Funding you earn now, next payment 22:00 UTC−0.1363%/8h= −149.2% APRnext payment −$1.70 per $10,000 · paid last 24h +0.223%
Price spread now: Binance against BingX+0.064%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days−1.132%−$113 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now +0.064%, 7d avg −0.061%
=The price spread pays, funding is against you. Binance is 0.125% dearer against BingX than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.061%): +$12 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−1.132% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004206 | −0.0112 | get 0.0014% / 1h | 17m 27s | — | $6.4M | — |
| Short | Binance ONEUSDT | 0.004208 | −0.1475 | pay 0.0184% / 1h | 17m 27s | $14.1M | $357.7M | 50x |
BingX ONE-USDT
Binance ONEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$286.2
- Price spread: +0.064% → −0.061%
- $12.48
- Slippage, 4 orders
- −$47.92
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$341.64
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 11 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, 2 min ago | 3.11 bp | 16.7 bp −$17 | 53.6 bp −$536 | 551.9 bp −$55.2K | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.03 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −1.1606% | 1h | 0.004193 | −0.297% | $103K | $55K | — | as long as short |
| Bitget ONEUSDT | −0.2968% | 1h | 0.004226 | +0.495% | $1.8M | $37.5M | 20x | as long as short |
| BloFin ONE-USDT | −0.2390% | 1h | 0.004178 | −0.644% | $811K | $3.2M | 50x | as long as short |
| Aster ONEUSDT | −0.1718% | 1h | 0.004211 | +0.121% | $2.2M | $8.5M | 5x | as long as short |
| Binance ONEUSDTshort | −0.1475% | 1h | 0.004208 | +0.064% | $14.1M | $357.7M | 50x | |
| MEXC ONE_USDT | −0.1464% | 1h | 0.004226 | +0.492% | $10.4M | $16.8M | 20x | as long as short |
| KuCoin ONEUSDTM | −0.1296% | 1h | 0.004503 | +7.074% | $5.2M | $11.8M | 30x | as long as short |
| Gate ONE_USDT | −0.0246% | 8h | 0.004168 | −0.892% | $1.7M | $16.4M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0112% | 1h | 0.004206 | long leg | — | $6.4M | — |
Variational Omni ONE
Bitget ONEUSDT
BloFin ONE-USDT
Aster ONEUSDT
MEXC ONE_USDT
KuCoin ONEUSDTM
Gate ONE_USDT