Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.31 per $10,000 · paid last 24h −0.013%
Price spread now: BingX against BloFin−0.038%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1401.403% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.038%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.254%, 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 | BloFin PTB-USDT | 0.001058 | 0.0891 | pay 0.0445% / 4h | 1h 59m | $436K | $358K | 20x |
| Short | BingX PTB-USDT | 0.001057 | 0.0828 | get 0.0414% / 4h | 1h 59m | — | $2.0M | — |
BloFin PTB-USDT
BingX PTB-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
- −$13.15
- Price spread: −0.038% → +0.044%
- −$8.16
- Slippage, 4 orders
- −$118.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$161.58
- Costs to cover
- 1.403%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 26 min ago; BingX: live order book, 3 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, 26 min ago | 0.96 bp | 32.5 bp −$33 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.76 bp | 28.6 bp −$29 | 132.1 bp −$1,321 | 787.3 bp −$78.7K | 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 | 0.001058 | −0.009% | $1.5M | $15.9M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001054 | −0.335% | $31K | $59K | — | as long as short |
| BingX PTB-USDTshort | +0.0828% | 4h | 0.001057 | −0.038% | — | $2.0M | — | |
| MEXC PTB_USDT | +0.0846% | 4h | 0.001057 | −0.085% | $338K | $532K | 20x | as long as short |
| Binance PTBUSDT | +0.0846% | 4h | 0.001057 | −0.041% | $7.5M | $93.4M | 20x | as long as short |
| Extended kPTB-USD | +0.0848% | 1h | 0.001056 | −0.196% | $4K | $42K | 5x | as long as short |
| BloFin PTB-USDTlong | +0.0891% | 4h | 0.001058 | long leg | $436K | $358K | 20x | |
| KuCoin PTBUSDTM | +0.1022% | 4h | 0.001055 | −0.246% | $1.7M | $6.1M | 20x | as long as short |
| Aster PTBUSDT | +0.1124% | 4h | 0.001056 | −0.178% | $73K | $716K | 5x | as long as short |
| Gate PTB_USDT | +0.1266% | 4h | 0.001051 | −0.690% | $1.8M | $3.5M | 25x | as long as short |
Bybit PTBUSDT
Variational Omni PTB
MEXC PTB_USDT
Binance PTBUSDT
Extended kPTB-USD
KuCoin PTBUSDTM
Aster PTBUSDT
Gate PTB_USDT