Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.097%
Price spread now: BingX against Binance+0.134%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs+$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days+1.292%+$129 on $10k
+Price spread, last 7 days−0.120%−$12 · spread now +0.134%, 7d avg +0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.091% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKLUSDT | 0.004597 | 0.0100 | pay 0.0050% / 4h | 4m 26s | $2.8M | $9.6M | 50x |
| Short | BingX SKL-USDT | 0.004603 | 0.0100 | get 0.0050% / 4h | 4m 26s | — | $2.4M | — |
Funding 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
- $0
- Price spread: +0.134% → +0.042%
- $9.11
- Slippage, 4 orders
- −$96.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$107.82
- Costs to cover
- 1.169%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 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 Binance live order book, 5 min ago | 2.18 bp | 26.3 bp −$26 | 84.7 bp −$847 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 8.73 bp | 30.7 bp −$31 | 71.2 bp −$712 | 528.2 bp −$52.8K | doesn't fit |
SKL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKLUSDT | −0.0089% | 8h | 0.004603 | +0.134% | $886K | $1.1M | 25x | as long as short |
| Variational Omni SKL | +0.0058% | 8h | 0.004584 | −0.271% | $705 | $1K | — | as long as short |
| Bitget SKLUSDT | +0.0080% | 4h | 0.004593 | −0.084% | $499K | $1.0M | 25x | as long as short |
| BloFin SKL-USDT | +0.0095% | 4h | 0.004575 | −0.476% | $181K | $44K | 50x | as long as short |
| Binance SKLUSDTlong | +0.0100% | 4h | 0.004597 | long leg | $2.8M | $9.6M | 50x | |
| Gate SKL_USDT | +0.0100% | 4h | 0.004600 | +0.068% | $208K | $246K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004597 | +0.003% | $387K | $212K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004596 | −0.019% | $838K | $369K | 30x | as long as short |
| BingX SKL-USDTshort | +0.0100% | 4h | 0.004603 | +0.134% | — | $2.4M | — | |
| Kraken Futures PF_SKLUSD | +0.0356% | 1h | 0.004595 | −0.040% | $5K | $6K | 10x | as long as short |
Binance SKLUSDT
BingX SKL-USDT
Bybit SKLUSDT
Variational Omni SKL
Bitget SKLUSDT
BloFin SKL-USDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Kraken Futures PF_SKLUSD