Funding you earn now, next payment 08:00 UTC+0.2773%/8h= +303.7% APRpaid last 24h —
Price spread now: Deribit against BingX+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$83 a day on $10k at the current rate, and Deribit is 0.047% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TOWNS-USDT | 0.002120 | 0.0288 | pay 0.0144% / 4h | 44m 31s | — | $2.3M | — |
| Short | Deribit TOWNS_USDC-PERPETUAL | 0.002121 | 0.3061 | get 0.0383% / 1h | 44m 31s | — | — | 25x |
BingX TOWNS-USDT
Deribit TOWNS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $582.38
- Price spread: +0.047% → 0.000%
- $4.72
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $570.1
- Costs to cover
- 0.170%
- Break-even
- 0.1 days
Slippage unknown: BingX: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.
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, 3 min ago | 11.76 bp | 59.4 bp −$59 | 384.9 bp −$3,849 | 1245.2 bp −$124.5K | 1393.6 bp −$696.8K |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.1040% | 1h | 0.002222 | +4.811% | $83K | $4K | 25x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002115 | −0.237% | $10K | $5K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002113 | −0.323% | $2.1M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002114 | −0.283% | $386K | $126K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002119 | −0.047% | $72K | $16K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002112 | −0.377% | $434K | $137K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002120 | 0.000% | $253K | $31K | 10x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002119 | −0.067% | $198 | $549 | — | as long as short |
| BloFin TOWNS-USDT | +0.0125% | 4h | 0.002117 | −0.142% | $132K | $4K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0284% | 4h | 0.002117 | −0.142% | $349K | $52K | 5x | as long as short |
Coinbase International TOWNS-PERP-INTX
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
Variational Omni TOWNS
BloFin TOWNS-USDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX TOWNS-USDTlong | +0.0288% | 4h | 0.002120 | long leg | — | $2.3M | — | |
| Deribit TOWNS_USDC-PERPETUALshort | +0.3061% | 1h | 0.002121 | +0.047% | — | — | 25x |