Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against Binance+0.112%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1501.502% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.112%, 7d avg +0.098%
=The price spread sits at its 7-day average of +0.098%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01632 | 0.0470 | pay 0.0235% / 4h | 1h 50m | $9.1M | $3.2M | 10x |
| Short | BingX US-USDT | 0.01633 | 0.0484 | get 0.0242% / 4h | 1h 50m | — | $1.3M | — |
Binance USUSDT
BingX US-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
- $3.04
- Price spread: +0.112% → +0.098%
- $1.38
- Slippage, 4 orders
- −$130.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$145.75
- Costs to cover
- 1.502%
- Break-even
- 342.5 days
Slippage from Binance: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago | 3.68 bp | 56.3 bp −$56 | 396.0 bp −$3,960 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 7.34 bp | 26.1 bp −$26 | 52.9 bp −$529 | 655.9 bp −$65.6K | 1074.7 bp −$537.3K |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01632 | +0.026% | $3.2M | $935K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01630 | −0.127% | $2.0M | $599K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01622 | −0.605% | $4.0M | $393K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01631 | −0.021% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0208% | 4h | 0.01632 | +0.038% | $4.3M | $266K | 10x | as long as short |
| Aster USUSDT | +0.0339% | 4h | 0.01631 | −0.036% | $12K | $54K | 5x | as long as short |
| BloFin US-USDT | +0.0415% | 4h | 0.01632 | +0.007% | $481K | $49K | 10x | as long as short |
| Binance USUSDTlong | +0.0470% | 4h | 0.01632 | long leg | $9.1M | $3.2M | 10x | |
| Extended US-USD | +0.0472% | 1h | 0.01630 | −0.067% | $1K | $166K | 5x | as long as short |
| MEXC US_USDT | +0.0478% | 4h | 0.01632 | +0.057% | $5.5M | $113K | 100x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
BloFin US-USDT
Extended US-USD
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDTshort | +0.0484% | 4h | 0.01633 | +0.112% | — | $1.3M | — |