Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against BingX+0.119%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$880.884% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.119%, 7d avg −0.021%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.140% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LPT-USDT | 1.6820 | 0.0100 | pay 0.0050% / 4h | 3h 39m | — | $2.4M | — |
| Short | BloFin LPT-USDT | 1.6840 | 0.0152 | get 0.0076% / 4h | 3h 39m | $190K | $30K | 50x |
BingX LPT-USDT
BloFin LPT-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
- $11.01
- Price spread: +0.119% → −0.021%
- $14.04
- Slippage, 4 orders
- −$66.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.3
- Costs to cover
- 0.884%
- Break-even
- 47.2 days
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 17 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 | 2.96 bp | 19.1 bp −$19 | 56.9 bp −$569 | 404.5 bp −$40.5K | 484.9 bp −$242.4K |
| Sell BloFin live order book, 17 min ago | 2.96 bp | 16.6 bp −$17 | 47.7 bp −$477 | 340.2 bp −$34.0K | doesn't fit |
LPT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LPTUSDT | +0.0100% | 4h | 1.6817 | −0.017% | $2K | $17K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.6840 | +0.119% | $3.4M | $8.5M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.6820 | 0.000% | $1.5M | $1.8M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.6820 | 0.000% | $1.4M | $2.4M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.6830 | +0.059% | $211K | $819K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.6820 | 0.000% | $2.0M | $829K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.6830 | +0.059% | $301K | $152K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.6840 | +0.119% | $1.3M | $523K | 50x | as long as short |
| BingX LPT-USDTlong | +0.0100% | 4h | 1.6820 | long leg | — | $2.4M | — | |
| Variational Omni LPT | +0.0100% | 4h | 1.6828 | +0.046% | $6K | $3K | — | as long as short |
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDT
Variational Omni LPTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LPT-USDTshort | +0.0152% | 4h | 1.6840 | +0.119% | $190K | $30K | 50x | |
| Kraken Futures PF_LPTUSD | +0.0653% | 1h | 1.6837 | +0.101% | $42K | $95K | 25x | as long as short |
Kraken Futures PF_LPTUSD