Funding you earn now, next payment 08:00 UTC+0.0422%/8h= +46.2% APRnext payment +$2.11 per $10,000 · paid last 24h +0.496%
Price spread now: BingX against Binance+0.079%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days+0.699%+$70 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.079%, 7d avg +0.051%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.028% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPUSDT | 0.09470 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $2.4M | $4.0M | 25x |
| Short | BingX ESP-USDT | 0.09478 | 0.0522 | get 0.0261% / 4h | 1h 32m | — | $1.7M | — |
Binance ESPUSDT
BingX ESP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- $88.62
- Price spread: +0.079% → +0.051%
- $2.82
- Slippage, 4 orders
- −$62.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $8.86
- Costs to cover
- 0.826%
- Break-even
- 6.3 days
Slippage from Binance: live order book, 4 min ago; BingX: live order book, 5 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 Binance live order book, 4 min ago | 0.53 bp | 22.4 bp −$22 | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.33 bp | 20.8 bp −$21 | 58.4 bp −$584 | 623.6 bp −$62.4K | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0056% | 4h | 0.09466 | −0.047% | $127K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09470 | 0.000% | $7K | $17K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09470 | long leg | $2.4M | $4.0M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09478 | +0.079% | $600K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09476 | +0.058% | $189K | $601K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09473 | +0.027% | $1.3M | $127K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09479 | +0.090% | $1.5M | $40K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09471 | +0.004% | $952K | $136K | 20x | as long as short |
| edgeX ESPUSDC | +0.0118% | 4h | 0.09472 | +0.015% | $29K | $267K | 10x | as long as short |
| BingX ESP-USDTshort | +0.0522% | 4h | 0.09478 | +0.079% | — | $1.7M | — |
BloFin ESP-USDT
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0645% | 4h | 0.09457 | −0.142% | $1.1M | $649K | 50x | as long as short |
Bybit ESPUSDT