Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.157%
Price spread now: Binance against BingX−0.129%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days−1.131%−$113 on $10k
+Price spread, last 7 days+0.133%+$13 · spread now −0.129%, 7d avg −0.006%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.123% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VTHO-USDT | 0.0006900 | −0.1094 | get 0.0547% / 4h | 1h 39m | — | $1.4M | — |
| Short | Binance VTHOUSDT | 0.0006891 | −0.1154 | pay 0.0577% / 4h | 1h 39m | $5.0M | $11.4M | 50x |
BingX VTHO-USDT
Binance VTHOUSDTFunding 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
- −$12.66
- Price spread: −0.129% → −0.006%
- −$12.33
- Slippage, 4 orders
- −$57.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$102.53
- Costs to cover
- 0.775%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 15 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, 7 min ago | 2.92 bp | 18.6 bp −$19 | 68.4 bp −$684 | 544.6 bp −$54.5K | 765.6 bp −$382.8K |
| Sell Binance live order book, 15 min ago | 0.73 bp | 21.3 bp −$21 | 66.6 bp −$666 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VTHOUSDTshort | −0.1154% | 4h | 0.0006891 | −0.129% | $5.0M | $11.4M | 50x | |
| MEXC VTHO_USDT | −0.1150% | 4h | 0.0006891 | −0.130% | $1.7M | $182K | 20x | as long as short |
| BingX VTHO-USDTlong | −0.1094% | 4h | 0.0006900 | long leg | — | $1.4M | — | |
| Bitget VTHOUSDT | −0.1028% | 4h | 0.0006900 | 0.000% | $1.2M | $1.1M | 50x | as long as short |
| Gate VTHO_USDT | −0.0820% | 4h | 0.0006903 | +0.043% | $398K | $333K | 25x | as long as short |
MEXC VTHO_USDT
Bitget VTHOUSDT
Gate VTHO_USDT