Funding you earn now, next payment 04:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.157%
Price spread now: BingX against Binance+0.043%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs+$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$830.827% of the position
Funding, last 7 days+1.030%+$103 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.043%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.048% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VTHOUSDT | 0.0006968 | −0.4256 | get 0.2128% / 4h | 2h 30m | $5.2M | $14.3M | 50x |
| Short | BingX VTHO-USDT | 0.0006971 | −0.4184 | pay 0.2092% / 4h | 2h 30m | — | $1.4M | — |
Binance VTHOUSDT
BingX VTHO-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
- $15.09
- Price spread: +0.043% → −0.005%
- $4.77
- Slippage, 4 orders
- −$62.71
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$62.86
- Costs to cover
- 0.827%
- Break-even
- 36.2 days
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 6 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, 10 min ago | 1.43 bp | 19.5 bp −$20 | 72.3 bp −$723 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.29 bp | 25.8 bp −$26 | 77.6 bp −$776 | 517.9 bp −$51.8K | 782.7 bp −$391.3K |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC VTHO_USDT | −0.4290% | 4h | 0.0006967 | −0.014% | $1.7M | $209K | 20x | as long as short |
| Binance VTHOUSDTlong | −0.4256% | 4h | 0.0006968 | long leg | $5.2M | $14.3M | 50x | |
| BingX VTHO-USDTshort | −0.4184% | 4h | 0.0006971 | +0.043% | — | $1.4M | — | |
| Gate VTHO_USDT | −0.4178% | 4h | 0.0006970 | +0.029% | $383K | $429K | 25x | as long as short |
| Bitget VTHOUSDT | −0.3906% | 4h | 0.0006967 | −0.014% | $1.3M | $1.5M | 50x | as long as short |
MEXC VTHO_USDT
Gate VTHO_USDT
Bitget VTHOUSDT