Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against BloFin+0.293%7-day average +0.006% · 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−$110as in the Price arb table
costs, in and out, $10k−$1381.385% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 3 days (all we have)−0.165%−$17 · spread now +0.293%, 7d avg +0.006%
=The price spread pays, funding is against you. BingX is 0.287% dearer against BloFin than usual: you sell high and buy low (spread +0.293% now, against its 7-day average of +0.006%): +$29 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 17 days. At the pace of the last 7 days (−0.042% in total) that is about 48 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SFP-USDT | 0.3070 | 0.0127 | pay 0.0127% / 8h | 7h 12m | $233K | $4K | 75x |
| Short | BingX SFP-USDT | 0.3079 | 0.0070 | get 0.0070% / 8h | 7h 12m | — | $1.4M | — |
BloFin SFP-USDT
BingX SFP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$11.89
- Price spread: +0.293% → +0.006%
- $28.67
- Slippage, 4 orders
- −$116.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$121.71
- Costs to cover
- 1.385%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 53 min ago; BingX: live order book, 4 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 BloFin live order book, 53 min ago | 6.53 bp | 23.8 bp −$24 | 135.4 bp −$1,354 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.51 bp | 47.8 bp −$48 | 112.2 bp −$1,122 | 481.4 bp −$48.1K | 545.4 bp −$272.7K |
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 | 0.3079 | +0.293% | — | $1.4M | — | |
| Binance SFPUSDT | +0.0100% | 8h | 0.3079 | +0.293% | $3.8M | $1.4M | 75x | as long as short |
| Gate SFP_USDT | +0.0100% | 8h | 0.3071 | +0.033% | $32K | $28K | 50x | as long as short |
| MEXC SFP_USDT | +0.0100% | 8h | 0.3079 | +0.293% | $887K | $162K | 200x | as long as short |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3072 | +0.065% | $58K | $10K | 20x | as long as short |
| Bitget SFPUSDT | +0.0100% | 8h | 0.3076 | +0.195% | $82K | $49K | 75x | as long as short |
| Variational Omni SFP | +0.0100% | 8h | 0.3074 | +0.115% | $15K | $208 | — | as long as short |
| BloFin SFP-USDTlong | +0.0127% | 8h | 0.3070 | long leg | $233K | $4K | 75x |
Binance SFPUSDT
Gate SFP_USDT
MEXC SFP_USDT
KuCoin SFPUSDTM
Bitget SFPUSDT
Variational Omni SFP