Funding you earn now, next payment 05:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.006%
Price spread now: BingX against 01 Exchange−0.038%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.038% cheaper against 01 Exchange than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ETHUSD | 2,740.4 | 0.0048 | pay 0.0006% / 1h | 51m 40s | $187K | $817K | 50x |
| Short | BingX ETH-USDT | 2,739.4 | 0.0042 | get 0.0042% / 8h | 3h 51m | — | $1.15B | — |
01 Exchange ETHUSD
BingX ETH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against 01 Exchange. 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
- −$1.26
- Price spread: −0.038% → 0.000%
- −$3.8
- Slippage, 4 orders
- −$5.1
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.16
- Costs to cover
- 0.221%
- Break-even
- never at this rate
Slippage from 01 Exchange: live order book, 2 min ago; BingX: live order book, 3 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 01 Exchange live order book, 2 min ago | 0.18 bp | 5.7 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 0.04 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.3 bp −$527 | 5.8 bp −$2,900 |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,740.4 | +0.001% | $298K | $5.6M | 8.3x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,741.1 | +0.026% | $5K | $1K | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,740.1 | −0.009% | $12.0M | — | 200x | as long as short |
| Phoenix ETH | −0.0006% | 1h | 2,740.2 | −0.007% | $826K | $2.9M | 25x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,740.4 | 0.000% | $10.8M | $42.0M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,740.5 | +0.004% | $6.7M | $681.3M | 4.9x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0007% | 1h | 2,740.2 | −0.006% | $28.1M | — | 200x | as long as short |
| HTX ETH-USDT | +0.0020% | 8h | 2,738.8 | −0.057% | $1.06B | $1.20B | 200x | as long as short |
| Deribit ETH-PERPETUAL | +0.0024% | 1h | 2,740.7 | +0.012% | $259.5M | $199.8M | 50x | as long as short |
| Bullet ETH-USD | +0.0039% | 1h | 2,739.7 | −0.026% | $180K | $1.7M | 20x | as long as short |
Perpl ETH
Hotstuff ETH-PERP
GMX ETH/USD [ETH-USDC]
Phoenix ETH
dYdX ETH-USD
Kalshi KXETHPERP
gTrade (Gains Network) ETH/USD
HTX ETH-USDT
Deribit ETH-PERPETUAL
Bullet ETH-USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDTshort | +0.0042% | 8h | 2,739.4 | −0.038% | — | $1.15B | — | |
| Bybit ETHUSDT | +0.0046% | 8h | 2,738.7 | −0.061% | $2.37B | $4.37B | 150x | as long as short |
| 01 Exchange ETHUSDlong | +0.0048% | 1h | 2,740.4 | long leg | $187K | $817K | 50x | |
| KuCoin ETHUSDTM | +0.0069% | 8h | 2,739.9 | −0.017% | $380.3M | $574.4M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.0074% | 8h | 2,739.1 | −0.046% | $1.67B | $10.75B | 100x | as long as short |
| Phemex ETHUSDT | +0.0079% | 8h | 2,739.3 | −0.039% | $265.8M | $65.3M | 150x | as long as short |
| Aster ETHUSDT | +0.0091% | 8h | 2,739.9 | −0.020% | $251.3M | $842.9M | 200x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,740 | −0.016% | $113.1M | $430.6M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,740.8 | +0.015% | $23.5M | $103.7M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,741.2 | +0.029% | — | $31.0M | 500x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,736.9 | −0.129% | $4.9M | $155K | 20x | as long as short |
| Injective ETH/USDC PERP | +0.0096% | 1h | 2,738.7 | −0.062% | $118K | $22.5M | 52x | as long as short |
| MEXC ETH_USDT | +0.0098% | 8h | 2,739.8 | −0.021% | $1.56B | $2.54B | 500x | as long as short |
| Binance ETHUSDT | +0.0099% | 8h | 2,738.9 | −0.054% | $6.36B | $15.89B | 150x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,743.8 | +0.123% | $15.7M | $8.0M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,739.7 | −0.026% | $503K | $3.3M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,739.6 | −0.031% | $13.7M | $104.5M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,741.7 | +0.047% | $3.11B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,739.9 | −0.019% | $31.9M | $334.0M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,739.6 | −0.029% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,740.4 | +0.001% | $1.5M | $15.9M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,739.7 | −0.027% | $171.0M | $325.1M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,739.4 | −0.036% | $3.34B | $8.84B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,739.5 | −0.032% | $2.07B | $2.74B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,739.4 | −0.038% | $15.2M | $40.7M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,738.5 | −0.070% | $134.0M | $323.1M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,738.7 | −0.063% | $184.2M | $669.9M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,738.7 | −0.061% | $159.3M | $86.4M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,739.5 | −0.034% | $8.7M | $31.3M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,740.2 | −0.007% | $21.1M | $68.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,740.9 | +0.019% | — | $844K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,741.4 | +0.036% | $11.2M | $9.3M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,740.1 | −0.011% | $21K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,741.4 | +0.035% | $41.4M | $29.9M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,738.6 | −0.067% | $959K | $11.3M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,739.5 | −0.033% | $54.6M | $187.7M | 40x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,738.9 | −0.053% | $30.6M | $72.9M | 50x | as long as short |
| Aftermath Perps ETHUSD | +0.0106% | 1h | 2,739.1 | −0.048% | $30K | $20K | 20x | as long as short |
| RISEx ETH/USDC | +0.0107% | 1h | 2,740.6 | +0.006% | $5.7M | $11.7M | 25x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0120% | 1h | 2,740.5 | +0.002% | $51.3M | $4.28B | 50x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0153% | 1h | 2,740.1 | −0.010% | $83.8M | $315.6M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.0200% | 8h | 2,741.7 | +0.049% | $32.3M | $11.7M | 100x | as long as short |
| Reya ETHRUSDPERP | +0.0214% | 1h | 2,739.3 | −0.041% | $7.3M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0280% | 1h | 2,741.3 | +0.032% | $248K | $1.4M | 20x | as long as short |
| BloFin ETH-USDT | +0.0392% | 8h | 2,740.8 | +0.015% | $283.3M | $176.0M | 150x | as long as short |
Bybit ETHUSDT
KuCoin ETHUSDTM
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Aster ETHUSDT
Lighter ETH
Lighter RH ETH
Jupiter Perps ETH-PERP
Aevo ETH-PERP
Injective ETH/USDC PERP
MEXC ETH_USDT
Binance ETHUSDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Extended ETH-USD
Aftermath Perps ETHUSD
RISEx ETH/USDC
Coinbase International ETH-PERP-INTX
Kraken Futures PF_ETHUSD
Orderly PERP_ETH_USDC
Reya ETHRUSDPERP
Hibachi ETH/USDT-P
BloFin ETH-USDT