Funding you earn now, next payment 08:00 UTC−0.0488%/8h= −53.4% APRnext payment −$2.44 per $10,000 · paid last 24h −0.035%
Price spread now: Binance against BingX+0.102%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.102%, 7d avg −0.034%
=The price spread pays, funding is against you. Binance is 0.136% dearer against BingX than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of −0.034%): +$14 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.190% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.190% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.44 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BANK-USDT | 0.03445 | 0.0666 | pay 0.0333% / 4h | 3h 20m | — | $6.9M | — |
| Short | Binance BANKUSDT | 0.03449 | 0.0178 | get 0.0089% / 4h | 3h 20m | $7.5M | $31.0M | 50x |
BingX BANK-USDT
Binance BANKUSDTFunding 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
- −$102.4
- Price spread: +0.102% → −0.034%
- $13.59
- Slippage, 4 orders
- −$23.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$132.79
- Costs to cover
- 0.440%
- Break-even
- never at this rate
Slippage from BingX: live order book, 17 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, 17 min ago | 2.89 bp | 11.4 bp −$11 | 38.3 bp −$383 | 534.4 bp −$53.4K | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.44 bp | 7.9 bp −$8 | 45.3 bp −$453 | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03451 | +0.160% | $54K | $95K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03445 | 0.000% | $715K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03450 | +0.145% | $1.2M | $156K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03451 | +0.174% | $39K | $233K | 20x | as long as short |
| Binance BANKUSDTshort | +0.0178% | 4h | 0.03449 | +0.102% | $7.5M | $31.0M | 50x | |
| MEXC BANK_USDT | +0.0182% | 4h | 0.03450 | +0.145% | $2.5M | $532K | 20x | as long as short |
| edgeX BANKUSDC | +0.0197% | 4h | 0.03455 | +0.290% | $1K | $245K | 5x | as long as short |
| BloFin BANK-USDT | +0.0418% | 4h | 0.03448 | +0.087% | $438K | $77K | 50x | as long as short |
| BingX BANK-USDTlong | +0.0666% | 4h | 0.03445 | long leg | — | $6.9M | — | |
| Bitget BANKUSDT | +0.0688% | 4h | 0.03451 | +0.174% | $2.8M | $3.5M | 25x | as long as short |
Aster BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
MEXC BANK_USDT
edgeX BANKUSDC
BloFin BANK-USDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANKUSDT | +0.0881% | 4h | 0.03449 | +0.116% | $2.8M | $6.4M | 20x | as long as short |
Bybit BANKUSDT