Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Binance+0.045%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.045%, 7d avg +0.053%
=The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PUNDIXUSDT | 0.1168 | 0.0100 | pay 0.0050% / 4h | 59m 42s | $1.3M | $1.7M | 50x |
| Short | BingX PUNDIX-USDT | 0.1169 | 0.0070 | get 0.0035% / 4h | 59m 42s | — | $1.2M | — |
Binance PUNDIXUSDT
BingX PUNDIX-USDTFunding 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
- −$6.3
- Price spread: +0.045% → +0.053%
- −$0.87
- Slippage, 4 orders
- −$107.43
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$134.6
- Costs to cover
- 1.274%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; BingX: live order book, 11 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, 4 min ago | 1.28 bp | 27.5 bp −$28 | 270.9 bp −$2,709 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 3.00 bp | 41.0 bp −$41 | 129.4 bp −$1,294 | 677.4 bp −$67.7K | 1202.9 bp −$601.4K |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDTshort | +0.0070% | 4h | 0.1169 | +0.045% | — | $1.2M | — | |
| Binance PUNDIXUSDTlong | +0.0100% | 4h | 0.1168 | long leg | $1.3M | $1.7M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1170 | +0.139% | $740K | $438K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1168 | −0.015% | $37K | $11K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1168 | +0.011% | $2.3M | $107K | 50x | as long as short |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1168 | +0.011% | $224K | $219K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1169 | +0.100% | $85 | $39K | — | as long as short |
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX