Funding you earn now, next payment 04:00 UTC+0.1357%/8h= +148.6% APRnext payment +$6.79 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against BingX+0.054%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.542% of the position
Funding, last 7 days+0.473%+$47 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.054%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Binance is 0.057% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.004%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.473% in total (about 24.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07469 | −0.1948 | get 0.0974% / 4h | 3h 46m | — | $6.6M | — |
| Short | Binance LAUSDT | 0.07473 | −0.0591 | pay 0.0295% / 4h | 3h 46m | $4.7M | $9.2M | 25x |
BingX LA-USDT
Binance LAUSDTFunding 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
- $284.99
- Price spread: +0.054% → −0.004%
- $5.73
- Slippage, 4 orders
- −$34.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $236.53
- Costs to cover
- 0.542%
- Break-even
- 1.2 days
Slippage from BingX: live order book, 10 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, 10 min ago | 2.00 bp | 12.5 bp −$12 | 47.7 bp −$477 | 578.8 bp −$57.9K | 1212.5 bp −$606.2K |
| Sell Binance live order book, 8 min ago | 1.34 bp | 12.2 bp −$12 | 40.1 bp −$401 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX LA-USDTlong | −0.1948% | 4h | 0.07469 | long leg | — | $6.6M | — | |
| Bybit LAUSDT | −0.1553% | 4h | 0.07473 | +0.054% | $2.4M | $2.5M | 25x | as long as short |
| Gate LA_USDT | −0.1508% | 4h | 0.07473 | +0.054% | $242K | $794K | 50x | as long as short |
| Aster LAUSDT | −0.0685% | 4h | 0.07465 | −0.050% | $52K | $21K | 5x | as long as short |
| Bitget LAUSDT | −0.0640% | 4h | 0.07474 | +0.067% | $2.1M | $534K | 25x | as long as short |
| BloFin LA-USDT | −0.0620% | 4h | 0.07463 | −0.080% | $250K | $20K | 25x | as long as short |
| Binance LAUSDTshort | −0.0591% | 4h | 0.07473 | +0.054% | $4.7M | $9.2M | 25x | |
| MEXC LA_USDT | −0.0572% | 4h | 0.07474 | +0.067% | $396K | $138K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0324% | 4h | 0.07468 | −0.013% | $1.0M | $69K | 30x | as long as short |
| OKX LA-USDT-SWAP | +0.0035% | 4h | 0.07473 | +0.054% | $1.4M | $3.0M | 20x | as long as short |
Bybit LAUSDT
Gate LA_USDT
Aster LAUSDT
Bitget LAUSDT
BloFin LA-USDT
MEXC LA_USDT
KuCoin LAUSDTM
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07468 | −0.019% | $147K | $456K | 10x | as long as short |
GRVT LA_USDT_Perp