Funding you earn now, next payment 12:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Binance−0.063%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1281.284% of the position
Funding, last 7 days+0.630%+$63 on $10k
+Price spread, last 7 days+0.119%+$12 · spread now −0.063%, 7d avg +0.078%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.141% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.078%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.630%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance POWRUSDT | 0.06384 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $1.4M | $2.2M | 50x |
| Short | BingX POWR-USDT | 0.06380 | 0.0070 | get 0.0035% / 4h | 3h 22m | — | $1.3M | — |
Binance POWRUSDT
BingX POWR-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
- −$6.3
- Price spread: −0.063% → +0.078%
- −$14.09
- Slippage, 4 orders
- −$108.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$148.75
- Costs to cover
- 1.284%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 8 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, 12 min ago | 1.58 bp | 35.9 bp −$36 | 180.6 bp −$1,806 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 8.69 bp | 25.9 bp −$26 | 95.2 bp −$952 | 451.6 bp −$45.2K | 507.1 bp −$253.5K |
POWR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX POWR-USDTshort | +0.0070% | 4h | 0.06380 | −0.063% | — | $1.3M | — | |
| Aster POWRUSDT | +0.0100% | 4h | 0.06377 | −0.114% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDTlong | +0.0100% | 4h | 0.06384 | long leg | $1.4M | $2.2M | 50x | |
| Gate POWR_USDT | +0.0100% | 4h | 0.06352 | −0.501% | $106K | $28K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06383 | −0.016% | $1.1M | $112K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06388 | +0.063% | $643K | $104K | 30x | as long as short |
| Bitget POWRUSDT | +0.0100% | 4h | 0.06376 | −0.125% | $372K | $202K | 50x | as long as short |
| Bybit POWRUSDT | +0.0404% | 4h | 0.06376 | −0.125% | $917K | $540K | 13x | as long as short |
| Variational Omni POWR | +0.0450% | 4h | 0.06342 | −0.662% | $508 | $2K | — | as long as short |
| Kraken Futures PF_POWRUSD | +0.1178% | 1h | 0.06411 | +0.430% | $16K | $11K | 10x | as long as short |
Aster POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Bitget POWRUSDT
Bybit POWRUSDT
Variational Omni POWR
Kraken Futures PF_POWRUSD