LYN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1066%/8h= +116.7% APRnext payment +$5.33 per $10,000 · paid last 24h −0.050%

Price spread now: BingX against BloFin+0.483%7-day average +0.160% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1631.630% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.483%, 7d avg +0.160%

Together, before fees−0.350%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and BingX is 0.323% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.160%. Mind the row above: over the last 7 days funding on this pair cost −0.104%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.33 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	BloFin LYN-USDT	0.04142	0.0340	pay 0.0170% / 4h	2h 38m	$418K	$14K	20x
Short	BingX LYN-USDT	0.04162	0.1406	get 0.0703% / 4h	2h 38m	—	$6.7M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now +0.483%Rate

Funding earned: $223.86
Price spread: +0.483% → +0.160%: $32.32
Slippage, 4 orders: −$141.04
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $93.14
Costs to cover: 1.630%
Break-even: 4.1 days

Slippage from BloFin: live order book, 52 min ago; BingX: live order book, 8 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, 52 min ago	6.07 bp	14.4 bp −$14	102.0 bp −$1,020	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	8.42 bp	49.8 bp −$50	151.4 bp −$1,514	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	0.04158	+0.397%	$25K	$27K	5x	as long as short
Binance LYNUSDT	+0.0100%	4h	0.04152	+0.241%	$6.5M	$9.1M	10x	as long as short
Gate LYN_USDT	+0.0100%	4h	0.04164	+0.531%	$284K	$248K	25x	as long as short
MEXC LYN_USDT	+0.0100%	4h	0.04149	+0.169%	$1.2M	$433K	50x	as long as short
KuCoin LYNUSDTM	+0.0100%	4h	0.04152	+0.241%	$1.2M	$163K	10x	as long as short
Extended LYN-USD	+0.0104%	1h	0.04148	+0.146%	$5K	$229K	5x	as long as short
Bitget LYNUSDT	+0.0222%	4h	0.04168	+0.628%	$1.8M	$670K	10x	as long as short
BloFin LYN-USDTlong	+0.0340%	4h	0.04142	long leg	$418K	$14K	20x
Bybit LYNUSDT	+0.1303%	4h	0.04164	+0.531%	$2.0M	$2.2M	25x	as long as short
BingX LYN-USDTshort	+0.1406%	4h	0.04162	+0.483%	—	$6.7M	—