Funding you earn now, next payment 01:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h +0.034%
Price spread now: BingX against Extended+0.025%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$3063.055% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.025%, 7d avg +0.140%
=Together, before fees+0.187%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.115% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.140%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.121%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01637 | 0.0824 | pay 0.0103% / 1h | 20m 11s | $4K | $113K | 5x |
| Short | BingX US-USDT | 0.01638 | 0.0766 | get 0.0383% / 4h | 3h 20m | — | $1.3M | — |
Extended US-USD
BingX US-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$12.18
- Price spread: +0.025% → +0.140%
- −$11.49
- Slippage, 4 orders
- −$290.51
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$329.18
- Costs to cover
- 3.055%
- Break-even
- never at this rate
Slippage from Extended: live order book, 50 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 Extended live order book, 50 min ago | 6.71 bp | 135.3 bp −$135 | 905.7 bp −$9,057 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 8.22 bp | 48.5 bp −$48 | 135.1 bp −$1,351 | 1008.9 bp −$100.9K | 1330.1 bp −$665.0K |
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 | 0.01638 | +0.043% | $3.2M | $878K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01638 | +0.055% | $2.1M | $564K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01636 | −0.097% | $4.2M | $276K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01639 | +0.118% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0428% | 4h | 0.01639 | +0.129% | $4.3M | $250K | 10x | as long as short |
| BingX US-USDTshort | +0.0766% | 4h | 0.01638 | +0.025% | — | $1.3M | — | |
| Aster USUSDT | +0.0785% | 4h | 0.01640 | +0.185% | $12K | $53K | 5x | as long as short |
| Extended US-USDlong | +0.0824% | 1h | 0.01637 | long leg | $4K | $113K | 5x | |
| Binance USUSDT | +0.0826% | 4h | 0.01637 | +0.011% | $9.1M | $3.1M | 10x | as long as short |
| MEXC US_USDT | +0.0834% | 4h | 0.01637 | +0.006% | $5.5M | $114K | 100x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
Binance USUSDT
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0850% | 4h | 0.01641 | +0.239% | $481K | $49K | 10x | as long as short |
BloFin US-USDT