Funding you earn now, next payment 04:00 UTC+0.0125%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against BingX+0.068%96s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.475%+$47 on $10k
+Price spread, last 4 days (all we have)+0.515%+$51 · spread now +0.068%, 7d avg −0.030%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.098% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.030%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX LA-USDT | 0.07400 | −0.0550 | get 0.0275% / 4h | 1h 09m | — | $6.6M | — |
| Short | BloFin LA-USDT | 0.07405 | −0.0425 | pay 0.0213% / 4h | 1h 09m | $248K | $20K | 25x |
BingX LA-USDT
BloFin LA-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.18
- Price spread: +0.068% → −0.030%
- $9.8
- Slippage, 4 orders
- −$31.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.76
- Costs to cover
- 0.537%
- Break-even
- 11.7 days
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 29 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, 7 min ago | 2.02 bp | 12.6 bp −$13 | 22.0 bp −$220 | 690.7 bp −$69.1K | 1241.0 bp −$620.5K |
| Sell BloFin live order book, 29 min ago | 1.35 bp | 10.7 bp −$11 | 27.1 bp −$271 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.1054% | 4h | 0.07402 | +0.027% | $1.0M | $87K | 30x | as long as short |
| Gate LA_USDT | −0.0732% | 4h | 0.07402 | +0.027% | $238K | $841K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0558% | 4h | 0.07392 | −0.108% | $1.3M | $3.0M | 20x | as long as short |
| BingX LA-USDTlong | −0.0550% | 4h | 0.07400 | long leg | — | $6.6M | — | |
| Aster LAUSDT | −0.0511% | 4h | 0.07410 | +0.136% | $51K | $24K | 5x | as long as short |
| Bitget LAUSDT | −0.0444% | 4h | 0.07392 | −0.108% | $2.0M | $501K | 25x | as long as short |
| BloFin LA-USDTshort | −0.0425% | 4h | 0.07405 | +0.068% | $248K | $20K | 25x | |
| MEXC LA_USDT | −0.0374% | 4h | 0.07395 | −0.068% | $377K | $138K | 50x | as long as short |
| Binance LAUSDT | −0.0366% | 4h | 0.07396 | −0.054% | $4.7M | $9.8M | 25x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07402 | +0.027% | $2.3M | $2.6M | 25x | as long as short |
KuCoin LAUSDTM
Gate LA_USDT
OKX LA-USDT-SWAP
Aster LAUSDT
Bitget LAUSDT
MEXC LA_USDT
Binance LAUSDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07410 | +0.135% | $139K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp