Funding you earn now, next payment 00:00 UTC+0.4822%/8h= +528.0% APRnext payment +$24.11 per $10,000 · paid last 24h +0.357%
Price spread now: BingX against Binance+0.018%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1821.825% of the position
Funding, last 7 days+0.519%+$52 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now +0.018%, 7d avg +0.070%
=Funding pays, the price is against you. BingX is 0.052% cheaper against Binance than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.070%). If the spread goes back, that is −$5 on $10k: about under an hour of funding at the current rate (+$145 a day). At the pace of the last 7 days (+0.519% in total) that is about 17 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.519% in total (about 27.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$24.11 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 TRUSTUSDT | 0.05984 | 0.0418 | pay 0.0209% / 4h | 1h 54m | $1.6M | $1.1M | 10x |
| Short | BingX TRUST-USDT | 0.05985 | 0.5240 | get 0.2620% / 4h | 1h 54m | — | $6.5M | — |
Binance TRUSTUSDT
BingX TRUST-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
- $1,012.58
- Price spread: +0.018% → +0.070%
- −$5.19
- Slippage, 4 orders
- −$162.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $824.9
- Costs to cover
- 1.825%
- Break-even
- 1.3 days
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 12 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, 9 min ago | 3.34 bp | 44.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 8.36 bp | 50.2 bp −$50 | 152.2 bp −$1,522 | doesn't fit | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06006 | +0.369% | $106K | $111K | 10x | as long as short |
| Gate TRUST_USDT | +0.0100% | 8h | 0.06004 | +0.335% | $491K | $20K | 10x | as long as short |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.05977 | −0.116% | $279K | $726K | 10x | as long as short |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.05998 | +0.235% | $644K | $56K | 10x | as long as short |
| MEXC TRUST_USDT | +0.0412% | 4h | 0.05987 | +0.051% | $197K | $90K | 50x | as long as short |
| Binance TRUSTUSDTlong | +0.0418% | 4h | 0.05984 | long leg | $1.6M | $1.1M | 10x | |
| Aster TRUSTUSDT | +0.0526% | 4h | 0.05980 | −0.070% | $9K | $6K | 5x | as long as short |
| BingX TRUST-USDTshort | +0.5240% | 4h | 0.05985 | +0.018% | — | $6.5M | — | |
| Bybit TRUSTUSDT | +0.5329% | 4h | 0.05955 | −0.484% | $504K | $211K | 25x | as long as short |
| Variational Omni TRUST | +0.6799% | 4h | 0.05962 | −0.358% | $54K | $408 | — | as long as short |
OKX TRUST-USDT-SWAP
Gate TRUST_USDT
KuCoin TRUSTUSDTM
Bitget TRUSTUSDT
MEXC TRUST_USDT
Aster TRUSTUSDT
Bybit TRUSTUSDT
Variational Omni TRUST