Funding you earn now, next payment 20:00 UTC+0.0045%/8hnext payment +$0.23 per $10,000 · paid last 24h −0.023%
Price spread now: BingX against BloFin+0.231%111s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as 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−$500.504% of the position
Funding, last 7 days−0.461%−$46 on $10k
+Price spread, last 3 days (all we have)−0.312%−$31 · spread now +0.231%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.211% dearer against BloFin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.461%, so the current rate has only just turned in your favour. The two prices were read 111 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 | BloFin LA-USDT | 0.07353 | −0.0479 | get 0.0240% / 4h | 5m 24s | $255K | $18K | 25x |
| Short | BingX LA-USDT | 0.07370 | −0.0434 | pay 0.0217% / 4h | 5m 24s | — | $6.6M | — |
BloFin LA-USDT
BingX LA-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
- $9.49
- Price spread: +0.231% → +0.021%
- $21.06
- Slippage, 4 orders
- −$28.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$19.81
- Costs to cover
- 0.504%
- Break-even
- 21.6 days
Slippage from BloFin: live order book, 22 min ago; BingX: live order book, 6 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, 22 min ago | 0.68 bp | 13.0 bp −$13 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 2.04 bp | 11.7 bp −$12 | 24.5 bp −$245 | 671.1 bp −$67.1K | 1201.7 bp −$600.9K |
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 | −0.1306% | 4h | 0.07366 | +0.177% | $244K | $800K | 50x | as long as short |
| KuCoin LAUSDTM | −0.0560% | 4h | 0.07368 | +0.204% | $1.0M | $62K | 30x | as long as short |
| BloFin LA-USDTlong | −0.0479% | 4h | 0.07353 | long leg | $255K | $18K | 25x | |
| Aster LAUSDT | −0.0464% | 4h | 0.07363 | +0.136% | $52K | $7K | 5x | as long as short |
| BingX LA-USDTshort | −0.0434% | 4h | 0.07370 | +0.231% | — | $6.6M | — | |
| Bitget LAUSDT | −0.0422% | 4h | 0.07352 | −0.014% | $2.0M | $531K | 25x | as long as short |
| Binance LAUSDT | −0.0416% | 4h | 0.07363 | +0.141% | $4.7M | $8.3M | 25x | as long as short |
| MEXC LA_USDT | −0.0414% | 4h | 0.07365 | +0.163% | $365K | $137K | 50x | as long as short |
| OKX LA-USDT-SWAP | −0.0401% | 4h | 0.07361 | +0.109% | $1.3M | $2.7M | 20x | as long as short |
| Bybit LAUSDT | −0.0196% | 4h | 0.07366 | +0.177% | $2.3M | $2.3M | 25x | as long as short |
Gate LA_USDT
KuCoin LAUSDTM
Aster LAUSDT
Bitget LAUSDT
Binance LAUSDT
MEXC LA_USDT
OKX LA-USDT-SWAP
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 | 0.07351 | −0.024% | $142K | $479K | 10x | as long as short |
GRVT LA_USDT_Perp