Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.85 per $10,000 · paid last 24h −0.047%
Price spread now: Binance against BingX+0.005%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$980.977% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now +0.005%, 7d avg +0.082%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.078% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B2-USDT | 0.4854 | 0.1094 | pay 0.0547% / 4h | 3h 57m | — | $1.4M | — |
| Short | Binance B2USDT | 0.4854 | 0.0924 | get 0.0462% / 4h | 3h 57m | $7.8M | $12.7M | 50x |
BingX B2-USDT
Binance B2USDTFunding 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
- −$35.7
- Price spread: +0.005% → +0.082%
- −$7.76
- Slippage, 4 orders
- −$77.65
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.12
- Costs to cover
- 0.977%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: 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 BingX live order book, 9 min ago | 7.19 bp | 28.4 bp −$28 | 149.5 bp −$1,495 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.06 bp | 23.7 bp −$24 | 92.0 bp −$920 | doesn't fit | doesn't fit |
B2 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 B2USDT | +0.0100% | 4h | 0.4849 | −0.103% | $1.5M | $2.7M | 20x | as long as short |
| Gate B2_USDT | +0.0206% | 4h | 0.4844 | −0.206% | $844K | $430K | 20x | as long as short |
| Binance B2USDTshort | +0.0924% | 4h | 0.4854 | +0.005% | $7.8M | $12.7M | 50x | |
| MEXC B2_USDT | +0.0934% | 4h | 0.4851 | −0.062% | $543K | $508K | 100x | as long as short |
| Aster B2USDT | +0.0993% | 4h | 0.4848 | −0.124% | $151K | $176K | 5x | as long as short |
| BingX B2-USDTlong | +0.1094% | 4h | 0.4854 | long leg | — | $1.4M | — | |
| Bitget B2USDT | +0.1138% | 4h | 0.4849 | −0.103% | $2.7M | $1.4M | 50x | as long as short |
| KuCoin B2USDTM | +0.1664% | 4h | 0.4854 | 0.000% | $1.0M | $319K | 50x | as long as short |
| Variational Omni B2 | +0.1840% | 4h | 0.4869 | +0.306% | $13K | $2K | — | as long as short |
Bybit B2USDT
Gate B2_USDT
MEXC B2_USDT
Aster B2USDT
Bitget B2USDT
KuCoin B2USDTM
Variational Omni B2