Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.042%
Price spread now: BingX against Binance−0.046%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$660.664% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 7 days+0.085%+$8 · spread now −0.046%, 7d avg +0.012%
=Funding pays, the price is against you. BingX is 0.057% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.012%). If the spread goes back, that is −$6 on $10k: about 3.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.263% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUBARAKUSDT | 0.04379 | 0.0100 | pay 0.0050% / 4h | 6m 55s | $15.9M | $86.7M | 25x |
| Short | BingX MUBARAK-USDT | 0.04377 | 0.0150 | get 0.0075% / 4h | 6m 55s | — | $3.1M | — |
Binance MUBARAKUSDT
BingX MUBARAK-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
- $10.5
- Price spread: −0.046% → +0.012%
- −$5.74
- Slippage, 4 orders
- −$46.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.67
- Costs to cover
- 0.664%
- Break-even
- 48.1 days
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 2 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, 6 min ago | 2.29 bp | 15.4 bp −$15 | 56.2 bp −$562 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.57 bp | 18.1 bp −$18 | 39.7 bp −$397 | 318.8 bp −$31.9K | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDTlong | +0.0100% | 4h | 0.04379 | long leg | $15.9M | $86.7M | 25x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04372 | −0.164% | $2.6M | $53.1M | 20x | as long as short |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04374 | −0.114% | $864K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04376 | −0.069% | $2.7M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04373 | −0.148% | $13K | $51K | — | as long as short |
| Bybit MUBARAKUSDT | +0.0142% | 4h | 0.04376 | −0.064% | $3.3M | $10.7M | 25x | as long as short |
| BingX MUBARAK-USDTshort | +0.0150% | 4h | 0.04377 | −0.046% | — | $3.1M | — | |
| Aster MUBARAKUSDT | +0.0183% | 4h | 0.04375 | −0.102% | $20K | $395K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.0980% | 4h | 0.04374 | −0.114% | $6.9M | $5.4M | 50x | as long as short |
| KuCoin MUBARAKUSDTM | +0.1336% | 4h | 0.04379 | 0.000% | $1.5M | $1.0M | 30x | as long as short |
OKX MUBARAK-USDT-SWAP
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Bybit MUBARAKUSDT
Aster MUBARAKUSDT
Gate MUBARAK_USDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.1930% | 1h | 0.04376 | −0.080% | $65K | $419K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD