Funding you earn now, next payment 08:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.031%
Price spread now: BingX against BloFin+0.052%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.052%, 7d avg −0.007%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.060% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ID-USDT | 0.03812 | 0.0124 | pay 0.0062% / 4h | 3h 23m | $157K | $13K | 50x |
| Short | BingX ID-USDT | 0.03814 | 0.0200 | get 0.0100% / 4h | 3h 23m | — | $2.3M | — |
BloFin ID-USDT
BingX ID-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
- $15.98
- Price spread: +0.052% → −0.007%
- $5.96
- Slippage, 4 orders
- −$63.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.89
- Costs to cover
- 0.858%
- Break-even
- 35.0 days
Slippage from BloFin: live order book, 58 min ago; BingX: live order book, 10 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, 58 min ago | 3.92 bp | 21.2 bp −$21 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.23 bp | 19.6 bp −$20 | 58.7 bp −$587 | 361.2 bp −$36.1K | 444.8 bp −$222.4K |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | +0.0060% | 4h | 0.03816 | +0.105% | $254K | $226K | 25x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03813 | +0.022% | $9K | $1K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03813 | +0.026% | $2.4M | $3.7M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03814 | +0.052% | $1.5M | $1.1M | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03814 | +0.052% | $413K | $210K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03815 | +0.079% | $1.1M | $59K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03816 | +0.113% | $12K | $20K | — | as long as short |
| BloFin ID-USDTlong | +0.0124% | 4h | 0.03812 | long leg | $157K | $13K | 50x | |
| Bitget IDUSDT | +0.0152% | 4h | 0.03819 | +0.184% | $823K | $632K | 50x | as long as short |
| BingX ID-USDTshort | +0.0200% | 4h | 0.03814 | +0.052% | — | $2.3M | — |
Gate ID_USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0883% | 1h | 0.03814 | +0.042% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD