Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX+0.421%66s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as 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−$1591.593% of the position
Funding, last 7 days−0.422%−$42 on $10k
+Price spread, last 4 days (all we have)−0.591%−$59 · spread now +0.421%, 7d avg −0.034%
=The price spread pays, funding is against you. BloFin is 0.455% dearer against BingX than usual: you sell high and buy low (spread +0.421% now, against its 7-day average of −0.034%): +$45 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.422% in total) that is about 7.5 days. 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 POWER-USDT | 0.1235 | 0.0100 | pay 0.0050% / 4h | 1h 16m | — | $1.4M | — |
| Short | BloFin POWER-USDT | 0.1240 | 0.0081 | get 0.0040% / 4h | 1h 16m | $215K | $132K | 20x |
BingX POWER-USDT
BloFin POWER-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
- −$4.01
- Price spread: +0.421% → −0.034%
- $45.46
- Slippage, 4 orders
- −$137.26
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$117.81
- Costs to cover
- 1.593%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 22 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, 6 min ago | 25.44 bp | 55.0 bp −$55 | 169.3 bp −$1,693 | 1095.2 bp −$109.5K | 1340.3 bp −$670.2K |
| Sell BloFin live order book, 22 min ago | 0.82 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
POWER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin POWER-USDTshort | +0.0081% | 4h | 0.1240 | +0.421% | $215K | $132K | 20x | |
| Binance POWERUSDT | +0.0100% | 4h | 0.1237 | +0.194% | $3.6M | $5.6M | 20x | as long as short |
| Bybit POWERUSDT | +0.0100% | 4h | 0.1238 | +0.275% | $2.1M | $1.5M | 20x | as long as short |
| Gate POWER_USDT | +0.0100% | 8h | 0.1241 | +0.510% | $234K | $119K | 20x | as long as short |
| MEXC POWER_USDT | +0.0100% | 4h | 0.1238 | +0.251% | $14.3M | $439K | 20x | as long as short |
| KuCoin POWERUSDTM | +0.0100% | 4h | 0.1236 | +0.073% | $2.5M | $15.0M | 20x | as long as short |
| Bitget POWERUSDT | +0.0100% | 4h | 0.1237 | +0.211% | $3.4M | $499K | 20x | as long as short |
| BingX POWER-USDTlong | +0.0100% | 4h | 0.1235 | long leg | — | $1.4M | — | |
| Variational Omni POWER | +0.0100% | 4h | 0.1239 | +0.292% | $18K | $3K | — | as long as short |
| Aster POWERUSDT | +0.0381% | 4h | 0.1236 | +0.101% | $24K | $28K | 5x | as long as short |
Binance POWERUSDT
Bybit POWERUSDT
Gate POWER_USDT
MEXC POWER_USDT
KuCoin POWERUSDTM
Bitget POWERUSDT
Variational Omni POWER
Aster POWERUSDT