Funding you earn now, next payment 08:00 UTC+0.0494%/8h= +54.1% APRnext payment +$2.47 per $10,000 · paid last 24h +0.044%
Price spread now: BingX against Binance+0.159%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1581.575% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now +0.159%, 7d avg +0.085%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BingX is 0.074% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.085%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.141% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 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 | Binance LUMIAUSDT | 0.08438 | 0.0100 | pay 0.0050% / 4h | 2h 17m | $4.8M | $2.0M | 10x |
| Short | BingX LUMIA-USDT | 0.08451 | 0.0594 | get 0.0297% / 4h | 2h 17m | — | $1.3M | — |
Binance LUMIAUSDT
BingX LUMIA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $103.74
- Price spread: +0.159% → +0.085%
- $7.4
- Slippage, 4 orders
- −$137.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$46.38
- Costs to cover
- 1.575%
- Break-even
- 10.1 days
Slippage from Binance: live order book, 5 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 Binance live order book, 5 min ago | 4.76 bp | 38.2 bp −$38 | 757.6 bp −$7,576 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 6.53 bp | 32.6 bp −$33 | 283.6 bp −$2,836 | 664.1 bp −$66.4K | doesn't fit |
LUMIA on 8 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 LUMIAUSDT | +0.0100% | 4h | 0.08445 | +0.084% | $990K | $2K | 5x | as long as short |
| Binance LUMIAUSDTlong | +0.0100% | 4h | 0.08438 | long leg | $4.8M | $2.0M | 10x | |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08426 | −0.137% | $304K | $38K | 20x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08438 | +0.005% | $187K | $126K | 100x | as long as short |
| Variational Omni LUMIA | +0.0246% | 4h | 0.08453 | +0.177% | $6K | $5K | — | as long as short |
| Bitget LUMIAUSDT | +0.0316% | 4h | 0.08458 | +0.242% | $2.7M | $341K | 10x | as long as short |
| BingX LUMIA-USDTshort | +0.0594% | 4h | 0.08451 | +0.159% | — | $1.3M | — | |
| Bybit LUMIAUSDT | +0.0630% | 4h | 0.08470 | +0.384% | $727K | $306K | 25x | as long as short |
Aster LUMIAUSDT
Gate LUMIA_USDT
MEXC LUMIA_USDT
Variational Omni LUMIA
Bitget LUMIAUSDT
Bybit LUMIAUSDT