Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h −0.055%
Price spread now: BloFin against BingX−0.187%81s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as 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−$810.808% of the position
Funding, last 7 days−0.607%−$61 on $10k
+Price spread, last 3 days (all we have)+0.420%+$42 · spread now −0.187%, 7d avg +0.010%
=Funding pays, the price is against you. BloFin is 0.198% cheaper against BingX than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of +0.010%). If the spread goes back, that is −$20 on $10k: about 5.5 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.607%, so the current rate has only just turned in your favour. The two prices were read 81 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 EGLD-USDT | 4.2730 | 0.0100 | pay 0.0100% / 8h | 1h 07m | — | $2.9M | — |
| Short | BloFin EGLD-USDT | 4.2650 | 0.0220 | get 0.0220% / 8h | 1h 07m | $219K | $469K | 75x |
BingX EGLD-USDT
BloFin EGLD-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
- $25.2
- Price spread: −0.187% → +0.010%
- −$19.77
- Slippage, 4 orders
- −$58.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$75.36
- Costs to cover
- 0.808%
- Break-even
- 27.9 days
Slippage from BingX: live order book, 7 min ago; BloFin: 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 BingX live order book, 7 min ago | 4.68 bp | 18.2 bp −$18 | 46.8 bp −$468 | 269.3 bp −$26.9K | doesn't fit |
| Sell BloFin live order book, 8 min ago | 1.17 bp | 24.5 bp −$24 | 41.1 bp −$411 | 164.5 bp −$16.4K | doesn't fit |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.1498% | 1h | 4.2721 | −0.021% | $424K | $706K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.346% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.2647 | −0.194% | $4.5M | $26.6M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.2630 | −0.234% | $2.6M | $8.7M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.2710 | −0.047% | $594K | $5.0M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.2730 | 0.000% | $510K | $681K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2680 | −0.117% | $4.2M | $3.6M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.2740 | +0.023% | $2.5M | $1.3M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2660 | −0.164% | $2.2M | $4.2M | 75x | as long as short |
| BingX EGLD-USDTlong | +0.0100% | 8h | 4.2730 | long leg | — | $2.9M | — |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
OKX EGLD-USDT-SWAP
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni EGLD | +0.0100% | 8h | 4.2579 | −0.353% | $17K | $56K | — | as long as short |
| BloFin EGLD-USDTshort | +0.0220% | 8h | 4.2650 | −0.187% | $219K | $469K | 75x |
Variational Omni EGLD