Funding you earn now, next payment 04:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.76 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BingX−0.029%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1161.156% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.029%, 7d avg −0.068%
=The price spread pays, funding is against you. Binance is 0.039% dearer against BingX than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.068%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.091% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX STO-USDT | 0.04198 | 0.0252 | pay 0.0126% / 4h | 29m 51s | — | $6.5M | — |
| Short | Binance STOUSDT | 0.04197 | 0.0100 | get 0.0050% / 4h | 29m 51s | $3.4M | $1.4M | 20x |
BingX STO-USDT
Binance STOUSDTFunding 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
- −$31.92
- Price spread: −0.029% → −0.068%
- $3.87
- Slippage, 4 orders
- −$95.59
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$143.64
- Costs to cover
- 1.156%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 6 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, 5 min ago | 5.99 bp | 26.7 bp −$27 | 90.0 bp −$900 | 875.7 bp −$87.6K | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.20 bp | 30.0 bp −$30 | 133.5 bp −$1,335 | doesn't fit | doesn't fit |
STO on 9 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 STOUSDT | +0.0100% | 4h | 0.04193 | −0.124% | $26K | $1K | 5x | as long as short |
| Binance STOUSDTshort | +0.0100% | 4h | 0.04197 | −0.029% | $3.4M | $1.4M | 20x | |
| Gate STO_USDT | +0.0100% | 4h | 0.04188 | −0.238% | $252K | $116K | 25x | as long as short |
| MEXC STO_USDT | +0.0100% | 4h | 0.04196 | −0.048% | $778K | $102K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04200 | +0.048% | $322K | $27K | 10x | as long as short |
| BingX STO-USDTlong | +0.0252% | 4h | 0.04198 | long leg | — | $6.5M | — | |
| Bybit STOUSDT | +0.0356% | 4h | 0.04204 | +0.143% | $718K | $268K | 13x | as long as short |
| Variational Omni STO | +0.0416% | 4h | 0.04198 | +0.006% | $4K | $213 | — | as long as short |
| KuCoin STOUSDTM | +0.0830% | 4h | 0.04195 | −0.071% | $997K | $17K | 25x | as long as short |
Aster STOUSDT
Gate STO_USDT
MEXC STO_USDT
Bitget STOUSDT
Bybit STOUSDT
Variational Omni STO
KuCoin STOUSDTM