Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h −0.114%
Price spread now: BloFin against BingX+0.161%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1941.942% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)+0.455%+$45 · spread now +0.161%, 7d avg +0.107%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.054% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.107%. Mind the row above: over the last 7 days funding on this pair cost −0.113%, 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 | 0.02542 | 0.0782 | pay 0.0391% / 4h | 1h 42m | — | $1.3M | — |
| Short | BloFin Q-USDT | 0.02546 | 0.0852 | get 0.0426% / 4h | 1h 42m | $380K | $71K | 40x |
BingX Q-USDT
BloFin Q-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $14.73
- Price spread: +0.161% → +0.107%
- $5.44
- Slippage, 4 orders
- −$172.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$174.02
- Costs to cover
- 1.942%
- Break-even
- 89.7 days
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 83 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, 3 min ago | 40.19 bp | 69.3 bp −$69 | 232.1 bp −$2,321 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 83 min ago | 0.20 bp | 29.5 bp −$30 | doesn't fit | 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 | 0.02544 | +0.094% | $1.2M | $273K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02539 | −0.110% | $672K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02545 | +0.146% | $2.3M | $121K | 20x | as long as short |
| Variational Omni Q | +0.0548% | 4h | 0.02535 | −0.281% | $611 | $2K | — | as long as short |
| Bybit QUSDT | +0.0650% | 4h | 0.02545 | +0.134% | $1.5M | $345K | 13x | as long as short |
| Aster QUSDT | +0.0763% | 4h | 0.02542 | +0.005% | $59K | $52K | 5x | as long as short |
| BingX Q-USDTlong | +0.0782% | 4h | 0.02542 | long leg | — | $1.3M | — | |
| BloFin Q-USDTshort | +0.0852% | 4h | 0.02546 | +0.161% | $380K | $71K | 40x | |
| MEXC Q_USDT | +0.0854% | 4h | 0.02548 | +0.260% | $122K | $86K | 50x | as long as short |
| Extended Q-USD | +0.0856% | 1h | 0.02548 | +0.228% | $11K | $163K | 5x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
MEXC Q_USDT
Extended Q-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QUSDT | +0.0861% | 4h | 0.02548 | +0.244% | $7.0M | $1.4M | 20x | as long as short |
Binance QUSDT