Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against BingX+0.048%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1681.676% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now +0.048%, 7d avg +0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.061% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDER-USDT | 0.04134 | 0.0100 | pay 0.0050% / 4h | 1h 19m | — | $1.3M | — |
| Short | Binance ORDERUSDT | 0.04136 | 0.0100 | get 0.0050% / 4h | 1h 19m | $1.4M | $1.8M | 50x |
BingX ORDER-USDT
Binance ORDERUSDTFunding 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
- $0
- Price spread: +0.048% → +0.110%
- −$6.12
- Slippage, 4 orders
- −$147.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$173.72
- Costs to cover
- 1.676%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 14 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 | 6.05 bp | 43.0 bp −$43 | 142.9 bp −$1,429 | 680.2 bp −$68.0K | 901.0 bp −$450.5K |
| Sell Binance live order book, 14 min ago | 4.84 bp | 46.1 bp −$46 | 224.9 bp −$2,249 | doesn't fit | doesn't fit |
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 ORDERUSDTshort | +0.0100% | 4h | 0.04136 | +0.048% | $1.4M | $1.8M | 50x | |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04130 | −0.097% | $1.3M | $709K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04133 | −0.024% | $171K | $322K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04131 | −0.073% | $78K | $65K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04139 | +0.121% | $280K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04134 | 0.000% | $233K | $86K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04130 | −0.097% | $494K | $236K | 20x | as long as short |
| BingX ORDER-USDTlong | +0.0100% | 4h | 0.04134 | long leg | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04122 | −0.285% | $11K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0127% | 8h | 0.04122 | −0.290% | $66K | $7K | 16x | as long as short |
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 | +0.0720% | 4h | 0.04138 | +0.097% | $195K | $198K | 10x | as long as short |
Orderly PERP_ORDER_USDC