Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.34 per $10,000 · paid last 24h +0.016%
Price spread now: Binance against BingX+0.120%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days+0.473%+$47 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.120%, 7d avg −0.004%
=The price spread pays, funding is against you. Binance is 0.124% dearer against BingX than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of −0.004%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.473%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07497 | −0.0608 | get 0.0304% / 4h | 3h 07m | — | $6.6M | — |
| Short | Binance LAUSDT | 0.07506 | −0.0676 | pay 0.0338% / 4h | 3h 07m | $4.7M | $9.5M | 25x |
BingX LA-USDT
Binance LAUSDTFunding 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
- −$14.27
- Price spread: +0.120% → −0.004%
- $12.38
- Slippage, 4 orders
- −$31.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$52.94
- Costs to cover
- 0.510%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Binance: live order book, 2 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 | 2.00 bp | 11.1 bp −$11 | 28.4 bp −$284 | 520.7 bp −$52.1K | 1081.2 bp −$540.6K |
| Sell Binance live order book, 2 min ago | 1.33 bp | 12.9 bp −$13 | 40.0 bp −$400 | doesn't fit | doesn't fit |
LA 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 LA_USDT | −0.1118% | 4h | 0.07508 | +0.147% | $242K | $828K | 50x | as long as short |
| Aster LAUSDT | −0.0774% | 4h | 0.07527 | +0.400% | $52K | $24K | 5x | as long as short |
| Binance LAUSDTshort | −0.0676% | 4h | 0.07506 | +0.120% | $4.7M | $9.5M | 25x | |
| KuCoin LAUSDTM | −0.0670% | 4h | 0.07508 | +0.147% | $1.0M | $82K | 30x | as long as short |
| BloFin LA-USDT | −0.0665% | 4h | 0.07521 | +0.320% | $249K | $20K | 25x | as long as short |
| MEXC LA_USDT | −0.0656% | 4h | 0.07505 | +0.107% | $397K | $140K | 50x | as long as short |
| Bitget LAUSDT | −0.0642% | 4h | 0.07490 | −0.093% | $2.1M | $534K | 25x | as long as short |
| BingX LA-USDTlong | −0.0608% | 4h | 0.07497 | long leg | — | $6.6M | — | |
| Bybit LAUSDT | −0.0328% | 4h | 0.07511 | +0.187% | $2.5M | $2.6M | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0149% | 4h | 0.07502 | +0.067% | $1.4M | $3.1M | 20x | as long as short |
Gate LA_USDT
Aster LAUSDT
KuCoin LAUSDTM
BloFin LA-USDT
MEXC LA_USDT
Bitget LAUSDT
Bybit LAUSDT
OKX LA-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07530 | +0.436% | $153K | $475K | 10x | as long as short |
GRVT LA_USDT_Perp