Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.018%
Price spread now: BingX against BloFin+0.211%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days−0.160%−$16 on $10k
+Price spread, last 3 days (all we have)−0.209%−$21 · spread now +0.211%, 7d avg −0.042%
=The price spread pays, funding is against you. BingX is 0.253% dearer against BloFin than usual: you sell high and buy low (spread +0.211% now, against its 7-day average of −0.042%): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 32 days. At the pace of the last 7 days (−0.160% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FIL-USDT | 0.9965 | 0.0126 | pay 0.0126% / 8h | 7h 04m | $2.7M | $608K | 75x |
| Short | BingX FIL-USDT | 0.9986 | 0.0100 | get 0.0100% / 8h | 7h 04m | — | $11.8M | — |
BloFin FIL-USDT
BingX FIL-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
- −$5.45
- Price spread: +0.211% → −0.042%
- $25.29
- Slippage, 4 orders
- −$17.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$19.96
- Costs to cover
- 0.398%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 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 BloFin live order book, 3 min ago | 2.00 bp | 13.9 bp −$14 | 15.5 bp −$155 | 38.4 bp −$3,836 | doesn't fit |
| Sell BingX live order book, 3 min ago | 1.00 bp | 7.6 bp −$8 | 9.9 bp −$99 | 24.7 bp −$2,468 | 50.1 bp −$25.1K |
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 | −0.0551% | 1h | 0.9979 | +0.140% | $172K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0328% | 1h | 0.9978 | +0.130% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9980 | +0.151% | $341K | $1.9M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0039% | 8h | 0.9985 | +0.201% | $18.4M | $98.3M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 0.9975 | +0.100% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9977 | +0.118% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9982 | +0.171% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0030% | 8h | 0.9989 | +0.243% | $57.9M | $178.9M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9971 | +0.062% | $698K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.104% | $2K | $240K | 12x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0069% | 8h | 0.9976 | +0.110% | $247K | $106K | 50x | as long as short |
| Bitget FILUSDT | +0.0079% | 8h | 0.9990 | +0.251% | $11.0M | $21.5M | 75x | as long as short |
| Gate FIL_USDT | +0.0090% | 8h | 0.9984 | +0.191% | $8.3M | $16.4M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9985 | +0.200% | $160K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9992 | +0.272% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9976 | +0.110% | $510K | $583K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9989 | +0.241% | $15.7M | $18.5M | 25x | as long as short |
| BingX FIL-USDTshort | +0.0100% | 8h | 0.9986 | +0.211% | — | $11.8M | — | |
| Variational Omni FIL | +0.0100% | 8h | 0.9955 | −0.104% | $448K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9983 | +0.183% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9966 | +0.011% | $297K | $823K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | +0.050% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9981 | +0.160% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | +0.050% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9970 | +0.050% | $493 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9983 | +0.181% | $630K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9970 | +0.050% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDTlong | +0.0126% | 8h | 0.9965 | long leg | $2.7M | $608K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0570% / S −0.0639% | 1h | 0.9976 | +0.115% | $198K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Variational Omni FIL
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
GMX FIL/USD [WBTC.b-USDC]