Funding you earn now, next payment 04:00 UTC−0.0165%/8h= −18.1% APRnext payment −$0.83 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against Binance−0.039%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days−0.275%−$27 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.039%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XNYUSDT | 0.006278 | 0.1431 | pay 0.0716% / 4h | 2h 28m | $3.7M | $916K | 10x |
| Short | BingX XNY-USDT | 0.006276 | 0.1266 | get 0.0633% / 4h | 2h 28m | — | $1.2M | — |
Binance XNYUSDT
BingX XNY-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
- −$34.67
- Price spread: −0.039% → −0.018%
- −$2.09
- Slippage, 4 orders
- −$137.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$194.54
- Costs to cover
- 1.578%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 7 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, 8 min ago | 1.61 bp | 37.1 bp −$37 | 567.3 bp −$5,673 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.61 bp | 35.6 bp −$36 | 146.5 bp −$1,465 | doesn't fit | doesn't fit |
XNY on 8 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 XNYUSDTM | +0.0100% | 4h | 0.006239 | −0.628% | $284K | $12K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006260 | −0.302% | $52K | $1K | — | as long as short |
| Bybit XNYUSDT | +0.0678% | 4h | 0.006262 | −0.262% | $438K | $30K | 5x | as long as short |
| Gate XNY_USDT | +0.1146% | 4h | 0.006283 | +0.072% | $208K | $12K | 10x | as long as short |
| BingX XNY-USDTshort | +0.1266% | 4h | 0.006276 | −0.039% | — | $1.2M | — | |
| Aster XNYUSDT | +0.1279% | 4h | 0.006240 | −0.615% | $5K | $3K | 5x | as long as short |
| MEXC XNY_USDT | +0.1430% | 4h | 0.006276 | −0.039% | $169K | $94K | 100x | as long as short |
| Binance XNYUSDTlong | +0.1431% | 4h | 0.006278 | long leg | $3.7M | $916K | 10x |
KuCoin XNYUSDTM
Variational Omni XNY
Bybit XNYUSDT
Gate XNY_USDT
Aster XNYUSDT
MEXC XNY_USDT