Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: BingX against BloFin−0.155%96s7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days−0.426%−$43 on $10k
+Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.155%, 7d avg +0.049%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.204% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.049%). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEXE-USDT | 1.9380 | 0.0340 | pay 0.0170% / 4h | 3h 33m | $397K | $37K | 20x |
| Short | BingX DEXE-USDT | 1.9350 | 0.0100 | get 0.0050% / 4h | 3h 33m | — | $1.8M | — |
BloFin DEXE-USDT
BingX DEXE-USDTFunding 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
- −$50.4
- Price spread: −0.155% → +0.049%
- −$20.36
- Slippage, 4 orders
- −$34.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$126.92
- Costs to cover
- 0.562%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 42 min ago; BingX: live order book, 14 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, 42 min ago | 7.70 bp | 18.6 bp −$19 | 40.9 bp −$409 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 2.57 bp | 12.7 bp −$13 | 33.9 bp −$339 | 844.0 bp −$84.4K | doesn't fit |
DEXE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.025% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9377 | −0.017% | $172K | $27K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9351 | −0.150% | $6.9M | $8.6M | 20x | as long as short |
| Bybit DEXEUSDT | +0.0100% | 4h | 1.9373 | −0.036% | $2.4M | $982K | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9350 | −0.155% | $465K | $828K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9360 | −0.103% | $1.8M | $232K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9350 | −0.155% | $3.2M | $419K | 10x | as long as short |
| BingX DEXE-USDTshort | +0.0100% | 4h | 1.9350 | −0.155% | — | $1.8M | — | |
| Variational Omni DEXE | +0.0100% | 4h | 1.9382 | +0.009% | $35K | $390 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9360 | −0.103% | $8K | — | 10x | as long as short |
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Bybit DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythosShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DEXEUSD | +0.0206% | 1h | 1.9390 | +0.052% | $41K | $45K | 20x | as long as short |
| BloFin DEXE-USDTlong | +0.0340% | 4h | 1.9380 | long leg | $397K | $37K | 20x |
Kraken Futures PF_DEXEUSD