Funding you earn now, next payment 22:00 UTC−0.1381%/8h= −151.2% APRnext payment −$1.73 per $10,000 · paid last 24h −0.085%
Price spread now: BloFin against BingX−0.797%66s7-day average −0.290% · you buy dearer than you sell
Net, funding: paid 7d − costs−$420as 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−$550.553% of the position
Funding, last 7 days−3.646%−$365 on $10k
+Price spread, last 3 days (all we have)−2.398%−$240 · spread now −0.797%, 7d avg −0.290%
=Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and BloFin is 0.507% cheaper against BingX than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.290%). Swap the legs. 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 ONE-USDT | 0.004078 | −0.0120 | get 0.0015% / 1h | 54m 03s | — | $6.4M | — |
| Short | BloFin ONE-USDT | 0.004046 | −0.1501 | pay 0.0188% / 1h | 54m 03s | $799K | $3.1M | 50x |
BingX ONE-USDT
BloFin ONE-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
- −$289.96
- Price spread: −0.797% → −0.290%
- −$50.71
- Slippage, 4 orders
- −$33.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$395.96
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 4 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 | 2.53 bp | 10.3 bp −$10 | 40.3 bp −$403 | 590.3 bp −$59.0K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.25 bp | 21.6 bp −$22 | 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 | −0.5403% | 1h | 0.003981 | −2.398% | $98K | $56K | — | as long as short |
| Bitget ONEUSDT | −0.2728% | 1h | 0.004101 | +0.549% | $1.9M | $37.5M | 20x | as long as short |
| Aster ONEUSDT | −0.1833% | 1h | 0.004086 | +0.191% | $2.2M | $8.5M | 5x | as long as short |
| BloFin ONE-USDTshort | −0.1501% | 1h | 0.004046 | −0.797% | $799K | $3.1M | 50x | |
| Binance ONEUSDT | −0.1356% | 1h | 0.004086 | +0.184% | $13.7M | $356.7M | 50x | as long as short |
| MEXC ONE_USDT | −0.1352% | 1h | 0.004101 | +0.549% | $9.9M | $16.5M | 20x | as long as short |
| Gate ONE_USDT | −0.0245% | 8h | 0.004073 | −0.135% | $1.6M | $16.3M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0120% | 1h | 0.004078 | long leg | — | $6.4M | — | |
| KuCoin ONEUSDTM | +0.1064% | 1h | 0.004290 | +5.186% | $4.8M | $11.8M | 30x | as long as short |
Variational Omni ONE
Bitget ONEUSDT
Aster ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT
KuCoin ONEUSDTM