Funding you earn now, next payment 06:00 UTC+0.0929%/8h= +101.8% APRnext payment +$1.16 per $10,000 · paid last 24h −0.086%
Price spread now: BingX against Binance+0.141%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs+$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$770.769% of the position
Funding, last 7 days+1.469%+$147 on $10k
+Price spread, last 7 days−0.288%−$29 · spread now +0.141%, 7d avg +0.098%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BingX is 0.043% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONEUSDT | 0.003985 | −0.1025 | get 0.0128% / 1h | 52m 51s | $13.7M | $330.7M | 50x |
| Short | BingX ONE-USDT | 0.003990 | −0.0096 | pay 0.0012% / 1h | 52m 51s | — | $5.5M | — |
Funding 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
- $195.15
- Price spread: +0.141% → +0.098%
- $4.28
- Slippage, 4 orders
- −$56.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $122.53
- Costs to cover
- 0.769%
- Break-even
- 2.6 days
Slippage from Binance: live order book, 6 min ago; BingX: 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 Binance live order book, 6 min ago | 0.75 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.02 bp | 18.0 bp −$18 | 57.6 bp −$576 | 469.1 bp −$46.9K | 1102.7 bp −$551.3K |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.4061% | 1h | 0.005240 | +31.506% | $6.3M | $234.0M | 10x | as long as short |
| Variational Omni ONE | −0.6513% | 1h | 0.004009 | +0.612% | $99K | $49K | — | as long as short |
| KuCoin ONEUSDTM | −0.2640% | 1h | 0.004128 | +3.596% | $3.8M | $12.2M | 30x | as long as short |
| BloFin ONE-USDT | −0.1985% | 1h | 0.003985 | +0.010% | $790K | $2.2M | 50x | as long as short |
| Bitget ONEUSDT | −0.1672% | 1h | 0.004013 | +0.720% | $1.9M | $31.1M | 20x | as long as short |
| Aster ONEUSDT | −0.1534% | 1h | 0.003977 | −0.198% | $2.1M | $5.8M | 5x | as long as short |
| MEXC ONE_USDT | −0.1064% | 1h | 0.003979 | −0.133% | $11.1M | $14.7M | 20x | as long as short |
| Binance ONEUSDTlong | −0.1025% | 1h | 0.003985 | long leg | $13.7M | $330.7M | 50x | |
| Gate ONE_USDT | −0.0504% | 8h | 0.003974 | −0.269% | $1.7M | $14.9M | 20x | as long as short |
| BingX ONE-USDTshort | −0.0096% | 1h | 0.003990 | +0.141% | — | $5.5M | — |
Binance ONEUSDT
BingX ONE-USDT
OKX ONE-USDT-SWAP
Variational Omni ONE
KuCoin ONEUSDTM
BloFin ONE-USDT
Bitget ONEUSDT
Aster ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT