Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.143%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now −0.143%, 7d avg −0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.073% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01401 | 0.0100 | pay 0.0050% / 4h | 3h 32m | — | $1.2M | — |
| Short | Binance USUALUSDT | 0.01399 | 0.0100 | get 0.0050% / 4h | 3h 32m | $2.3M | $3.4M | 50x |
BingX USUAL-USDT
Binance USUALUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- $0
- Price spread: −0.143% → −0.070%
- −$7.27
- Slippage, 4 orders
- −$77.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.51
- Costs to cover
- 0.972%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 3 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 BingX live order book, 8 min ago | 4.29 bp | 21.3 bp −$21 | 115.7 bp −$1,157 | 554.0 bp −$55.4K | 825.7 bp −$412.8K |
| Sell Binance live order book, 3 min ago | 2.86 bp | 27.8 bp −$28 | 126.3 bp −$1,263 | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.5000% | 1h | 0.01383 | −1.264% | $6K | $3K | 5.5x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01402 | +0.093% | $405K | $186K | 3x | as long as short |
| Binance USUALUSDTshort | +0.0100% | 4h | 0.01399 | −0.143% | $2.3M | $3.4M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01401 | +0.029% | $1.1M | $796K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01403 | +0.164% | $948K | $110K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01400 | −0.050% | $6.1M | $248K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01399 | −0.121% | $258K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01401 | +0.021% | $829K | $395K | 50x | as long as short |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01401 | long leg | — | $1.2M | — | |
| Variational Omni USUAL | +0.0100% | 4h | 0.01399 | −0.114% | $11K | $1K | — | as long as short |
Injective USUAL/USDC PERP
Hyperliquid USUAL
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDT
Variational Omni USUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_USUALUSD | +0.0275% | 1h | 0.01400 | −0.073% | $111K | $21K | 10x | as long as short |
Kraken Futures PF_USUALUSD