Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Binance−0.058%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1541.540% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.058%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.067% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RAREUSDT | 0.01321 | 0.0100 | pay 0.0050% / 4h | 0m 09s | $1.6M | $1.1M | 25x |
| Short | BingX RARE-USDT | 0.01320 | 0.0070 | get 0.0035% / 4h | 0m 09s | — | $1.3M | — |
Binance RAREUSDT
BingX RARE-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
- −$6.3
- Price spread: −0.058% → +0.009%
- −$6.68
- Slippage, 4 orders
- −$133.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$166.97
- Costs to cover
- 1.540%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 10 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, 3 min ago | 3.78 bp | 40.8 bp −$41 | 481.6 bp −$4,816 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 11.32 bp | 44.1 bp −$44 | 129.1 bp −$1,291 | 704.4 bp −$70.4K | doesn't fit |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDTshort | +0.0070% | 4h | 0.01320 | −0.058% | — | $1.3M | — | |
| BloFin RARE-USDT | +0.0075% | 4h | 0.01322 | +0.093% | $105K | $12K | 25x | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01320 | −0.031% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDTlong | +0.0100% | 4h | 0.01321 | long leg | $1.6M | $1.1M | 25x | |
| Gate RARE_USDT | +0.0100% | 4h | 0.01320 | −0.058% | $49K | $27K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01320 | −0.058% | $636K | $178K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01320 | −0.058% | $202K | $69K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01320 | −0.058% | $231K | $75K | 20x | as long as short |
| Variational Omni RARE | +0.0100% | 4h | 0.01322 | +0.125% | $1K | $923 | — | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01323 | +0.139% | $310K | $90K | 25x | as long as short |
BloFin RARE-USDT
Aster RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
Variational Omni RARE
Bybit RAREUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.1845% | 1h | 0.01334 | +0.966% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD