Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against BingX+0.093%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1651.653% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.057%−$6 · spread now +0.093%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.084% dearer against BingX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SFP-USDT | 0.3059 | 0.0070 | pay 0.0070% / 8h | 4h 03m | — | $1.4M | — |
| Short | Binance SFPUSDT | 0.3062 | 0.0100 | get 0.0100% / 8h | 4h 03m | $3.8M | $1.4M | 75x |
BingX SFP-USDT
Binance SFPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $6.3
- Price spread: +0.093% → +0.009%
- $8.45
- Slippage, 4 orders
- −$145.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$150.6
- Costs to cover
- 1.653%
- Break-even
- 174.3 days
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 2 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 | 6.54 bp | 33.6 bp −$34 | 133.9 bp −$1,339 | 490.2 bp −$49.0K | 536.3 bp −$268.1K |
| Sell Binance live order book, 2 min ago | 1.63 bp | 50.7 bp −$51 | 163.5 bp −$1,635 | doesn't fit | doesn't fit |
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-USDTlong | +0.0070% | 8h | 0.3059 | long leg | — | $1.4M | — | |
| BloFin SFP-USDT | +0.0096% | 8h | 0.3058 | −0.033% | $235K | $4K | 75x | as long as short |
| Binance SFPUSDTshort | +0.0100% | 8h | 0.3062 | +0.093% | $3.8M | $1.4M | 75x | |
| Gate SFP_USDT | +0.0100% | 8h | 0.3060 | +0.033% | $31K | $29K | 50x | as long as short |
| MEXC SFP_USDT | +0.0100% | 8h | 0.3061 | +0.065% | $879K | $155K | 200x | as long as short |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3062 | +0.098% | $58K | $10K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3058 | −0.033% | $84K | $50K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3058 | −0.034% | $15K | $208 | — | as long as short |
BloFin SFP-USDT
Gate SFP_USDT
MEXC SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP