Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against BingX−0.031%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1251.255% of the position
Funding, last 7 days+0.221%+$22 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.031%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.022% dearer against BingX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PUNDIX-USDT | 0.1183 | 0.0070 | pay 0.0035% / 4h | 27m 44s | — | $1.2M | — |
| Short | Binance PUNDIXUSDT | 0.1183 | 0.0100 | get 0.0050% / 4h | 27m 44s | $1.4M | $1.7M | 50x |
BingX PUNDIX-USDT
Binance PUNDIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: −0.031% → −0.053%
- $2.21
- Slippage, 4 orders
- −$105.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.97
- Costs to cover
- 1.255%
- Break-even
- 137.0 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 6 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 BingX live order book, 2 min ago | 3.79 bp | 28.9 bp −$29 | 176.7 bp −$1,767 | 596.9 bp −$59.7K | 985.2 bp −$492.6K |
| Sell Binance live order book, 6 min ago | 2.96 bp | 36.6 bp −$37 | 197.0 bp −$1,970 | doesn't fit | doesn't fit |
PUNDIX on 7 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 PUNDIX-USDTlong | +0.0070% | 4h | 0.1183 | long leg | — | $1.2M | — | |
| Binance PUNDIXUSDTshort | +0.0100% | 4h | 0.1183 | −0.031% | $1.4M | $1.7M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1186 | +0.203% | $753K | $433K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1183 | −0.042% | $37K | $9K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1183 | −0.025% | $2.4M | $105K | 50x | as long as short |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1182 | −0.152% | $229K | $228K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1187 | +0.257% | $2K | $42K | — | as long as short |
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX