Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.37 per $10,000 · paid last 24h −0.494%
Price spread now: BloFin against BingX+0.074%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$780.781% of the position
Funding, last 7 days−0.679%−$68 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.074%, 7d avg −0.012%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.086% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.679%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ESP-USDT | 0.09400 | 0.0036 | pay 0.0018% / 4h | 3h 28m | — | $1.7M | — |
| Short | BloFin ESP-USDT | 0.09407 | 0.0109 | get 0.0055% / 4h | 3h 28m | $124K | $33K | 25x |
BingX ESP-USDT
BloFin ESP-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
- $15.36
- Price spread: +0.074% → −0.012%
- $8.62
- Slippage, 4 orders
- −$56.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$54.14
- Costs to cover
- 0.781%
- Break-even
- 31.7 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 60 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, 4 min ago | 4.79 bp | 21.3 bp −$21 | 60.6 bp −$606 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 1.07 bp | 18.9 bp −$19 | 47.5 bp −$475 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDTlong | +0.0036% | 4h | 0.09400 | long leg | — | $1.7M | — | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09402 | +0.017% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09400 | +0.003% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09404 | +0.043% | $592K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09403 | +0.032% | $174K | $597K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09400 | 0.000% | $1.3M | $122K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09401 | +0.011% | $1.5M | $44K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09404 | +0.041% | $944K | $132K | 20x | as long as short |
| edgeX ESPUSDC | +0.0108% | 4h | 0.09398 | −0.018% | $29K | $268K | 10x | as long as short |
| BloFin ESP-USDTshort | +0.0109% | 4h | 0.09407 | +0.074% | $124K | $33K | 25x |
Aster ESPUSDT
Binance 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 | +0.0342% | 4h | 0.09391 | −0.096% | $1.1M | $611K | 50x | as long as short |
Bybit ESPUSDT