Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against BloFin−0.134%96s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.796% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now −0.134%, 7d avg +0.048%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.182% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.048%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VANA-USDT | 1.1197 | 0.0130 | pay 0.0065% / 4h | 27m 38s | $99K | $8K | 50x |
| Short | BingX VANA-USDT | 1.1182 | 0.0100 | get 0.0050% / 4h | 27m 38s | — | $6.5M | — |
BloFin VANA-USDT
BingX VANA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$6.27
- Price spread: −0.134% → +0.048%
- −$18.16
- Slippage, 4 orders
- −$57.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$104
- Costs to cover
- 0.796%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; BingX: live order book, 8 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 BloFin live order book, 29 min ago | 1.79 bp | 13.2 bp −$13 | 38.5 bp −$385 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 3.58 bp | 20.9 bp −$21 | 75.5 bp −$755 | 588.8 bp −$58.9K | 847.7 bp −$423.8K |
VANA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VANAUSDT | +0.0100% | 4h | 1.1179 | −0.162% | $5K | $38K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1175 | −0.201% | $2.1M | $3.1M | 50x | as long as short |
| Bybit VANAUSDT | +0.0100% | 4h | 1.1176 | −0.188% | $1.2M | $868K | 25x | as long as short |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1196 | −0.009% | $173K | $401K | 20x | as long as short |
| Gate VANA_USDT | +0.0100% | 4h | 1.1170 | −0.241% | $128K | $293K | 50x | as long as short |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1170 | −0.241% | $226K | $110K | 20x | as long as short |
| KuCoin VANAUSDTM | +0.0100% | 4h | 1.1180 | −0.152% | $261K | $34K | 30x | as long as short |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1170 | −0.241% | $445K | $296K | 50x | as long as short |
| BingX VANA-USDTshort | +0.0100% | 4h | 1.1182 | −0.134% | — | $6.5M | — | |
| BloFin VANA-USDTlong | +0.0130% | 4h | 1.1197 | long leg | $99K | $8K | 50x |
Aster VANAUSDT
Binance VANAUSDT
Bybit VANAUSDT
OKX VANA-USDT-SWAP
Gate VANA_USDT
MEXC VANA_USDT
KuCoin VANAUSDTM
Bitget VANAUSDT