Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.003%
Price spread now: BingX against Binance+0.041%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.041%, 7d avg −0.009%
=The price spread pays, funding is against you. BingX is 0.050% dearer against Binance than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.009%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SFPUSDT | 0.3064 | 0.0100 | pay 0.0100% / 8h | 7m 02s | $3.8M | $1.4M | 75x |
| Short | BingX SFP-USDT | 0.3065 | 0.0070 | get 0.0070% / 8h | 7m 02s | — | $1.4M | — |
Binance SFPUSDT
BingX SFP-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: +0.041% → −0.009%
- $4.97
- Slippage, 4 orders
- −$122.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$143.43
- Costs to cover
- 1.421%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 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, 15 min ago | 3.27 bp | 34.1 bp −$34 | 257.3 bp −$2,573 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.53 bp | 38.0 bp −$38 | 84.8 bp −$848 | 459.3 bp −$45.9K | 534.6 bp −$267.3K |
SFP on 8 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 SFP-USDTshort | +0.0070% | 8h | 0.3065 | +0.041% | — | $1.4M | — | |
| BloFin SFP-USDT | +0.0096% | 8h | 0.3062 | −0.057% | $232K | $4K | 75x | as long as short |
| Binance SFPUSDTlong | +0.0100% | 8h | 0.3064 | long leg | $3.8M | $1.4M | 75x | |
| Gate SFP_USDT | +0.0100% | 8h | 0.3063 | −0.025% | $32K | $28K | 50x | as long as short |
| MEXC SFP_USDT | +0.0100% | 8h | 0.3063 | −0.025% | $886K | $161K | 200x | as long as short |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3053 | −0.351% | $58K | $10K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3064 | +0.008% | $80K | $48K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3058 | −0.202% | $15K | $208 | — | as long as short |
BloFin SFP-USDT
Gate SFP_USDT
MEXC SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP