Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.014%
Price spread now: BingX against Binance−0.168%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2792.794% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.255%+$26 · spread now −0.168%, 7d avg −0.008%
=Funding pays, the price is against you. BingX is 0.159% cheaper against Binance than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of −0.008%). If the spread goes back, that is −$16 on $10k: about 23 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PUMPBTCUSDT | 0.01193 | 0.0271 | pay 0.0135% / 4h | 2h 41m | $2.0M | $751K | 10x |
| Short | BingX PUMPBTC-USDT | 0.01191 | 0.0294 | get 0.0147% / 4h | 2h 41m | — | $3.4M | — |
Binance PUMPBTCUSDT
BingX PUMPBTC-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
- $4.88
- Price spread: −0.168% → −0.008%
- −$15.93
- Slippage, 4 orders
- −$259.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$290.43
- Costs to cover
- 2.794%
- Break-even
- 423.2 days
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 4 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, 8 min ago | 4.16 bp | 83.3 bp −$83 | 1520.4 bp −$15.2K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 8.37 bp | 59.9 bp −$60 | 232.1 bp −$2,321 | doesn't fit | doesn't fit |
PUMPBTC on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PUMPBTCUSDT | +0.0100% | 4h | 0.01192 | −0.078% | $66K | $3K | 5x | as long as short |
| Binance PUMPBTCUSDTlong | +0.0271% | 4h | 0.01193 | long leg | $2.0M | $751K | 10x | |
| MEXC PUMPBTC_USDT | +0.0276% | 4h | 0.01191 | −0.168% | $116K | $88K | 50x | as long as short |
| BingX PUMPBTC-USDTshort | +0.0294% | 4h | 0.01191 | −0.168% | — | $3.4M | — |
Aster PUMPBTCUSDT
MEXC PUMPBTC_USDT