Settings8H · net · $10k
Funding arb · Price arb /

H

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against BingX−0.233%7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$910.909% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.805%+$80 · spread now −0.233%, 7d avg +0.092%
Together, before fees+0.809%+$81 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.325% cheaper against BingX than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX H-USDT0.068600.0100pay 0.0050% / 4h3h 22m$2.7M
ShortBloFin H-USDT0.068440.0107get 0.0054% / 4h3h 22m$590K$111K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.53
Price spread: −0.233% → +0.092%
−$32.52
Slippage, 4 orders
−$68.89
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$121.88
Costs to cover
0.909%
Break-even
566.1 days
Slippage from BingX: live order book, 12 min ago; BloFin: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago2.19 bp15.5 bp −$1575.5 bp −$755708.5 bp −$70.8K1083.7 bp −$541.8K
Sell BloFin live order book, 9 min ago7.30 bp30.9 bp −$31doesn't fitdoesn't fitdoesn't fit

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective H/USDC PERP+0.0033%1h0.06250−8.892%$1K$15.5xas long as short
Aster HUSDT+0.0100%4h0.06844−0.240%$112K$54K5xas long as short
Binance HUSDT+0.0100%4h0.06844−0.240%$14.6M$11.2M10xas long as short
Bybit HUSDT+0.0100%4h0.06844−0.229%$7.6M$4.9M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.06850−0.146%$1.8M$6.3M10xas long as short
Gate H_USDT+0.0100%4h0.06839−0.306%$2.8M$1.8M10xas long as short
MEXC H_USDT+0.0100%4h0.06841−0.277%$6.1M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.06849−0.160%$1.6M$10.0M8xas long as short
Bitget HUSDT+0.0100%4h0.06837−0.335%$1.7M$451K4xas long as short
BingX H-USDTlong+0.0100%4h0.06860long leg$2.7M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni H+0.0100%4h0.06826−0.492%$8K$9Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06842−0.262%$1.1M$433K10xas long as short
Extended H-USD+0.0104%1h0.06848−0.177%$9K$108K5xas long as short
BloFin H-USDTshort+0.0107%4h0.06844−0.233%$590K$111K25x