Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against BloFin−0.387%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.387% cheaper against BloFin than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | BloFin WAVES-USDT | 0.2845 | 0.0184 | pay 0.0184% / 8h | 24m 08s | $90K | $23K | 20x |
| Short | BingX WAVES-USDT | 0.2834 | 0.0153 | get 0.0153% / 8h | 24m 08s | — | $1.3M | — |
BloFin WAVES-USDT
BingX WAVES-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$6.6
- Price spread: −0.387% → 0.000%
- −$38.66
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$67.27
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 6 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 5.28 bp | 52.6 bp −$53 | 162.2 bp −$1,622 | 541.2 bp −$54.1K | 608.9 bp −$304.4K |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WAVESUSDTM | +0.0100% | 8h | 0.2831 | −0.492% | $357K | $35K | 20x | as long as short |
| BingX WAVES-USDTshort | +0.0153% | 8h | 0.2834 | −0.387% | — | $1.3M | — | |
| BloFin WAVES-USDTlong | +0.0184% | 8h | 0.2845 | long leg | $90K | $23K | 20x | |
| Bybit WAVESUSDT | +0.0210% | 8h | 0.2834 | −0.387% | $1.6M | $1.4M | 20x | as long as short |
| MEXC WAVES_USDT | +0.0213% | 8h | 0.2835 | −0.351% | $472K | $127K | 20x | as long as short |
| Variational Omni WAVES | +0.0297% | 8h | 0.2842 | −0.106% | $691 | $2K | — | as long as short |
KuCoin WAVESUSDTM
Bybit WAVESUSDT
MEXC WAVES_USDT
Variational Omni WAVES