Funding you earn now, next payment 00:00 UTC+0.0340%/8h= +37.2% APRnext payment +$1.70 per $10,000 · paid last 24h +0.061%
Price spread now: BingX against Binance+0.026%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1421.423% of the position
Funding, last 7 days−0.095%−$10 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.026%, 7d avg +0.058%
=Funding pays, the price is against you. BingX is 0.032% cheaper against Binance than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.058%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.095%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.095% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUPERUSDT | 0.1515 | 0.0100 | pay 0.0050% / 4h | 1h 00m | $2.3M | $5.5M | 50x |
| Short | BingX SUPER-USDT | 0.1515 | 0.0440 | get 0.0220% / 4h | 1h 00m | — | $2.4M | — |
Binance SUPERUSDT
BingX SUPER-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
- $71.4
- Price spread: +0.026% → +0.058%
- −$3.2
- Slippage, 4 orders
- −$122.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.06
- Costs to cover
- 1.423%
- Break-even
- 14.3 days
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 13 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, 8 min ago | 1.00 bp | 28.9 bp −$29 | 123.5 bp −$1,235 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 7.67 bp | 40.6 bp −$41 | 89.7 bp −$897 | 421.1 bp −$42.1K | 501.8 bp −$250.9K |
SUPER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SUPER | +0.0100% | 1h | 0.1518 | +0.218% | $434K | $226K | 3x | as long as short |
| Binance SUPERUSDTlong | +0.0100% | 4h | 0.1515 | long leg | $2.3M | $5.5M | 50x | |
| Gate SUPER_USDT | +0.0100% | 8h | 0.1513 | −0.125% | $127K | $90K | 50x | as long as short |
| MEXC SUPER_USDT | +0.0100% | 4h | 0.1515 | 0.000% | $1.6M | $639K | 20x | as long as short |
| KuCoin SUPERUSDTM | +0.0100% | 4h | 0.1515 | +0.007% | $615K | $228K | 50x | as long as short |
| Bitget SUPERUSDT | +0.0100% | 4h | 0.1516 | +0.073% | $544K | $272K | 25x | as long as short |
| BloFin SUPER-USDT | +0.0340% | 4h | 0.1512 | −0.191% | $148K | $174K | 75x | as long as short |
| BingX SUPER-USDTshort | +0.0440% | 4h | 0.1515 | +0.026% | — | $2.4M | — | |
| Bybit SUPERUSDT | +0.0444% | 4h | 0.1515 | +0.040% | $1.1M | $1.8M | 25x | as long as short |
| Variational Omni SUPER | +0.0565% | 4h | 0.1514 | −0.027% | $80K | $4K | — | as long as short |
Hyperliquid SUPER
Gate SUPER_USDT
MEXC SUPER_USDT
KuCoin SUPERUSDTM
Bitget SUPERUSDT
BloFin SUPER-USDT
Bybit SUPERUSDT
Variational Omni SUPERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUPERUSD | +0.3054% | 1h | 0.1519 | +0.249% | $51K | $8K | 10x | as long as short |
Kraken Futures PF_SUPERUSD