Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against BloFin−0.060%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$970.968% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.060%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LPT-USDT | 1.6780 | 0.0137 | pay 0.0068% / 4h | 2h 22m | $189K | $32K | 50x |
| Short | BingX LPT-USDT | 1.6770 | 0.0100 | get 0.0050% / 4h | 2h 22m | — | $2.5M | — |
BloFin LPT-USDT
BingX LPT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$7.76
- Price spread: −0.060% → +0.023%
- −$8.26
- Slippage, 4 orders
- −$74.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$112.85
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; BingX: live order book, 12 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 BloFin live order book, 49 min ago | 8.77 bp | 16.8 bp −$17 | 42.4 bp −$424 | 424.4 bp −$42.4K | doesn't fit |
| Sell BingX live order book, 12 min ago | 8.93 bp | 23.6 bp −$24 | 60.5 bp −$605 | 365.9 bp −$36.6K | 475.2 bp −$237.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LPTUSD | +0.0049% | 1h | 1.6753 | −0.161% | $42K | $91K | 25x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.6775 | −0.031% | $1K | $17K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.6790 | +0.060% | $3.4M | $8.7M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.6778 | −0.012% | $1.5M | $1.8M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.6780 | 0.000% | $1.4M | $2.6M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.6770 | −0.060% | $221K | $841K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.6760 | −0.119% | $1.8M | $850K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.6760 | −0.119% | $314K | $153K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.6770 | −0.060% | $1.3M | $584K | 50x | as long as short |
| BingX LPT-USDTshort | +0.0100% | 4h | 1.6770 | −0.060% | — | $2.5M | — |
Kraken Futures PF_LPTUSD
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.6730 | −0.297% | $6K | $3K | — | as long as short |
| BloFin LPT-USDTlong | +0.0137% | 4h | 1.6780 | long leg | $189K | $32K | 50x |
Variational Omni LPT