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+0.073%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.073%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.061% dearer against BingX than usual: you sell high and buy low, +$6 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 | BingX VELODROME-USDT | 0.02992 | 0.0100 | pay 0.0050% / 4h | 3h 10m | — | $1.3M | — |
| Short | Binance VELODROMEUSDT | 0.02994 | 0.0100 | get 0.0050% / 4h | 3h 10m | $7.7M | $1.5M | 50x |
BingX VELODROME-USDT
Binance VELODROMEUSDTFunding 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: +0.073% → +0.011%
- $6.14
- Slippage, 4 orders
- −$75.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.35
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 14 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, 5 min ago | 5.01 bp | 19.7 bp −$20 | 96.9 bp −$969 | 613.5 bp −$61.4K | 816.8 bp −$408.4K |
| Sell Binance live order book, 14 min ago | 1.66 bp | 27.1 bp −$27 | 209.0 bp −$2,090 | doesn't fit | doesn't fit |
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 VELODROMEUSDTshort | +0.0100% | 4h | 0.02994 | +0.073% | $7.7M | $1.5M | 50x | |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02989 | −0.087% | $804K | $330K | 20x | as long as short |
| Gate VELODROME_USDT | +0.0100% | 4h | 0.03000 | +0.267% | $126K | $7K | 20x | as long as short |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02993 | +0.033% | $241K | $92K | 50x | as long as short |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.02998 | +0.211% | $530K | $24K | 20x | as long as short |
| BingX VELODROME-USDTlong | +0.0100% | 4h | 0.02992 | long leg | — | $1.3M | — | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02992 | −0.008% | $79K | $3K | — | as long as short |
Bybit VELODROMEUSDT
Gate VELODROME_USDT
MEXC VELODROME_USDT
Bitget VELODROMEUSDT
Variational Omni VELODROME