Funding you earn now, next payment 16:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against BingX−0.070%81s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.070% cheaper against BingX than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.046% in total) that is about 11 days. The two prices were read 81 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 | BingX WAVES-USDT | 0.2846 | 0.0070 | pay 0.0070% / 8h | 6h 21m | — | $1.3M | — |
| Short | BloFin WAVES-USDT | 0.2844 | 0.0129 | get 0.0129% / 8h | 6h 21m | $91K | $22K | 20x |
BingX WAVES-USDT
BloFin WAVES-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $12.39
- Price spread: −0.070% → 0.000%
- −$7.03
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.64
- Costs to cover
- 0.220%
- Break-even
- 16.4 days
Slippage unknown: BingX: live order book, 2 min ago; BloFin: no order-book sample. Net counts fees only.
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, 2 min ago | 8.79 bp | 45.7 bp −$46 | 168.7 bp −$1,687 | 502.6 bp −$50.3K | 571.1 bp −$285.5K |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WAVES on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX WAVES-USDTlong | +0.0070% | 8h | 0.2846 | long leg | — | $1.3M | — | |
| Bybit WAVESUSDT | +0.0100% | 8h | 0.2844 | −0.070% | $1.6M | $1.1M | 20x | as long as short |
| MEXC WAVES_USDT | +0.0100% | 8h | 0.2844 | −0.070% | $473K | $113K | 20x | as long as short |
| KuCoin WAVESUSDTM | +0.0100% | 8h | 0.2840 | −0.211% | $357K | $31K | 20x | as long as short |
| BloFin WAVES-USDTshort | +0.0129% | 8h | 0.2844 | −0.070% | $91K | $22K | 20x | |
| Variational Omni WAVES | +0.0162% | 8h | 0.2834 | −0.407% | $689 | $2K | — | as long as short |
Bybit WAVESUSDT
MEXC WAVES_USDT
KuCoin WAVESUSDTM
Variational Omni WAVES