Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.66 per $10,000 · paid last 24h +0.077%
Price spread now: BingX against Binance+0.032%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1331.334% of the position
Funding, last 7 days+0.431%+$43 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.032%, 7d avg +0.057%
=Funding pays, the price is against you. BingX is 0.026% cheaper against Binance than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.057%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TOSHIUSDT | 0.0001259 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $1.1M | $1.7M | 50x |
| Short | BingX TOSHI-USDT | 0.0001259 | 0.0232 | get 0.0116% / 4h | 1h 51m | — | $6.5M | — |
Binance TOSHIUSDT
BingX TOSHI-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
- $27.72
- Price spread: +0.032% → +0.057%
- −$2.56
- Slippage, 4 orders
- −$113.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.19
- Costs to cover
- 1.334%
- Break-even
- 34.3 days
Slippage from Binance: live order book, 12 min ago; BingX: live order book, 15 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, 12 min ago | 3.97 bp | 24.2 bp −$24 | 254.9 bp −$2,549 | 45309.9 bp −$4.53M | doesn't fit |
| Sell BingX live order book, 15 min ago | 11.90 bp | 40.0 bp −$40 | 137.5 bp −$1,375 | 713.3 bp −$71.3K | 1156.4 bp −$578.2K |
TOSHI 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 TOSHIUSDT | +0.0100% | 4h | 0.0001259 | +0.064% | $49K | $22K | 5x | as long as short |
| Binance TOSHIUSDTlong | +0.0100% | 4h | 0.0001259 | long leg | $1.1M | $1.7M | 50x | |
| Gate TOSHI_USDT | +0.0100% | 8h | 0.0001258 | −0.048% | $156K | $39K | 50x | as long as short |
| MEXC TOSHI_USDT | +0.0100% | 4h | 0.0001258 | −0.048% | $556K | $151K | 50x | as long as short |
| KuCoin TOSHIUSDTM | +0.0100% | 4h | 0.0001261 | +0.191% | $142K | $20K | 30x | as long as short |
| Bybit 1000TOSHIUSDT | +0.0101% | 4h | 0.0001262 | +0.270% | $706K | $491K | 25x | as long as short |
| BloFin TOSHI-USDT | +0.0114% | 4h | 0.0001261 | +0.191% | $72K | $14K | 50x | as long as short |
| Bitget TOSHIUSDT | +0.0220% | 4h | 0.0001260 | +0.111% | $539K | $424K | 20x | as long as short |
| BingX TOSHI-USDTshort | +0.0232% | 4h | 0.0001259 | +0.032% | — | $6.5M | — |
Aster TOSHIUSDT
Gate TOSHI_USDT
MEXC TOSHI_USDT
KuCoin TOSHIUSDTM
Bybit 1000TOSHIUSDT
BloFin TOSHI-USDT
Bitget TOSHIUSDT