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: BingX against Binance−0.089%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.089%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.078% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VELODROMEUSDT | 0.03008 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $7.7M | $1.4M | 50x |
| Short | BingX VELODROME-USDT | 0.03005 | 0.0100 | get 0.0050% / 4h | 3h 55m | — | $1.3M | — |
Binance VELODROMEUSDT
BingX VELODROME-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
- $0
- Price spread: −0.089% → −0.011%
- −$7.76
- Slippage, 4 orders
- −$78.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.52
- Costs to cover
- 0.988%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 10 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, 14 min ago | 1.67 bp | 26.8 bp −$27 | 346.4 bp −$3,464 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 8.34 bp | 23.4 bp −$23 | 107.0 bp −$1,070 | 647.1 bp −$64.7K | 863.7 bp −$431.9K |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDTlong | +0.0100% | 4h | 0.03008 | long leg | $7.7M | $1.4M | 50x | |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.03002 | −0.202% | $808K | $330K | 20x | as long as short |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.03008 | +0.011% | $242K | $90K | 50x | as long as short |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.03008 | +0.024% | $532K | $23K | 20x | as long as short |
| BingX VELODROME-USDTshort | +0.0100% | 4h | 0.03005 | −0.089% | — | $1.3M | — | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02999 | −0.284% | $79K | $3K | — | as long as short |
| Gate VELODROME_USDT | +0.0436% | 4h | 0.03006 | −0.056% | $125K | $6K | 20x | as long as short |
Bybit VELODROMEUSDT
MEXC VELODROME_USDT
Bitget VELODROMEUSDT
Variational Omni VELODROME
Gate VELODROME_USDT