Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Binance−0.102%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2092.089% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.102%, 7d avg −0.109%
=The price spread sits at its 7-day average of −0.109%, 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 | Binance ORDERUSDT | 0.04006 | 0.0100 | pay 0.0050% / 4h | 35m 08s | $1.4M | $1.5M | 50x |
| Short | BingX ORDER-USDT | 0.04002 | 0.0200 | get 0.0100% / 4h | 35m 08s | — | $1.3M | — |
Binance ORDERUSDT
BingX ORDER-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
- $21
- Price spread: −0.102% → −0.109%
- $0.66
- Slippage, 4 orders
- −$188.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$187.21
- Costs to cover
- 2.089%
- Break-even
- 69.4 days
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 9 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, 13 min ago | 4.99 bp | 54.4 bp −$54 | 303.9 bp −$3,039 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.45 bp | 49.2 bp −$49 | 162.7 bp −$1,627 | 672.0 bp −$67.2K | 957.0 bp −$478.5K |
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDTlong | +0.0100% | 4h | 0.04006 | long leg | $1.4M | $1.5M | 50x | |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.03994 | −0.302% | $1.3M | $581K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.03999 | −0.177% | $162K | $281K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04003 | −0.077% | $74K | $74K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04006 | −0.002% | $270K | $101K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04001 | −0.127% | $220K | $82K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04004 | −0.052% | $476K | $198K | 20x | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03995 | −0.276% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0128% | 8h | 0.03998 | −0.202% | $66K | $7K | 16x | as long as short |
| BingX ORDER-USDTshort | +0.0200% | 4h | 0.04002 | −0.102% | — | $1.3M | — |
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDER
BloFin ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0942% | 4h | 0.04004 | −0.052% | $189K | $216K | 10x | as long as short |
Orderly PERP_ORDER_USDC