Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.011%
Price spread now: Binance against BingX−0.155%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2562.564% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.088%+$9 · spread now −0.155%, 7d avg −0.126%
=Funding pays, the price is against you. Binance is 0.029% cheaper against BingX than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.126%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SPORTFUN-USDT | 0.01938 | 0.1318 | pay 0.0659% / 4h | 3h 09m | — | $1.6M | — |
| Short | Binance SPORTFUNUSDT | 0.01935 | 0.1359 | get 0.0680% / 4h | 3h 09m | $2.0M | $661K | 10x |
Funding 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
- $8.61
- Price spread: −0.155% → −0.126%
- −$2.9
- Slippage, 4 orders
- −$236.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$250.64
- Costs to cover
- 2.564%
- Break-even
- 210.7 days
Slippage from BingX: live order book, 7 min ago; Binance: 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 BingX live order book, 7 min ago | 7.75 bp | 71.1 bp −$71 | 508.6 bp −$5,086 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.59 bp | 50.6 bp −$51 | 478.1 bp −$4,781 | doesn't fit | doesn't fit |
SPORTFUN on 5 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 SPORTFUNUSDT | +0.0371% | 4h | 0.01940 | +0.103% | $399K | $47K | 20x | as long as short |
| KuCoin SPORTFUNUSDTM | +0.0410% | 4h | 0.01947 | +0.464% | $221K | $4K | 20x | as long as short |
| BingX SPORTFUN-USDTlong | +0.1318% | 4h | 0.01938 | long leg | — | $1.6M | — | |
| Binance SPORTFUNUSDTshort | +0.1359% | 4h | 0.01935 | −0.155% | $2.0M | $661K | 10x | |
| MEXC SPORTFUN_USDT | +0.1364% | 4h | 0.01935 | −0.155% | $318K | $123K | 20x | as long as short |
BingX SPORTFUN-USDT
Binance SPORTFUNUSDT
Bybit SPORTFUNUSDT
KuCoin SPORTFUNUSDTM
MEXC SPORTFUN_USDT