Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.016%
Price spread now: BloFin against BingX−0.664%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.664% cheaper against BingX than usual: you would sell low and buy high (spread −0.664% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$66 on $10k: about 5 months of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour. 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 ORDER-USDT | 0.04066 | 0.0100 | pay 0.0050% / 4h | 30m 14s | — | $1.3M | — |
| Short | BloFin ORDER-USDT | 0.04039 | 0.0115 | get 0.0115% / 8h | 4h 30m | $65K | $7K | 16x |
BingX ORDER-USDT
BloFin ORDER-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
- $3.12
- Price spread: −0.664% → 0.000%
- −$66.4
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$85.29
- Costs to cover
- 0.220%
- Break-even
- 198.6 days
Slippage unknown: BingX: live order book, 1 min ago; BloFin: no order-book sample. Net counts fees only.
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, 1 min ago | 4.92 bp | 38.5 bp −$38 | 146.7 bp −$1,467 | 649.2 bp −$64.9K | 916.3 bp −$458.1K |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 ORDERUSDT | +0.0100% | 4h | 0.04070 | +0.086% | $1.4M | $1.9M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04061 | −0.123% | $1.3M | $729K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04063 | −0.074% | $169K | $323K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04064 | −0.049% | $76K | $60K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04065 | −0.025% | $274K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04057 | −0.221% | $226K | $87K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04056 | −0.246% | $482K | $253K | 20x | as long as short |
| BingX ORDER-USDTlong | +0.0100% | 4h | 0.04066 | long leg | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04054 | −0.288% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDTshort | +0.0115% | 8h | 0.04039 | −0.664% | $65K | $7K | 16x |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0658% | 4h | 0.04066 | 0.000% | $192K | $162K | 10x | as long as short |
Orderly PERP_ORDER_USDC