Funding you earn now, next payment 02:00 UTC−0.0629%/8h= −68.9% APRpaid last 24h +0.063%
Price spread now: BingX against Deribit−0.196%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BingX is 0.196% cheaper against Deribit than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit S_USDC-PERPETUAL | 0.04090 | 0.0729 | pay 0.0091% / 1h | 8m 21s | $69K | $10K | 10x |
| Short | BingX S-USDT | 0.04082 | 0.0100 | get 0.0050% / 4h | 2h 08m | — | $6.7M | — |
Deribit S_USDC-PERPETUAL
BingX S-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$132.08
- Price spread: −0.196% → 0.000%
- −$19.56
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$168.64
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 14 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 14 min ago | 4.88 bp | 18.9 bp −$19 | 55.8 bp −$558 | 382.0 bp −$38.2K | 783.8 bp −$391.9K |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.8888% | 1h | 0.03940 | −3.667% | $24K | $2K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.1464% | 1h | 0.04022 | −1.663% | $48K | $16K | 25x | as long as short |
| Kraken Futures PF_SUSD | −0.1246% | 1h | 0.04065 | −0.619% | $34K | $16K | 10x | as long as short |
| Variational Omni S | −0.0385% | 4h | 0.04068 | −0.531% | $633K | $30K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04085 | −0.120% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04081 | −0.219% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04086 | −0.100% | $2K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +0.244% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0052% | 4h | 0.04084 | −0.147% | $101K | $332K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04075 | −0.367% | $169K | $167K | 5x | as long as short |
01 Exchange SUSD
Coinbase International S-PERP-INTX
Kraken Futures PF_SUSD
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04084 | −0.137% | $1.0M | $562K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04072 | −0.440% | $45K | $134K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04085 | −0.116% | $5.7M | $14.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04079 | −0.269% | $5.8M | $4.7M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04083 | −0.171% | $1.0M | $4.2M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04080 | −0.244% | $336K | $205K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04085 | −0.122% | $4.0M | $1.9M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04084 | −0.147% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04086 | −0.098% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDTshort | +0.0100% | 4h | 0.04082 | −0.196% | — | $6.7M | — | |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04080 | −0.244% | $24K | $446K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04070 | −0.489% | $229K | $1.1M | 10x | as long as short |
| Deribit S_USDC-PERPETUALlong | +0.0729% | 1h | 0.04090 | long leg | $69K | $10K | 10x | |
| Backpack S_USDC_PERP | +0.0933% | 1h | 0.04080 | −0.244% | $119K | $349K | 5x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
ApeX Omni SUSDT
Extended S-USD
Backpack S_USDC_PERP