Funding you earn now, next payment 00:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.88 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BingX−0.087%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.087%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.084% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4-USDT | 0.02185 | 0.0768 | pay 0.0384% / 4h | 48m 36s | — | $1.4M | — |
| Short | Binance 4USDT | 0.02183 | 0.0592 | get 0.0296% / 4h | 48m 36s | $8.4M | $11.1M | 20x |
BingX 4-USDT
Binance 4USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$36.95
- Price spread: −0.087% → −0.003%
- −$8.39
- Slippage, 4 orders
- −$129.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$194.62
- Costs to cover
- 1.493%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Binance: live order book, 6 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 BingX live order book, 8 min ago | 30.26 bp | 49.4 bp −$49 | 125.5 bp −$1,255 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.23 bp | 23.9 bp −$24 | 155.3 bp −$1,553 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02184 | −0.038% | $53K | $5K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02183 | −0.096% | $2K | $1.0M | 20x | as long as short |
| Aster 4USDT | +0.0463% | 4h | 0.02185 | −0.012% | $250K | $95K | 5x | as long as short |
| Gate 4_USDT | +0.0546% | 4h | 0.02187 | +0.087% | $596K | $236K | 20x | as long as short |
| MEXC 4_USDT | +0.0582% | 4h | 0.02185 | −0.005% | $1.9M | $847K | 100x | as long as short |
| Binance 4USDTshort | +0.0592% | 4h | 0.02183 | −0.087% | $8.4M | $11.1M | 20x | |
| KuCoin 4USDTM | +0.0680% | 4h | 0.02184 | −0.050% | $956K | $13.1M | 20x | as long as short |
| BingX 4-USDTlong | +0.0768% | 4h | 0.02185 | long leg | — | $1.4M | — | |
| Bybit 4USDT | +0.0802% | 4h | 0.02182 | −0.156% | $2.9M | $1.7M | 5x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
Gate 4_USDT
MEXC 4_USDT
KuCoin 4USDTM
Bybit 4USDT