Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BingX−0.063%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.063%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.076% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FIL-USDC | 0.9789 | 0.0094 | pay 0.0094% / 8h | 2h 05m | — | $6.5M | — |
| Short | Binance FILUSDT | 0.9783 | 0.0088 | get 0.0088% / 8h | 2h 05m | $56.2M | $174.6M | 75x |
BingX FIL-USDC
Binance FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$1.34
- Price spread: −0.063% → +0.013%
- −$7.64
- Slippage, 4 orders
- −$14.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43.94
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Binance: 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, 14 min ago | 1.53 bp | 11.8 bp −$12 | 26.8 bp −$268 | 173.1 bp −$17.3K | 512.6 bp −$256.3K |
| Sell Binance live order book, 8 min ago | 0.51 bp | 8.6 bp −$9 | 16.1 bp −$161 | 58.1 bp −$5,809 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1380% | 1h | 0.9798 | +0.092% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0625% | 1h | 0.9797 | +0.078% | $1.4M | $2.2M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.684% | $315K | $1.9M | 50x | as long as short |
| Lighter FIL | −0.0312% | 1h | 0.9779 | −0.106% | $156K | $337K | 5x | as long as short |
| Bybit FILUSDT | −0.0033% | 8h | 0.9778 | −0.112% | $15.4M | $17.9M | 25x | as long as short |
| Bitget FILUSDT | −0.0029% | 8h | 0.9772 | −0.174% | $10.7M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9797 | +0.080% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9793 | +0.038% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0020% | 8h | 0.9775 | −0.143% | $18.0M | $95.3M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0023% | 8h | 0.9786 | −0.031% | $7.3M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Lighter FIL
Bybit FILUSDT
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.623% | $2K | $182K | 12x | as long as short |
| Variational Omni FIL | +0.0037% | 8h | 0.9797 | +0.084% | $435K | $276K | — | as long as short |
| MEXC FIL_USDC | +0.0085% | 8h | 0.9779 | −0.102% | $248K | $106K | 50x | as long as short |
| Binance FILUSDTshort | +0.0088% | 8h | 0.9783 | −0.063% | $56.2M | $174.6M | 75x | |
| Extended FIL-USD | +0.0088% | 1h | 0.9791 | +0.017% | $685K | $2.3M | 10x | as long as short |
| BingX FIL-USDClong | +0.0094% | 8h | 0.9789 | long leg | — | $6.5M | — | |
| Hyperliquid FIL | +0.0099% | 1h | 0.9788 | −0.014% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9790 | +0.010% | $484K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9794 | +0.051% | $7.8M | $16.4M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9798 | +0.094% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9798 | +0.088% | $287K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9800 | +0.112% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9798 | +0.097% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9790 | +0.010% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9792 | +0.031% | $477 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9795 | +0.061% | $620K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | +0.010% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0209% | 8h | 0.9810 | +0.215% | $2.6M | $645K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0613% / S −0.0742% | 1h | 0.9794 | +0.048% | $212K | — | 100x | as long as short |
Injective FIL/USDC PERP
Variational Omni FIL
MEXC FIL_USDC
Extended FIL-USD
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]