Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.113%
Price spread now: Binance against BingX+0.036%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1851.853% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now +0.036%, 7d avg +0.082%
=Funding pays, the price is against you. Binance is 0.046% cheaper against BingX than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.082%). If the spread goes back, that is −$5 on $10k: about 44 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX Q-USDT | 0.02501 | 0.1106 | pay 0.0553% / 4h | 34m 22s | — | $1.3M | — |
| Short | Binance QUSDT | 0.02502 | 0.1190 | get 0.0595% / 4h | 34m 22s | $6.9M | $1.4M | 20x |
BingX Q-USDT
Binance QUSDTFunding 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
- $17.61
- Price spread: +0.036% → +0.082%
- −$4.63
- Slippage, 4 orders
- −$165.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$172.28
- Costs to cover
- 1.853%
- Break-even
- 75.5 days
Slippage from BingX: live order book, 9 min ago; Binance: 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 BingX live order book, 9 min ago | 40.19 bp | 67.4 bp −$67 | 238.4 bp −$2,384 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.20 bp | 25.5 bp −$25 | 278.0 bp −$2,780 | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02497 | −0.172% | $1.2M | $292K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02498 | −0.128% | $661K | $20K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02497 | −0.160% | $2.2M | $134K | 20x | as long as short |
| Variational Omni Q | +0.0100% | 4h | 0.02501 | −0.023% | $2K | $1K | — | as long as short |
| Bybit QUSDT | +0.0593% | 4h | 0.02499 | −0.092% | $1.5M | $361K | 13x | as long as short |
| Aster QUSDT | +0.0678% | 4h | 0.02503 | +0.074% | $58K | $52K | 5x | as long as short |
| BingX Q-USDTlong | +0.1106% | 4h | 0.02501 | long leg | — | $1.3M | — | |
| BloFin Q-USDT | +0.1161% | 4h | 0.02503 | +0.084% | $372K | $74K | 40x | as long as short |
| MEXC Q_USDT | +0.1182% | 4h | 0.02503 | +0.084% | $122K | $86K | 50x | as long as short |
| Extended Q-USD | +0.1184% | 1h | 0.02503 | +0.065% | $8K | $168K | 5x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
BloFin Q-USDT
MEXC Q_USDT
Extended Q-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QUSDTshort | +0.1190% | 4h | 0.02502 | +0.036% | $6.9M | $1.4M | 20x |