Funding you earn now, next payment 04:00 UTC+0.0052%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against BingX+0.402%66s7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as 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−$2002.002% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.402%, 7d avg +0.125%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.277% dearer against BingX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.125%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NAORIS-USDT | 0.03727 | 0.0498 | pay 0.0249% / 4h | 48m 05s | — | $1.3M | — |
| Short | BloFin NAORIS-USDT | 0.03742 | 0.0550 | get 0.0275% / 4h | 48m 05s | $287K | $10K | 10x |
BingX NAORIS-USDT
BloFin NAORIS-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
- $10.83
- Price spread: +0.402% → +0.125%
- $27.73
- Slippage, 4 orders
- −$178.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$161.63
- Costs to cover
- 2.002%
- Break-even
- 111.5 days
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 51 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, 11 min ago | 9.41 bp | 61.6 bp −$62 | 384.9 bp −$3,849 | 1118.4 bp −$111.8K | 1378.0 bp −$689.0K |
| Sell BloFin live order book, 51 min ago | 17.48 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.03725 | −0.048% | $1.1M | $487K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03722 | −0.134% | $290K | $14K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03717 | −0.268% | $439K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03731 | +0.107% | $3.3M | $239K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03734 | +0.184% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0355% | 4h | 0.03722 | −0.146% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDTlong | +0.0498% | 4h | 0.03727 | long leg | — | $1.3M | — | |
| MEXC NAORIS_USDT | +0.0548% | 4h | 0.03723 | −0.107% | $4.3M | $217K | 100x | as long as short |
| Binance NAORISUSDT | +0.0549% | 4h | 0.03727 | −0.005% | $5.0M | $1.3M | 10x | as long as short |
| BloFin NAORIS-USDTshort | +0.0550% | 4h | 0.03742 | +0.402% | $287K | $10K | 10x |
Bybit NAORISUSDT
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
MEXC NAORIS_USDT
Binance NAORISUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NAORIS-USD | +0.0552% | 1h | 0.03726 | −0.036% | $6K | $99K | 5x | as long as short |
Extended NAORIS-USD