Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against BingX+0.163%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1481.476% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.382%−$38 · spread now +0.163%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.175% dearer against BingX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SFP-USDT | 0.3064 | 0.0070 | pay 0.0070% / 8h | 4h 26m | — | $1.4M | — |
| Short | BloFin SFP-USDT | 0.3069 | 0.0102 | get 0.0102% / 8h | 4h 26m | $235K | $4K | 75x |
BingX SFP-USDT
BloFin SFP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $6.79
- Price spread: +0.163% → −0.012%
- $17.51
- Slippage, 4 orders
- −$125.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$123.3
- Costs to cover
- 1.476%
- Break-even
- 134.1 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 65 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, 4 min ago | 4.89 bp | 31.1 bp −$31 | 130.3 bp −$1,303 | 460.7 bp −$46.1K | 496.0 bp −$248.0K |
| Sell BloFin live order book, 65 min ago | 1.63 bp | 44.9 bp −$45 | 97.3 bp −$973 | 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 | 0.3064 | long leg | — | $1.4M | — | |
| Binance SFPUSDT | +0.0100% | 8h | 0.3063 | −0.025% | $3.8M | $1.4M | 75x | as long as short |
| Gate SFP_USDT | +0.0100% | 8h | 0.3062 | −0.065% | $31K | $29K | 50x | as long as short |
| MEXC SFP_USDT | +0.0100% | 8h | 0.3064 | 0.000% | $879K | $154K | 200x | as long as short |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3058 | −0.196% | $58K | $10K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3063 | −0.033% | $84K | $51K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3067 | +0.113% | $15K | $208 | — | as long as short |
| BloFin SFP-USDTshort | +0.0102% | 8h | 0.3069 | +0.163% | $235K | $4K | 75x |
Binance SFPUSDT
Gate SFP_USDT
MEXC SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP