Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.010%
Price spread now: BingX against Binance−0.196%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
Funding, last 7 days+0.349%+$35 on $10k
+Price spread, last 7 days+0.262%+$26 · spread now −0.196%, 7d avg +0.003%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.199% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.349%, 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 PTBUSDT | 0.001267 | 0.0910 | pay 0.0455% / 4h | 3h 18m | $9.7M | $184.4M | 20x |
| Short | BingX PTB-USDT | 0.001265 | 0.0856 | get 0.0428% / 4h | 3h 18m | — | $2.5M | — |
Binance PTBUSDT
BingX PTB-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
- −$11.32
- Price spread: −0.196% → +0.003%
- −$19.91
- Slippage, 4 orders
- −$87.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$138.98
- Costs to cover
- 1.078%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 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 Binance live order book, 10 min ago | 2.75 bp | 24.4 bp −$24 | 130.5 bp −$1,305 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.94 bp | 29.0 bp −$29 | 122.8 bp −$1,228 | 889.0 bp −$88.9K | doesn't fit |
PTB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.001266 | −0.085% | $2.0M | $27.5M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001271 | +0.273% | $38K | $72K | — | as long as short |
| Aster PTBUSDT | +0.0806% | 4h | 0.001271 | +0.275% | $83K | $1.0M | 5x | as long as short |
| BingX PTB-USDTshort | +0.0856% | 4h | 0.001265 | −0.196% | — | $2.5M | — | |
| Extended kPTB-USD | +0.0896% | 1h | 0.001266 | −0.077% | $4K | $45K | 5x | as long as short |
| MEXC PTB_USDT | +0.0898% | 4h | 0.001268 | +0.065% | $461K | $1.2M | 20x | as long as short |
| BloFin PTB-USDT | +0.0909% | 4h | 0.001269 | +0.120% | $551K | $1.0M | 20x | as long as short |
| Binance PTBUSDTlong | +0.0910% | 4h | 0.001267 | long leg | $9.7M | $184.4M | 20x | |
| KuCoin PTBUSDTM | +0.1002% | 4h | 0.001266 | −0.085% | $2.0M | $8.5M | 20x | as long as short |
| Gate PTB_USDT | +0.2546% | 4h | 0.001270 | +0.207% | $2.1M | $7.6M | 25x | as long as short |
Bybit PTBUSDT
Variational Omni PTB
Aster PTBUSDT
Extended kPTB-USD
MEXC PTB_USDT
BloFin PTB-USDT
KuCoin PTBUSDTM
Gate PTB_USDT