Funding you earn now, next payment 11:00 UTC−0.1557%/8h= −170.4% APRpaid last 24h —
Price spread now: BingX against Deribit−0.381%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$47 a day on $10k at the current rate, and BingX is 0.381% cheaper against Deribit than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TOWNS_USDC-PERPETUAL | 0.002102 | 0.1657 | pay 0.0207% / 1h | 57m 53s | — | — | 25x |
| Short | BingX TOWNS-USDT | 0.002094 | 0.0100 | get 0.0050% / 4h | 1h 57m | — | $2.3M | — |
Deribit TOWNS_USDC-PERPETUAL
BingX TOWNS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$326.88
- Price spread: −0.381% → 0.000%
- −$38.06
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$381.94
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; BingX: live order book, 3 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 3 min ago | 11.94 bp | 43.5 bp −$44 | 225.2 bp −$2,252 | 1292.6 bp −$129.3K | 1445.3 bp −$722.7K |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TOWNS-USDT | +0.0059% | 4h | 0.002096 | −0.285% | $130K | $5K | 10x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002100 | −0.115% | $10K | $4K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002097 | −0.238% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002095 | −0.333% | $380K | $121K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002098 | −0.190% | $71K | $17K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002096 | −0.285% | $437K | $137K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002097 | −0.238% | $245K | $33K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002100 | −0.095% | $358K | $64K | 5x | as long as short |
| BingX TOWNS-USDTshort | +0.0100% | 4h | 0.002094 | −0.381% | — | $2.3M | — | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002093 | −0.452% | $196 | $549 | — | as long as short |
BloFin TOWNS-USDT
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
Variational Omni TOWNSShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TOWNS_USDC-PERPETUALlong | +0.1657% | 1h | 0.002102 | long leg | — | — | 25x | |
| Coinbase International TOWNS-PERP-INTX | +0.1664% | 1h | 0.002121 | +0.904% | $79K | $3K | 25x | as long as short |
Coinbase International TOWNS-PERP-INTX