Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.2% APRnext payment −$0.21 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against BingX+0.438%51s7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as 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−$860.860% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.438%, 7d avg −0.012%
=The price spread pays, funding is against you. BloFin is 0.450% dearer against BingX than usual: you sell high and buy low (spread +0.438% now, against its 7-day average of −0.012%): +$45 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 51 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 | BingX DYDX-USDT | 0.1371 | 0.0100 | pay 0.0100% / 8h | 4h 20m | — | $3.0M | — |
| Short | BloFin DYDX-USDT | 0.1377 | 0.0079 | get 0.0079% / 8h | 4h 20m | $298K | $12K | 75x |
BingX DYDX-USDT
BloFin DYDX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.31
- Price spread: +0.438% → −0.012%
- $44.95
- Slippage, 4 orders
- −$64.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$45.37
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 1 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, 14 min ago | 10.98 bp | 25.1 bp −$25 | 60.3 bp −$603 | 435.2 bp −$43.5K | 614.5 bp −$307.2K |
| Sell BloFin live order book, 1 min ago | 10.90 bp | 16.9 bp −$17 | 44.1 bp −$441 | 251.2 bp −$25.1K | doesn't fit |
DYDX on 21 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 DYDX/USDC PERP | −0.0539% | 1h | 0.1376 | +0.365% | $6K | $52K | 12x | as long as short |
| BloFin DYDX-USDTshort | +0.0079% | 8h | 0.1377 | +0.438% | $298K | $12K | 75x | |
| Lighter DYDX | +0.0096% | 1h | 0.1371 | +0.007% | $61K | $49K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1373 | +0.109% | $2.1M | $722K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1370 | −0.108% | $5K | $11K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1371 | 0.000% | $5.3M | $8.3M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1368 | −0.219% | $4.6M | $2.5M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1370 | −0.073% | $2.1M | $3.3M | 20x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1369 | −0.109% | $387K | $476K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1370 | −0.073% | $2.9M | $810K | 125x | as long as short |
Injective DYDX/USDC PERP
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1371 | 0.000% | $2.3M | $3.7M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1370 | −0.073% | $1.4M | $1.1M | 10x | as long as short |
| BingX DYDX-USDTlong | +0.0100% | 8h | 0.1371 | long leg | — | $3.0M | — | |
| Extended DYDX-USD | +0.0104% | 1h | 0.1371 | −0.036% | $1K | $110K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1370 | −0.073% | $50K | — | 3x | as long as short |
| Arcus DYDX-USD | +0.0162% | 1h | 0.1373 | +0.146% | $53K | $20K | 5x | as long as short |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1370 | −0.044% | $929 | — | 100x | as long as short |
| Deribit DYDX_USDC-PERPETUAL | +0.0477% | 1h | 0.1376 | +0.365% | — | — | 25x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0553% | 1h | 0.1377 | +0.411% | $310K | $352K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0856% | 1h | 0.1380 | +0.656% | $17K | $37K | 50x | as long as short |
| dYdX DYDX-USD | +0.2866% | 1h | 0.1370 | −0.107% | $78K | $2K | 5x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
Extended DYDX-USD
Aevo DYDX-PERP
Arcus DYDX-USD
GMX DYDX/USD [WBTC.b-USDC]
Deribit DYDX_USDC-PERPETUAL
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD