Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h −0.016%
Price spread now: BingX against Binance+0.133%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$550.553% of the position
Funding, last 7 days−0.473%−$47 on $10k
+Price spread, last 7 days−0.167%−$17 · spread now +0.133%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.130% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07439 | −0.0639 | get 0.0320% / 4h | 2h 21m | $4.7M | $9.8M | 25x |
| Short | BingX LA-USDT | 0.07449 | −0.0648 | pay 0.0324% / 4h | 2h 21m | — | $6.6M | — |
Binance LAUSDT
BingX LA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$1.86
- Price spread: +0.133% → +0.003%
- $12.98
- Slippage, 4 orders
- −$35.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.21
- Costs to cover
- 0.553%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 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 Binance live order book, 3 min ago | 0.67 bp | 13.0 bp −$13 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.69 bp | 11.6 bp −$12 | 21.8 bp −$218 | 412.0 bp −$41.2K | 1042.4 bp −$521.2K |
LA on 10 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 LA_USDT | −0.1478% | 4h | 0.07454 | +0.200% | $240K | $829K | 50x | as long as short |
| KuCoin LAUSDTM | −0.1174% | 4h | 0.07451 | +0.160% | $1.0M | $87K | 30x | as long as short |
| Aster LAUSDT | −0.0782% | 4h | 0.07451 | +0.163% | $51K | $24K | 5x | as long as short |
| OKX LA-USDT-SWAP | −0.0686% | 4h | 0.07440 | +0.012% | $1.3M | $3.1M | 20x | as long as short |
| Bitget LAUSDT | −0.0668% | 4h | 0.07463 | +0.321% | $2.1M | $524K | 25x | as long as short |
| BingX LA-USDTshort | −0.0648% | 4h | 0.07449 | +0.133% | — | $6.6M | — | |
| MEXC LA_USDT | −0.0640% | 4h | 0.07439 | −0.001% | $379K | $139K | 50x | as long as short |
| Binance LAUSDTlong | −0.0639% | 4h | 0.07439 | long leg | $4.7M | $9.8M | 25x | |
| Bybit LAUSDT | −0.0262% | 4h | 0.07444 | +0.066% | $2.4M | $2.7M | 25x | as long as short |
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07447 | +0.110% | $151K | $479K | 10x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
Aster LAUSDT
OKX LA-USDT-SWAP
Bitget LAUSDT
MEXC LA_USDT
Bybit LAUSDT
GRVT LA_USDT_Perp