Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Binance+0.267%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1941.945% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.267%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.198% dearer against Binance than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.069%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SLPUSDT | 0.0006732 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $995K | $821K | 50x |
| Short | BingX SLP-USDT | 0.0006750 | 0.0200 | get 0.0100% / 4h | 2h 41m | — | $1.3M | — |
Binance SLPUSDT
BingX SLP-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
- $21
- Price spread: +0.267% → +0.069%
- $19.85
- Slippage, 4 orders
- −$174.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$153.63
- Costs to cover
- 1.945%
- Break-even
- 58.2 days
Slippage from Binance: live order book, 36 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, 36 min ago | 4.43 bp | 46.8 bp −$47 | 189.8 bp −$1,898 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 8.86 bp | 48.1 bp −$48 | 166.6 bp −$1,666 | 749.9 bp −$75.0K | 1134.3 bp −$567.1K |
SLP 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SLPUSDT | +0.0100% | 4h | 0.0006803 | +1.059% | $21K | $8K | 5x | as long as short |
| Binance SLPUSDTlong | +0.0100% | 4h | 0.0006732 | long leg | $995K | $821K | 50x | |
| Bybit SLPUSDT | +0.0100% | 8h | 0.0006750 | +0.267% | $340K | $123K | 25x | as long as short |
| Gate SLP_USDT | +0.0100% | 4h | 0.0006740 | +0.119% | $52K | $30K | 50x | as long as short |
| MEXC SLP_USDT | +0.0100% | 4h | 0.0006744 | +0.178% | $364K | $90K | 125x | as long as short |
| Bitget SLPUSDT | +0.0100% | 4h | 0.0006753 | +0.312% | $371K | $67K | 25x | as long as short |
| Variational Omni SLP | +0.0100% | 8h | 0.0006772 | +0.599% | $3K | $1 | — | as long as short |
| BingX SLP-USDTshort | +0.0200% | 4h | 0.0006750 | +0.267% | — | $1.3M | — |
Aster SLPUSDT
Bybit SLPUSDT
Gate SLP_USDT
MEXC SLP_USDT
Bitget SLPUSDT
Variational Omni SLP