Funding you earn now, next payment 08:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.47 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against BloFin−0.063%66s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2072.075% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.063%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. 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 XNY-USDT | 0.006362 | 0.1331 | pay 0.0665% / 4h | 3h 56m | $226K | $6K | 10x |
| Short | BingX XNY-USDT | 0.006358 | 0.1236 | get 0.0618% / 4h | 3h 56m | — | $1.3M | — |
BloFin XNY-USDT
BingX XNY-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
- −$19.92
- Price spread: −0.063% → −0.045%
- −$1.75
- Slippage, 4 orders
- −$185.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$229.15
- Costs to cover
- 2.075%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; BingX: live order book, 9 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 BloFin live order book, 35 min ago | 4.77 bp | 37.6 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 8.68 bp | 55.0 bp −$55 | 186.6 bp −$1,866 | doesn't fit | doesn't fit |
XNY on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XNYUSDT | +0.0100% | 4h | 0.006354 | −0.126% | $444K | $32K | 5x | as long as short |
| Gate XNY_USDT | +0.0100% | 4h | 0.006374 | +0.189% | $213K | $15K | 10x | as long as short |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006352 | −0.157% | $290K | $13K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006355 | −0.104% | $53K | $1K | — | as long as short |
| Aster XNYUSDT | +0.1225% | 4h | 0.006385 | +0.363% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDTshort | +0.1236% | 4h | 0.006358 | −0.063% | — | $1.3M | — | |
| MEXC XNY_USDT | +0.1318% | 4h | 0.006356 | −0.094% | $171K | $93K | 100x | as long as short |
| BloFin XNY-USDTlong | +0.1331% | 4h | 0.006362 | long leg | $226K | $6K | 10x | |
| Binance XNYUSDT | +0.1338% | 4h | 0.006357 | −0.072% | $3.7M | $998K | 10x | as long as short |
Bybit XNYUSDT
Gate XNY_USDT
KuCoin XNYUSDTM
Variational Omni XNY
Aster XNYUSDT
MEXC XNY_USDT
Binance XNYUSDT