Funding you earn now, next payment 05:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h +0.019%
Price spread now: BingX against Extended+0.008%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$344as in the Funding arb table
Net, price: spread back to 7d avg − costs−$346as in the Price arb table
costs, in and out, $10k−$3433.430% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now +0.008%, 7d avg +0.035%
=Together, before fees+0.266%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.027% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SWARMS-USD | 0.008262 | 0.0904 | pay 0.0113% / 1h | 10m 56s | $7K | $223K | 5x |
| Short | BingX SWARMS-USDT | 0.008263 | 0.0874 | get 0.0437% / 4h | 3h 10m | — | $6.5M | — |
Extended SWARMS-USD
BingX SWARMS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$6.3
- Price spread: +0.008% → +0.035%
- −$2.74
- Slippage, 4 orders
- −$327.99
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$352.03
- Costs to cover
- 3.430%
- Break-even
- never at this rate
Slippage from Extended: live order book, 40 min ago; BingX: live order book, 9 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 Extended live order book, 40 min ago | 9.01 bp | 115.5 bp −$115 | 823.9 bp −$8,239 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.22 bp | 46.3 bp −$46 | 197.2 bp −$1,972 | 652.9 bp −$65.3K | 835.5 bp −$417.8K |
SWARMS 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SWARMS_USDT | +0.0100% | 4h | 0.008259 | −0.041% | $949K | $108K | 10x | as long as short |
| BingX SWARMS-USDTshort | +0.0874% | 4h | 0.008263 | +0.008% | — | $6.5M | — | |
| Extended SWARMS-USDlong | +0.0904% | 1h | 0.008262 | long leg | $7K | $223K | 5x | |
| MEXC SWARMS_USDT | +0.0904% | 4h | 0.008259 | −0.041% | $155K | $101K | 100x | as long as short |
| Binance SWARMSUSDT | +0.0904% | 4h | 0.008265 | +0.029% | $3.6M | $3.4M | 20x | as long as short |
| BloFin SWARMS-USDT | +0.0959% | 4h | 0.008271 | +0.105% | $232K | $7K | 20x | as long as short |
| KuCoin SWARMSUSDTM | +0.1134% | 4h | 0.008267 | +0.056% | $775K | $120K | 20x | as long as short |
| Aster SWARMSUSDT | +0.1372% | 4h | 0.008278 | +0.187% | $31K | $102K | 5x | as long as short |
| Kraken Futures PF_SWARMSUSD | +1.3364% | 1h | 0.008314 | +0.628% | $9K | $149 | 10x | as long as short |
Gate SWARMS_USDT
MEXC SWARMS_USDT
Binance SWARMSUSDT
BloFin SWARMS-USDT
KuCoin SWARMSUSDTM
Aster SWARMSUSDT
Kraken Futures PF_SWARMSUSD