Funding you earn now, next payment 03:00 UTC−0.2572%/8h= −281.7% APRnext payment −$3.22 per $10,000 · paid last 24h −0.763%
Price spread now: Binance against BingX+0.150%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$699as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$480.475% of the position
Funding, last 7 days−6.518%−$652 on $10k
+Price spread, last 7 days−0.152%−$15 · spread now +0.150%, 7d avg −0.060%
=The price spread pays, funding is against you. Binance is 0.210% dearer against BingX than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of −0.060%): +$21 on $10k if it goes back. Holding the pair costs −$77 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LSK-USDT | 0.3474 | −0.2104 | get 0.0263% / 1h | 44m 34s | — | $2.9M | — |
| Short | Binance LSKUSDT | 0.3479 | −0.4676 | pay 0.0585% / 1h | 44m 34s | $14.8M | $99.9M | 50x |
BingX LSK-USDT
Binance LSKUSDTFunding 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
- −$540.22
- Price spread: +0.150% → −0.060%
- $20.98
- Slippage, 4 orders
- −$27.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$566.75
- Costs to cover
- 0.475%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 13 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, 5 min ago | 2.30 bp | 13.8 bp −$14 | 39.8 bp −$398 | 395.2 bp −$39.5K | 673.2 bp −$336.6K |
| Sell Binance live order book, 13 min ago | 0.14 bp | 5.4 bp −$5 | 58.4 bp −$584 | doesn't fit | doesn't fit |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LSKUSD | −0.5562% | 1h | 0.3489 | +0.443% | $114K | $250K | 10x | as long as short |
| Binance LSKUSDTshort | −0.4676% | 1h | 0.3479 | +0.150% | $14.8M | $99.9M | 50x | |
| MEXC LSK_USDT | −0.4672% | 1h | 0.3480 | +0.167% | $8.0M | $2.5M | 20x | as long as short |
| Bybit LSKUSDT | −0.4389% | 1h | 0.3486 | +0.345% | $9.5M | $21.0M | 25x | as long as short |
| Aster LSKUSDT | −0.4278% | 1h | 0.3477 | +0.099% | $61K | $135K | 5x | as long as short |
| Phemex LSKUSDT | −0.3981% | 4h | 0.3476 | +0.069% | $1.3M | $2.3M | 10x | as long as short |
| Gate LSK_USDT | −0.3656% | 1h | 0.3477 | +0.092% | $1.4M | $2.7M | 20x | as long as short |
| Variational Omni LSK | −0.2892% | 1h | 0.3479 | +0.139% | $26K | $192K | — | as long as short |
| Bitget LSKUSDT | −0.2720% | 1h | 0.3478 | +0.121% | $2.7M | $9.7M | 50x | as long as short |
| BingX LSK-USDTlong | −0.2104% | 1h | 0.3474 | long leg | — | $2.9M | — |
Kraken Futures PF_LSKUSD
MEXC LSK_USDT
Bybit LSKUSDT
Aster LSKUSDT
Phemex LSKUSDT
Gate LSK_USDT
Variational Omni LSK
Bitget LSKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LSK-USDT | +0.0100% | 1h | 0.3469 | −0.147% | $57K | $287K | 20x | as long as short |
HTX LSK-USDT