Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: Binance against tradeXYZ+0.027%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now +0.027%, 7d avg +0.066%
=Together, before fees−0.042%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.039% cheaper against tradeXYZ than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 271.42 | 0.0050 | pay 0.0006% / 1h | 19m 19s | $5.9M | $2.8M | 10x |
| Short | Binance BEUSDT | 271.49 | 0 | get 0.0000% / 8h | 1h 19m | $8.2M | $37.1M | 25x |
tradeXYZ xyz:BE
Binance BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$10.5
- Price spread: +0.027% → +0.066%
- −$3.93
- Slippage, 4 orders
- −$25.64
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.06
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Binance: 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 tradeXYZ live order book, 9 min ago | 1.47 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.29 bp | 13.3 bp −$13 | 34.8 bp −$348 | 98.1 bp −$9,807 | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0230% | 8h | 271.30 | −0.044% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | −0.0135% | 8h | 271.37 | −0.018% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 271.40 | −0.009% | $341K | $125K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.40 | −0.007% | $46K | $251K | 10x | as long as short |
| Binance BEUSDTshort | 0.0000% | 8h | 271.49 | +0.027% | $8.2M | $37.1M | 25x | |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 271.44 | +0.007% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 271.42 | +0.001% | $7K | $157K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.47 | +0.018% | $928 | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 271.46 | +0.015% | $12K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.27 | −0.055% | — | — | 10x | as long as short |
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
OKX BE-USDT-SWAP
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 271.37 | −0.018% | $242K | $300K | 10x | as long as short |
| QFEX BE-USD | +0.0040% | 1h | 271.47 | +0.018% | $1.3M | $2.3M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 271.20 | −0.081% | $113K | $108K | 10x | as long as short |
| Bybit BEUSDT | +0.0042% | 8h | 271.51 | +0.033% | $2.0M | $1.1M | 25x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.45 | +0.011% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 271.42 | long leg | $5.9M | $2.8M | 10x | |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.306% | $473K | $130K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.40 | −0.007% | $367K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.42 | +0.002% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.45 | +0.011% | $45K | $147K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0192% | 1h | 271.43 | +0.004% | $6K | $4K | 10x | as long as short |
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Bybit BEUSDT
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL