Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX0.000%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$900.902% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)+0.145%+$14 · spread now 0.000%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.023% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.023%). If the spread goes back, that is −$2 on $10k: about 3.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.146% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AIXBT-USDT | 0.02280 | 0.0100 | pay 0.0050% / 4h | 1h 04m | — | $6.6M | — |
| Short | BloFin AIXBT-USDT | 0.02280 | 0.0120 | get 0.0060% / 4h | 1h 04m | $120K | $76K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.2
- Price spread: 0.000% → +0.023%
- −$2.34
- Slippage, 4 orders
- −$68.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.3
- Costs to cover
- 0.902%
- Break-even
- 154.2 days
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 31 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, 3 min ago | 2.19 bp | 28.4 bp −$28 | 98.3 bp −$983 | 633.6 bp −$63.4K | 952.5 bp −$476.3K |
| Sell BloFin live order book, 31 min ago | 4.36 bp | 30.5 bp −$30 | 83.9 bp −$839 | doesn't fit | doesn't fit |
AIXBT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.1157% | 1h | 0.02275 | −0.231% | $18K | $7K | 10x | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02284 | +0.167% | $392K | $203K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02283 | +0.110% | $2.4M | $3.2M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02277 | −0.132% | $1.2M | $1.1M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02279 | −0.044% | $448K | $1.6M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02285 | +0.219% | $201K | $101K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02282 | +0.088% | $612K | $222K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02283 | +0.132% | $1.2M | $1.4M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02281 | +0.044% | $655K | $527K | 20x | as long as short |
| BingX AIXBT-USDTlong | +0.0100% | 4h | 0.02280 | long leg | — | $6.6M | — |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AIXBT | +0.0100% | 4h | 0.02277 | −0.129% | $100K | $10K | — | as long as short |
| BloFin AIXBT-USDTshort | +0.0120% | 4h | 0.02280 | 0.000% | $120K | $76K | 50x | |
| GMX AIXBT/USD [ETH-USDC] | L +0.0271% / S −0.0486% | 1h | 0.02279 | −0.039% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02279 | −0.050% | — | — | — | as long as short |
BingX AIXBT-USDT
BloFin AIXBT-USDT
Kraken Futures PF_AIXBTUSD
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
Variational Omni AIXBT
GMX AIXBT/USD [ETH-USDC]