Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX−0.041%96s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as 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−$830.826% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.041%, 7d avg −0.007%
=Funding pays, the price is against you. BloFin is 0.033% cheaper against BingX than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.007%). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$1 a day). 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 MASK-USDT | 0.4887 | 0.0100 | pay 0.0050% / 4h | 15m 40s | — | $2.3M | — |
| Short | BloFin MASK-USDT | 0.4885 | 0.0149 | get 0.0075% / 4h | 15m 40s | $127K | $15K | 50x |
BingX MASK-USDT
BloFin MASK-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
- $10.31
- Price spread: −0.041% → −0.007%
- −$3.35
- Slippage, 4 orders
- −$60.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$75.61
- Costs to cover
- 0.826%
- Break-even
- 58.3 days
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 46 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 | 7.19 bp | 25.4 bp −$25 | 61.2 bp −$612 | 434.0 bp −$43.4K | 489.1 bp −$244.6K |
| Sell BloFin live order book, 46 min ago | 5.16 bp | 15.7 bp −$16 | 43.0 bp −$430 | doesn't fit | doesn't fit |
MASK 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDT | +0.0100% | 4h | 0.4888 | +0.020% | $2.6M | $4.1M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4888 | +0.020% | $1.3M | $765K | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4885 | −0.041% | $522K | $860K | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4885 | −0.041% | $280K | $129K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4891 | +0.082% | $1.0M | $235K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4889 | +0.041% | $600K | $158K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4888 | +0.020% | $525K | $330K | 50x | as long as short |
| BingX MASK-USDTlong | +0.0100% | 4h | 0.4887 | long leg | — | $2.3M | — | |
| Variational Omni MASK | +0.0100% | 4h | 0.4884 | −0.056% | $23K | $31 | — | as long as short |
| BloFin MASK-USDTshort | +0.0149% | 4h | 0.4885 | −0.041% | $127K | $15K | 50x |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
Variational Omni MASK