Funding you earn now, next payment 08:00 UTC+0.0016%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against BloFin−0.133%66s7-day average −0.125% · you buy dearer than you sell
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−$2002.003% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.133%, 7d avg −0.125%
=The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. 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 | BloFin NAORIS-USDT | 0.03762 | 0.0610 | pay 0.0305% / 4h | 3h 58m | $291K | $11K | 10x |
| Short | BingX NAORIS-USDT | 0.03757 | 0.0626 | get 0.0313% / 4h | 3h 58m | — | $1.3M | — |
BloFin NAORIS-USDT
BingX NAORIS-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $3.29
- Price spread: −0.133% → −0.125%
- −$0.77
- Slippage, 4 orders
- −$178.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$197.74
- Costs to cover
- 2.003%
- Break-even
- 427.7 days
Slippage from BloFin: live order book, 37 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, 37 min ago | 6.71 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 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 | 0.03754 | −0.218% | $1.1M | $450K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03753 | −0.239% | $293K | $14K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03758 | −0.106% | $443K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03764 | +0.053% | $3.4M | $215K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03755 | −0.190% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0419% | 4h | 0.03753 | −0.251% | $5K | $5K | 5x | as long as short |
| BloFin NAORIS-USDTlong | +0.0610% | 4h | 0.03762 | long leg | $291K | $11K | 10x | |
| BingX NAORIS-USDTshort | +0.0626% | 4h | 0.03757 | −0.133% | — | $1.3M | — | |
| Extended NAORIS-USD | +0.0648% | 1h | 0.03754 | −0.216% | $5K | $104K | 5x | as long as short |
| MEXC NAORIS_USDT | +0.0650% | 4h | 0.03766 | +0.106% | $4.4M | $213K | 100x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
Extended NAORIS-USD
MEXC NAORIS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NAORISUSDT | +0.0651% | 4h | 0.03756 | −0.152% | $5.0M | $1.2M | 10x | as long as short |
Binance NAORISUSDT