ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against BloFin+0.091%81s7-day average −0.139% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1011.008% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.091%, 7d avg −0.139%

Together, before fees−0.146%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.230% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.139%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ATH-USDT	0.005475	0.0059	pay 0.0030% / 4h	17m 46s	$162K	$69K	75x
Short	BingX ATH-USDT	0.005480	0.0100	get 0.0050% / 4h	17m 46s	—	$21.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now +0.091%Rate

Funding earned: $8.53
Price spread: +0.091% → −0.139%: $23
Slippage, 4 orders: −$78.82
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$69.29
Costs to cover: 1.008%
Break-even: 63.9 days

Slippage from BloFin: live order book, 52 min ago; BingX: live order book, 11 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 BloFin live order book, 52 min ago	3.63 bp	21.8 bp −$22	68.7 bp −$687	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	6.37 bp	29.4 bp −$29	72.3 bp −$723	593.1 bp −$59.3K	953.1 bp −$476.6K

ATH on 13 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_ATHUSD	−0.1808%	1h	0.005489	+0.259%	$17K	$109K	10x	as long as short
Variational Omni ATH	−0.0100%	4h	0.005462	−0.237%	$183K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005490	+0.274%	$11K	$59	5x	as long as short
BloFin ATH-USDTlong	+0.0059%	4h	0.005475	long leg	$162K	$69K	75x
Aster ATHUSDT	+0.0100%	4h	0.005487	+0.223%	$4K	$42K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005487	+0.223%	$3.2M	$4.3M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005475	0.000%	$4.3M	$2.7M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005481	+0.110%	$700K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005477	+0.037%	$783K	$619K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005486	+0.201%	$8.9M	$680K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ATHUSDTM	+0.0100%	4h	0.005480	+0.091%	$549K	$79K	30x	as long as short
Bitget ATHUSDT	+0.0100%	4h	0.005485	+0.183%	$1.5M	$898K	25x	as long as short
BingX ATH-USDTshort	+0.0100%	4h	0.005480	+0.091%	—	$21.3M	—