Funding you earn now, next payment 12:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against Binance+0.139%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1531.534% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.139%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.136% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 4USDT | 0.02044 | 0.0425 | pay 0.0212% / 4h | 3h 47m | $8.1M | $14.3M | 20x |
| Short | BingX 4-USDT | 0.02046 | 0.0422 | get 0.0211% / 4h | 3h 47m | — | $1.4M | — |
Binance 4USDT
BingX 4-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
- −$0.58
- Price spread: +0.139% → +0.003%
- $13.56
- Slippage, 4 orders
- −$133.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$140.46
- Costs to cover
- 1.534%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; BingX: live order book, 13 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 | 1.22 bp | 28.1 bp −$28 | 253.2 bp −$2,532 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 30.36 bp | 48.1 bp −$48 | 109.6 bp −$1,096 | doesn't fit | doesn't fit |
4 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 4USDT | +0.0100% | 4h | 0.02041 | −0.125% | $2.7M | $2.1M | 5x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.02047 | +0.169% | $49K | $12K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02041 | −0.125% | $2K | $1.5M | 20x | as long as short |
| KuCoin 4USDTM | +0.0226% | 4h | 0.02043 | −0.027% | $905K | $12.3M | 20x | as long as short |
| Aster 4USDT | +0.0318% | 4h | 0.02043 | −0.015% | $242K | $117K | 5x | as long as short |
| Gate 4_USDT | +0.0330% | 4h | 0.02047 | +0.173% | $560K | $329K | 20x | as long as short |
| BingX 4-USDTshort | +0.0422% | 4h | 0.02046 | +0.139% | — | $1.4M | — | |
| MEXC 4_USDT | +0.0424% | 4h | 0.02043 | −0.027% | $1.8M | $955K | 100x | as long as short |
| Binance 4USDTlong | +0.0425% | 4h | 0.02044 | long leg | $8.1M | $14.3M | 20x |
Bybit 4USDT
Variational Omni 4
SunX 4-USDT
KuCoin 4USDTM
Aster 4USDT
Gate 4_USDT
MEXC 4_USDT