Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.056%
Price spread now: Binance against BingX+0.024%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1021.016% of the position
Funding, last 7 days−0.547%−$55 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.024%, 7d avg −0.004%
=The price spread pays, funding is against you. Binance is 0.028% dearer against BingX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.004%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.547% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000BABYDOGE-USDT | 0.0000000004201 | 0.0200 | pay 0.0100% / 4h | 1h 26m | — | $1.3M | — |
| Short | Binance 1MBABYDOGEUSDT | 0.0000000004202 | 0.0100 | get 0.0050% / 4h | 1h 26m | $1.9M | $3.8M | 50x |
BingX 1000000BABYDOGE-USDT
Binance 1MBABYDOGEUSDTFunding 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
- −$21
- Price spread: +0.024% → −0.004%
- $2.77
- Slippage, 4 orders
- −$81.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$119.84
- Costs to cover
- 1.016%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Binance: live order book, 10 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, 10 min ago | 4.78 bp | 33.4 bp −$33 | 222.3 bp −$2,223 | 643.4 bp −$64.3K | 941.8 bp −$470.9K |
| Sell Binance live order book, 10 min ago | 3.59 bp | 20.5 bp −$20 | 69.9 bp −$699 | doesn't fit | doesn't fit |
BABYDOGE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1MBABYDOGEUSDTshort | +0.0100% | 4h | 0.0000000004202 | +0.024% | $1.9M | $3.8M | 50x | |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004206 | +0.119% | $497K | $739K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDT | +0.0100% | 4h | 0.0000000004205 | +0.095% | $472K | $166K | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004199 | −0.048% | $302K | $97K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004200 | −0.024% | $1.4M | $575K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTlong | +0.0200% | 4h | 0.0000000004201 | long leg | — | $1.3M | — |
Bybit 1000000BABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT