Funding you earn now, next payment 00:00 UTC+0.3593%/8h= +393.4% APRnext payment +$35.93 per $10,000 · paid last 24h +0.427%
Price spread now: BingX against BloFin0.000%111s7-day average +0.303% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$800.797% of the position
Funding, last 2 days (all we have)+0.495%+$50 on $10k
+Price spread, last 2 days (all we have)+0.660%+$66 · spread now 0.000%, 7d avg +0.303%
=Funding pays, the price is against you. BingX is 0.303% cheaper against BloFin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.303%). If the spread goes back, that is −$30 on $10k: about 7 hours of funding at the current rate (+$108 a day). At the pace of the last 2 days (+0.495% in total) that is about 28 hours. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid 0.495% in total (about 94.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$35.93 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 | BloFin CELR-USDT | 0.003270 | −0.9404 | get 0.9404% / 8h | 2h 01m | $348K | $544K | 25x |
| Short | BingX CELR-USDT | 0.003270 | −0.5811 | pay 0.5811% / 8h | 2h 01m | — | $2.7M | — |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $754.52
- Price spread: 0.000% → +0.303%
- −$30.34
- Slippage, 4 orders
- −$57.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $644.45
- Costs to cover
- 0.797%
- Break-even
- 1.0 days
Slippage from BloFin: live order book, 20 min ago; BingX: live order book, 3 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, 20 min ago | 3.04 bp | 18.1 bp −$18 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.11 bp | 26.4 bp −$26 | 62.2 bp −$622 | 408.9 bp −$40.9K | 494.4 bp −$247.2K |
CELR on 8 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_CELRUSD | −1.0983% | 1h | 0.003276 | +0.178% | $37K | $71K | 10x | as long as short |
| BloFin CELR-USDTlong | −0.9404% | 8h | 0.003270 | long leg | $348K | $544K | 25x | |
| Binance CELRUSDT | −0.9402% | 8h | 0.003271 | +0.039% | $3.7M | $58.5M | 25x | as long as short |
| MEXC CELR_USDT | −0.9400% | 8h | 0.003272 | +0.061% | $507K | $1.8M | 50x | as long as short |
| Gate CELR_USDT | −0.9088% | 8h | 0.003273 | +0.092% | $222K | $1.4M | 25x | as long as short |
| KuCoin CELRUSDTM | −0.8915% | 8h | 0.003276 | +0.183% | $403K | $4.4M | 25x | as long as short |
| Bitget CELRUSDT | −0.8308% | 8h | 0.003272 | +0.061% | $590K | $6.4M | 25x | as long as short |
| BingX CELR-USDTshort | −0.5811% | 8h | 0.003270 | 0.000% | — | $2.7M | — |
BloFin CELR-USDT
BingX CELR-USDT
Kraken Futures PF_CELRUSD
Binance CELRUSDT
MEXC CELR_USDT
Gate CELR_USDT
KuCoin CELRUSDTM
Bitget CELRUSDT