Funding you earn now, next payment 05:00 UTC+0.1023%/8h= +112.1% APRnext payment +$1.28 per $10,000 · paid last 24h −0.420%
Price spread now: BingX against Binance−0.239%7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs+$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+1.456%+$146 on $10k
+Price spread, last 7 days+0.092%+$9 · spread now −0.239%, 7d avg +0.098%
=Funding pays, the price is against you. BingX is 0.337% cheaper against Binance than usual: you would sell low and buy high (spread −0.239% now, against its 7-day average of +0.098%). If the spread goes back, that is −$34 on $10k: about 26 hours of funding at the current rate (+$31 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONEUSDT | 0.004053 | −0.1111 | get 0.0139% / 1h | 33m 07s | $14.0M | $333.7M | 50x |
| Short | BingX ONE-USDT | 0.004044 | −0.0088 | pay 0.0011% / 1h | 33m 07s | — | $5.6M | — |
Binance ONEUSDT
BingX ONE-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
- $214.91
- Price spread: −0.239% → +0.098%
- −$33.7
- Slippage, 4 orders
- −$43.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $118.03
- Costs to cover
- 0.632%
- Break-even
- 3.2 days
Slippage from Binance: live order book, 10 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, 10 min ago | 1.12 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.35 bp | 16.8 bp −$17 | 50.6 bp −$506 | 451.8 bp −$45.2K | 1240.4 bp −$620.2K |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.4939% | 1h | 0.005223 | +28.860% | $6.2M | $238.2M | 10x | as long as short |
| Variational Omni ONE | −0.6149% | 1h | 0.004007 | −1.150% | $99K | $51K | — | as long as short |
| BloFin ONE-USDT | −0.2071% | 1h | 0.004037 | −0.417% | $797K | $2.3M | 50x | as long as short |
| Aster ONEUSDT | −0.2006% | 1h | 0.004051 | −0.062% | $2.1M | $5.8M | 5x | as long as short |
| Bitget ONEUSDT | −0.1920% | 1h | 0.004084 | +0.755% | $1.9M | $31.7M | 20x | as long as short |
| KuCoin ONEUSDTM | −0.1368% | 1h | 0.004196 | +3.518% | $3.9M | $12.4M | 30x | as long as short |
| Binance ONEUSDTlong | −0.1111% | 1h | 0.004053 | long leg | $14.0M | $333.7M | 50x | |
| MEXC ONE_USDT | −0.1088% | 1h | 0.004037 | −0.417% | $11.1M | $15.1M | 20x | as long as short |
| Gate ONE_USDT | −0.0659% | 8h | 0.004033 | −0.503% | $1.7M | $15.3M | 20x | as long as short |
| BingX ONE-USDTshort | −0.0088% | 1h | 0.004044 | −0.239% | — | $5.6M | — |
OKX ONE-USDT-SWAP
Variational Omni ONE
BloFin ONE-USDT
Aster ONEUSDT
Bitget ONEUSDT
KuCoin ONEUSDTM
MEXC ONE_USDT
Gate ONE_USDT