Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX+0.019%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 4 days (all we have)+0.267%+$27 · spread now +0.019%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OPN-USDT | 0.05231 | 0.0224 | pay 0.0112% / 4h | 26m 56s | — | $1.7M | — |
| Short | BloFin OPN-USDT | 0.05232 | 0.0120 | get 0.0060% / 4h | 26m 56s | $183K | $4K | 50x |
BingX OPN-USDT
BloFin OPN-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
- −$21.92
- Price spread: +0.019% → +0.022%
- −$0.26
- Slippage, 4 orders
- −$38.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$83.1
- Costs to cover
- 0.609%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 3 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, 5 min ago | 4.75 bp | 11.6 bp −$12 | 25.3 bp −$253 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 3.81 bp | 20.5 bp −$21 | 62.0 bp −$620 | doesn't fit | doesn't fit |
OPN on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_OPNUSD | −0.2712% | 1h | 0.05168 | −1.208% | $2K | $4K | 20x | as long as short |
| Binance OPNUSDT | +0.0100% | 4h | 0.05231 | 0.000% | $3.7M | $6.0M | 25x | as long as short |
| Bybit OPNUSDT | +0.0100% | 4h | 0.05229 | −0.038% | $733K | $2.9M | 20x | as long as short |
| MEXC OPN_USDT | +0.0100% | 4h | 0.05230 | −0.019% | $893K | $320K | 50x | as long as short |
| KuCoin OPNUSDTM | +0.0100% | 4h | 0.05233 | +0.038% | $144K | $67K | 25x | as long as short |
| Bitget OPNUSDT | +0.0100% | 4h | 0.05232 | +0.019% | $604K | $185K | 20x | as long as short |
| Orderly PERP_OPN_USDC_mythos | +0.0100% | 4h | 0.05230 | −0.019% | $3K | $5K | 10x | as long as short |
| SunX OPN-USDT | +0.0100% | 4h | 0.05340 | +2.084% | $1K | $1.4M | 20x | as long as short |
| BloFin OPN-USDTshort | +0.0120% | 4h | 0.05232 | +0.019% | $183K | $4K | 50x | |
| Aster OPNUSDT | +0.0148% | 4h | 0.05234 | +0.049% | $8K | $14K | 5x | as long as short |
Kraken Futures PF_OPNUSD
Binance OPNUSDT
Bybit OPNUSDT
MEXC OPN_USDT
KuCoin OPNUSDTM
Bitget OPNUSDT
Orderly PERP_OPN_USDC_mythos
SunX OPN-USDT
Aster OPNUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPN_USDC-PERPETUAL | +0.0190% | 1h | 0.05228 | −0.052% | — | — | 10x | as long as short |
| OKX OPN-USDT-SWAP | +0.0195% | 4h | 0.05235 | +0.076% | $811K | $3.1M | 20x | as long as short |
| BingX OPN-USDTlong | +0.0224% | 4h | 0.05231 | long leg | — | $1.7M | — | |
| Gate OPN_USDT | +0.0878% | 4h | 0.05238 | +0.134% | $211K | $171K | 50x | as long as short |
| Coinbase International OPN-PERP-INTX | +0.1664% | 1h | 0.05259 | +0.543% | $14K | $5K | 50x | as long as short |
Deribit OPN_USDC-PERPETUAL
OKX OPN-USDT-SWAP
Gate OPN_USDT
Coinbase International OPN-PERP-INTX