Funding you earn now, next payment 08:00 UTC+0.0359%/8h= +39.3% APRnext payment +$1.79 per $10,000 · paid last 24h +0.031%
Price spread now: BloFin against BingX−0.229%51s7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.501%+$50 on $10k
+Price spread, last 4 days (all we have)+0.376%+$38 · spread now −0.229%, 7d avg −0.034%
=Funding pays, the price is against you. BloFin is 0.195% cheaper against BingX than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.034%). If the spread goes back, that is −$20 on $10k: about 44 hours of funding at the current rate (+$11 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07414 | −0.0510 | get 0.0255% / 4h | 3h 32m | — | $6.6M | — |
| Short | BloFin LA-USDT | 0.07397 | −0.0151 | pay 0.0076% / 4h | 3h 32m | $245K | $20K | 25x |
BingX LA-USDT
BloFin LA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $75.3
- Price spread: −0.229% → −0.034%
- −$19.54
- Slippage, 4 orders
- −$38.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.53
- Costs to cover
- 0.603%
- Break-even
- 7.4 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 59 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, 4 min ago | 2.03 bp | 11.6 bp −$12 | 28.7 bp −$287 | 830.6 bp −$83.1K | 1334.4 bp −$667.2K |
| Sell BloFin live order book, 59 min ago | 0.67 bp | 18.3 bp −$18 | 38.4 bp −$384 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LAUSDT | −0.0576% | 4h | 0.07401 | −0.175% | $2.0M | $480K | 25x | as long as short |
| BingX LA-USDTlong | −0.0510% | 4h | 0.07414 | long leg | — | $6.6M | — | |
| Aster LAUSDT | −0.0330% | 4h | 0.07405 | −0.122% | $51K | $25K | 5x | as long as short |
| KuCoin LAUSDTM | −0.0192% | 4h | 0.07405 | −0.121% | $1.0M | $83K | 30x | as long as short |
| Binance LAUSDT | −0.0187% | 4h | 0.07411 | −0.045% | $4.7M | $9.8M | 25x | as long as short |
| MEXC LA_USDT | −0.0186% | 4h | 0.07411 | −0.040% | $375K | $133K | 50x | as long as short |
| BloFin LA-USDTshort | −0.0151% | 4h | 0.07397 | −0.229% | $245K | $20K | 25x | |
| Bybit LAUSDT | −0.0097% | 4h | 0.07418 | +0.054% | $2.4M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0042% | 4h | 0.07415 | +0.013% | $1.3M | $3.0M | 20x | as long as short |
| Gate LA_USDT | +0.0058% | 4h | 0.07405 | −0.121% | $238K | $823K | 50x | as long as short |
Bitget LAUSDT
Aster LAUSDT
KuCoin LAUSDTM
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDT
OKX LA-USDT-SWAP
Gate LA_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07400 | −0.189% | $146K | $467K | 10x | as long as short |
GRVT LA_USDT_Perp