Funding you earn now, next payment 04:00 UTC−0.1100%/8h= −120.4% APRnext payment −$5.50 per $10,000 · paid last 24h −0.297%
Price spread now: BingX against Binance−0.182%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days−1.869%−$187 on $10k
+Price spread, last 7 days+0.156%+$16 · spread now −0.182%, 7d avg −0.058%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and BingX is 0.124% cheaper against Binance than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1189 | 0.1180 | pay 0.0590% / 4h | 2h 21m | $53.4M | $159.0M | 25x |
| Short | BingX BR-USDT | 1.1169 | 0.0080 | get 0.0040% / 4h | 2h 21m | — | $6.1M | — |
Binance BRUSDT
BingX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$230.91
- Price spread: −0.182% → −0.058%
- −$12.45
- Slippage, 4 orders
- −$47.38
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$310.73
- Costs to cover
- 0.674%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; BingX: live order book, 8 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 Binance live order book, 6 min ago | 1.66 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.84 bp | 14.9 bp −$15 | 55.2 bp −$552 | 351.3 bp −$35.1K | 1125.3 bp −$562.6K |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTshort | +0.0080% | 4h | 1.1169 | −0.182% | — | $6.1M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1168 | −0.186% | $10.8M | $25.5M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1160 | −0.260% | $7.4M | $8.6M | 20x | as long as short |
| KuCoin BRUSDTM | +0.0100% | 4h | 1.1175 | −0.126% | $4.8M | $5.2M | 30x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1078 | −0.996% | $261K | $288K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1176 | −0.121% | — | $720K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1194 | +0.040% | $84K | $246K | 20x | as long as short |
| Bitget BRUSDT | +0.0324% | 4h | 1.1192 | +0.024% | $8.2M | $12.1M | 10x | as long as short |
| Aster BRUSDT | +0.0608% | 4h | 1.1179 | −0.089% | $666K | $2.7M | 5x | as long as short |
| MEXC BR_USDT | +0.1178% | 4h | 1.1201 | +0.104% | $15.4M | $7.4M | 100x | as long as short |
Bybit BRUSDT
Gate BR_USDT
KuCoin BRUSDTM
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.1180% | 4h | 1.1189 | long leg | $53.4M | $159.0M | 25x |