Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: BingX against BloFin+0.174%96s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as 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−$1781.778% of the position
Funding, last 7 days+0.426%+$43 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.174%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.143% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 96 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 | BloFin POWER-USDT | 0.1208 | 0.0072 | pay 0.0036% / 4h | 1h 59m | $211K | $128K | 20x |
| Short | BingX POWER-USDT | 0.1210 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $1.4M | — |
BloFin POWER-USDT
BingX POWER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $5.82
- Price spread: +0.174% → +0.031%
- $14.26
- Slippage, 4 orders
- −$155.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$157.67
- Costs to cover
- 1.778%
- Break-even
- 196.6 days
Slippage from BloFin: live order book, 16 min ago; BingX: live order book, 1 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 BloFin live order book, 16 min ago | 5.34 bp | 27.4 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 0.41 bp | 99.1 bp −$99 | 202.7 bp −$2,027 | 1197.9 bp −$119.8K | 1399.5 bp −$699.8K |
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-USDTlong | +0.0072% | 4h | 0.1208 | long leg | $211K | $128K | 20x | |
| Aster POWERUSDT | +0.0100% | 4h | 0.1210 | +0.136% | $23K | $26K | 5x | as long as short |
| Binance POWERUSDT | +0.0100% | 4h | 0.1209 | +0.041% | $3.6M | $5.6M | 20x | as long as short |
| Bybit POWERUSDT | +0.0100% | 4h | 0.1210 | +0.124% | $2.0M | $1.6M | 20x | as long as short |
| Gate POWER_USDT | +0.0100% | 8h | 0.1213 | +0.364% | $227K | $112K | 20x | as long as short |
| MEXC POWER_USDT | +0.0100% | 4h | 0.1209 | +0.083% | $14.0M | $426K | 20x | as long as short |
| KuCoin POWERUSDTM | +0.0100% | 4h | 0.1206 | −0.223% | $2.4M | $14.8M | 20x | as long as short |
| Bitget POWERUSDT | +0.0100% | 4h | 0.1209 | +0.058% | $3.3M | $509K | 20x | as long as short |
| BingX POWER-USDTshort | +0.0100% | 4h | 0.1210 | +0.174% | — | $1.4M | — | |
| Variational Omni POWER | +0.0100% | 4h | 0.1209 | +0.073% | $18K | $3K | — | as long as short |
Aster POWERUSDT
Binance POWERUSDT
Bybit POWERUSDT
Gate POWER_USDT
MEXC POWER_USDT
KuCoin POWERUSDTM
Bitget POWERUSDT
Variational Omni POWER