Funding you earn now, next payment 05:00 UTC−0.0652%/8h= −71.4% APRpaid last 24h −0.154%
Price spread now: tradeXYZ against Binance−0.063%7-day average −0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 2 days (all we have)−0.062%−$6 · spread now −0.063%, 7d avg −0.079%
=Together, before fees−0.162%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BXUSDT | 126.24 | 0.0210 | pay 0.0210% / 8h | 3h 18m | $776K | $491K | 20x |
| Short | tradeXYZ xyz:BX | 126.16 | −0.0442 | pay 0.0055% / 1h | 18m 56s | $664K | $220K | 10x |
Binance BXUSDT
tradeXYZ xyz:BXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$136.87
- Price spread: −0.063% → −0.079%
- $1.61
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$163.26
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 28 min ago; tradeXYZ: live order book, 68 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 Binance live order book, 28 min ago | 0.79 bp | 26.8 bp −$27 | 144.5 bp −$1,445 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 68 min ago | 2.77 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
BX on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BXshort | −0.0442% | 1h | 126.16 | −0.063% | $664K | $220K | 10x | |
| Aster BXUSDT | 0.0000% | 8h | 126.17 | −0.056% | $5K | $2K | 20x | as long as short |
| Bybit BXUSDT | 0.0000% | 8h | 126.23 | −0.008% | $482K | $802K | 25x | as long as short |
| OKX BX-USDT-SWAP | 0.0000% | 8h | 126.22 | −0.016% | $163K | $111K | 20x | as long as short |
| QFEX BX-USD | 0.0000% | 1h | 126.47 | +0.182% | $1.1M | $1.5M | 10x | as long as short |
| Gate BX_USDT | 0.0000% | 8h | 126.34 | +0.079% | $422K | $28K | 20x | as long as short |
| Bitget BXUSDT | 0.0000% | 8h | 126.42 | +0.143% | $900K | $37K | 20x | as long as short |
| GRVT BX_USDT_Perp | 0.0000% | 8h | 126.25 | +0.010% | $352 | $108K | 10x | as long as short |
| SunX BX-USDT | 0.0000% | 8h | 126.20 | −0.032% | $538 | $314K | 10x | as long as short |
| HTX BX-USDT | 0.0000% | 8h | 126.28 | +0.032% | $7K | $3K | 20x | as long as short |
Aster BXUSDT
Bybit BXUSDT
OKX BX-USDT-SWAP
QFEX BX-USD
Gate BX_USDT
Bitget BXUSDT
GRVT BX_USDT_Perp
SunX BX-USDT
HTX BX-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BX | +0.0089% | 8h | 126.18 | −0.049% | $43K | $12K | — | as long as short |
| KuCoin BXUSDTM | +0.0100% | 8h | 126.09 | −0.119% | $114K | $888K | 20x | as long as short |
| Binance BXUSDTlong | +0.0210% | 8h | 126.24 | long leg | $776K | $491K | 20x | |
| Injective BX/USDC PERP | +0.0220% | 1h | 138.75 | +9.910% | $4K | $32K | 12x | as long as short |
Variational Omni BX
KuCoin BXUSDTM
Injective BX/USDC PERP