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: BingX against BloFin+0.047%96s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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)−0.280%−$28 · spread now +0.047%, 7d avg −0.010%
=The price spread pays, funding is against you. BingX is 0.057% dearer against BloFin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.010%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 7 days funding on this pair paid +0.607%, so the current rate has only just turned against you. 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 EGLD-USDT | 4.2690 | 0.0220 | pay 0.0220% / 8h | 1h 03m | $219K | $469K | 75x |
| Short | BingX EGLD-USDT | 4.2710 | 0.0100 | get 0.0100% / 8h | 1h 03m | — | $2.9M | — |
BloFin EGLD-USDT
BingX EGLD-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
- −$25.2
- Price spread: +0.047% → −0.010%
- $5.73
- Slippage, 4 orders
- −$58.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.26
- Costs to cover
- 0.808%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 12 min ago; BingX: live order book, 11 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, 12 min ago | 1.17 bp | 15.9 bp −$16 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.68 bp | 22.2 bp −$22 | 48.4 bp −$484 | 271.8 bp −$27.2K | 1009.2 bp −$504.6K |
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 | −0.1495% | 1h | 4.2796 | +0.249% | $425K | $706K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.266% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.2687 | −0.007% | $4.5M | $26.6M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.2670 | −0.047% | $2.6M | $8.7M | 75x | as long as short |
| OKX EGLD-USDT-SWAP | +0.0100% | 8h | 4.2720 | +0.070% | $596K | $5.0M | 20x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.2730 | +0.094% | $510K | $681K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2710 | +0.047% | $4.3M | $3.6M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.2770 | +0.187% | $2.5M | $1.3M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2680 | −0.023% | $2.2M | $4.2M | 75x | as long as short |
| BingX EGLD-USDTshort | +0.0100% | 8h | 4.2710 | +0.047% | — | $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 | 4.2699 | +0.022% | $17K | $56K | — | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.2690 | long leg | $219K | $469K | 75x |
Variational Omni EGLD