Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h −0.014%
Price spread now: BingX against Binance−0.062%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.062%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.041% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TSTUSDT | 0.01618 | 0.1045 | pay 0.0522% / 4h | 2h 07m | $2.9M | $4.5M | 20x |
| Short | BingX TST-USDT | 0.01617 | 0.1040 | get 0.0520% / 4h | 2h 07m | — | $1.3M | — |
Binance TSTUSDT
BingX TST-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
- −$1.1
- Price spread: −0.062% → −0.021%
- −$4.13
- Slippage, 4 orders
- −$138.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$163.55
- Costs to cover
- 1.583%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; BingX: live order book, 6 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, 15 min ago | 3.08 bp | 32.1 bp −$32 | 210.5 bp −$2,105 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 9.26 bp | 48.9 bp −$49 | 139.9 bp −$1,399 | 897.3 bp −$89.7K | doesn't fit |
TST on 5 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 TSTUSDT | +0.0634% | 4h | 0.01616 | −0.132% | $14K | $10K | 5x | as long as short |
| BingX TST-USDTshort | +0.1040% | 4h | 0.01617 | −0.062% | — | $1.3M | — | |
| Binance TSTUSDTlong | +0.1045% | 4h | 0.01618 | long leg | $2.9M | $4.5M | 20x | |
| Extended TST-USD | +0.1056% | 1h | 0.01618 | −0.022% | $9K | $118K | 5x | as long as short |
| MEXC TST_USDT | +0.1056% | 4h | 0.01619 | +0.062% | $452K | $156K | 50x | as long as short |
Aster TSTUSDT
Extended TST-USD
MEXC TST_USDT