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: BingX against Binance−0.011%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$780.778% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.011%, 7d avg +0.028%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.040% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance RIFUSDT | 0.08821 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $2.0M | $3.1M | 50x |
| Short | BingX RIF-USDT | 0.08820 | 0.0070 | get 0.0035% / 4h | 2h 06m | — | $2.3M | — |
Funding 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: −0.011% → +0.028%
- −$3.97
- Slippage, 4 orders
- −$57.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$88.06
- Costs to cover
- 0.778%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 12 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, 14 min ago | 1.14 bp | 17.7 bp −$18 | 157.7 bp −$1,577 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 1.13 bp | 21.1 bp −$21 | 86.6 bp −$866 | 462.6 bp −$46.3K | 509.6 bp −$254.8K |
RIF on 6 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 RIF-USDTshort | +0.0070% | 4h | 0.08820 | −0.011% | — | $2.3M | — | |
| Aster RIFUSDT | +0.0100% | 4h | 0.08819 | −0.019% | $74K | $8K | 5x | as long as short |
| Binance RIFUSDTlong | +0.0100% | 4h | 0.08821 | long leg | $2.0M | $3.1M | 50x | |
| MEXC RIF_USDT | +0.0100% | 4h | 0.08820 | −0.011% | $9.1M | $68K | 20x | as long as short |
| KuCoin RIFUSDTM | +0.0100% | 4h | 0.08807 | −0.164% | $58K | $37K | 20x | as long as short |
| Gate RIF_USDT | +0.0742% | 4h | 0.08819 | −0.023% | $148K | $418K | 20x | as long as short |
Binance RIFUSDT
BingX RIF-USDT
Aster RIFUSDT
MEXC RIF_USDT
KuCoin RIFUSDTM
Gate RIF_USDT