Funding you earn now, next payment 08:00 UTC−0.0182%/8h= −19.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.044%
Price spread now: Binance against BingX−0.036%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as 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−0.078%−$8 · spread now −0.036%, 7d avg −0.085%
=The price spread pays, funding is against you. Binance is 0.050% dearer against BingX than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.085%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.141% in total) that is about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LUMIA-USDT | 0.08433 | 0.0282 | pay 0.0141% / 4h | 2h 19m | — | $1.3M | — |
| Short | Binance LUMIAUSDT | 0.08430 | 0.0100 | get 0.0050% / 4h | 2h 19m | $4.8M | $2.0M | 10x |
BingX LUMIA-USDT
Binance LUMIAUSDTFunding 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
- −$38.22
- Price spread: −0.036% → −0.085%
- $4.95
- Slippage, 4 orders
- −$137.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$190.79
- Costs to cover
- 1.575%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 3 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 | 6.53 bp | 39.3 bp −$39 | 488.6 bp −$4,886 | 717.1 bp −$71.7K | 937.7 bp −$468.9K |
| Sell Binance live order book, 3 min ago | 4.76 bp | 47.5 bp −$47 | 390.8 bp −$3,908 | doesn't fit | 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 | 0.08419 | −0.164% | $987K | $2K | 5x | as long as short |
| Binance LUMIAUSDTshort | +0.0100% | 4h | 0.08430 | −0.036% | $4.8M | $2.0M | 10x | |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08422 | −0.130% | $304K | $38K | 20x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08430 | −0.036% | $189K | $125K | 100x | as long as short |
| Variational Omni LUMIA | +0.0246% | 4h | 0.08453 | +0.231% | $6K | $5K | — | as long as short |
| BingX LUMIA-USDTlong | +0.0282% | 4h | 0.08433 | long leg | — | $1.3M | — | |
| Bitget LUMIAUSDT | +0.0292% | 4h | 0.08455 | +0.261% | $2.7M | $341K | 10x | as long as short |
| Bybit LUMIAUSDT | +0.0626% | 4h | 0.08457 | +0.285% | $726K | $306K | 25x | as long as short |
Aster LUMIAUSDT
Gate LUMIA_USDT
MEXC LUMIA_USDT
Variational Omni LUMIA
Bitget LUMIAUSDT
Bybit LUMIAUSDT