Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Binance−0.027%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2712.712% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 7 days−0.043%−$4 · spread now −0.027%, 7d avg −0.071%
=The price spread pays, funding is against you. BingX is 0.044% dearer against Binance than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.071%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days. At the pace of the last 7 days (−0.018% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NAORISUSDT | 0.03756 | 0.0655 | pay 0.0328% / 4h | 2m 44s | $5.0M | $1.2M | 10x |
| Short | BingX NAORIS-USDT | 0.03755 | 0.0628 | get 0.0314% / 4h | 2m 44s | — | $1.3M | — |
Binance NAORISUSDT
BingX NAORIS-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
- −$5.83
- Price spread: −0.027% → −0.071%
- $4.45
- Slippage, 4 orders
- −$251.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$272.55
- Costs to cover
- 2.712%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; BingX: 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 Binance live order book, 5 min ago | 3.99 bp | 74.1 bp −$74 | 480.1 bp −$4,801 | 9325.1 bp −$932.5K | doesn't fit |
| Sell BingX live order book, 3 min ago | 10.65 bp | 57.3 bp −$57 | 334.4 bp −$3,344 | 1341.6 bp −$134.2K | 1474.0 bp −$737.0K |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03751 | −0.136% | $1.1M | $451K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03752 | −0.106% | $293K | $14K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03758 | +0.053% | $443K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03761 | +0.133% | $3.4M | $215K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03753 | −0.084% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0421% | 4h | 0.03751 | −0.143% | $5K | $5K | 5x | as long as short |
| BloFin NAORIS-USDT | +0.0620% | 4h | 0.03746 | −0.266% | $290K | $10K | 10x | as long as short |
| BingX NAORIS-USDTshort | +0.0628% | 4h | 0.03755 | −0.027% | — | $1.3M | — | |
| MEXC NAORIS_USDT | +0.0654% | 4h | 0.03766 | +0.266% | $4.4M | $223K | 100x | as long as short |
| Binance NAORISUSDTlong | +0.0655% | 4h | 0.03756 | long leg | $5.0M | $1.2M | 10x |
Bybit NAORISUSDT
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BloFin NAORIS-USDT
MEXC NAORIS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NAORIS-USD | +0.0656% | 1h | 0.03756 | −0.012% | $2K | $100K | 5x | as long as short |
Extended NAORIS-USD