Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.053%
Price spread now: BloFin against BingX−0.514%81s7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1521.523% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 3 days (all we have)+0.277%+$28 · spread now −0.514%, 7d avg −0.157%
=Funding pays, the price is against you. BloFin is 0.357% cheaper against BingX than usual: you would sell low and buy high (spread −0.514% now, against its 7-day average of −0.157%). If the spread goes back, that is −$36 on $10k: about 5.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.101% in total) that is about 25 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.101% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 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 | BingX LYN-USDT | 0.03892 | 0.0100 | pay 0.0050% / 4h | 27m 53s | — | $6.6M | — |
| Short | BloFin LYN-USDT | 0.03872 | 0.0340 | get 0.0170% / 4h | 27m 53s | $400K | $10K | 20x |
BingX LYN-USDT
BloFin LYN-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
- $50.4
- Price spread: −0.514% → −0.157%
- −$35.66
- Slippage, 4 orders
- −$130.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$137.59
- Costs to cover
- 1.523%
- Break-even
- 26.1 days
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 48 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, 9 min ago | 5.14 bp | 43.3 bp −$43 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 5.14 bp | 41.9 bp −$42 | 89.8 bp −$898 | doesn't fit | doesn't fit |
LYN on 10 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 LYNUSDT | +0.0100% | 4h | 0.03876 | −0.422% | $23K | $23K | 5x | as long as short |
| Binance LYNUSDT | +0.0100% | 4h | 0.03884 | −0.216% | $6.1M | $8.2M | 10x | as long as short |
| Bybit LYNUSDT | +0.0100% | 4h | 0.03891 | −0.026% | $1.7M | $1.8M | 25x | as long as short |
| MEXC LYN_USDT | +0.0100% | 4h | 0.03882 | −0.257% | $1.1M | $405K | 50x | as long as short |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.03876 | −0.411% | $1.1M | $186K | 10x | as long as short |
| Bitget LYNUSDT | +0.0100% | 4h | 0.03894 | +0.051% | $1.7M | $586K | 10x | as long as short |
| BingX LYN-USDTlong | +0.0100% | 4h | 0.03892 | long leg | — | $6.6M | — | |
| Extended LYN-USD | +0.0104% | 1h | 0.03880 | −0.316% | $5K | $160K | 5x | as long as short |
| BloFin LYN-USDTshort | +0.0340% | 4h | 0.03872 | −0.514% | $400K | $10K | 20x | |
| Gate LYN_USDT | +0.0510% | 4h | 0.03895 | +0.077% | $268K | $222K | 25x | as long as short |
Aster LYNUSDT
Binance LYNUSDT
Bybit LYNUSDT
MEXC LYN_USDT
KuCoin LYNUSDTM
Bitget LYNUSDT
Extended LYN-USD
Gate LYN_USDT