M | 20x | as long as short |
| Bitget LAUSDT | −0.0066% | 4h | 0.07411 | −0.039% | $2.0M | $519K | 25x | as long as short |
| BloFin LA-USDT | +0.0058% | 4h | 0.07416 | +0.028% | $250K | $19K | 25x | as long as short |
| Aster LAUSDT | +0.0082% | 4h | 0.07417 | +0.045% | $52K | $8K | 5x | as long as short |
| MEXC LA_USDT | +0.0090% | 4h | 0.07415 | +0.015% | $399K | $138K | 50x | as long as short |
| Binance LAUSDTlong | +0.0096% | 4h | 0.07414 | long leg | $4.7M | $8.3M | 25x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07420 | +0.082% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAP
Bitget LAUSDT
BloFin LA-USDT
Aster LAUSDT
MEXC LA_USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | −0.049% | $143K | $470K | 10x | as long as short |
GRVT LA_USDT_Perp