Funding you earn now, next payment 03:00 UTC−1.1788%/8h= −1290.8% APRpaid last 24h −2.218%
Price spread now: 01 Exchange against BingX−3.320%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$354 a day on $10k at the current rate, and 01 Exchange is 3.320% cheaper against BingX than usual: you would sell low and buy high (−$332 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX S-USDT | 0.04096 | 0.0100 | pay 0.0050% / 4h | 1h 09m | — | $6.8M | — |
| Short | 01 Exchange SUSD | 0.03960 | −1.1688 | pay 0.1461% / 1h | 9m 12s | $25K | $2K | 5x |
BingX S-USDT
01 Exchange SUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$2,475.48
- Price spread: −3.320% → 0.000%
- −$332.03
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$2,824.51
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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, 8 min ago | 4.86 bp | 22.4 bp −$22 | 60.5 bp −$605 | 461.3 bp −$46.1K | 753.9 bp −$377.0K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSDshort | −1.1688% | 1h | 0.03960 | −3.320% | $25K | $2K | 5x | |
| Kraken Futures PF_SUSD | −0.1679% | 1h | 0.04092 | −0.089% | $34K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | −1.807% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04100 | +0.107% | $1K | — | 100x | as long as short |
| Variational Omni S | −0.0108% | 4h | 0.04110 | +0.347% | $636K | $31K | — | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04096 | −0.007% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04101 | +0.121% | $2K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +0.098% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0068% | 4h | 0.04099 | +0.073% | $102K | $325K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04103 | +0.171% | $172K | $157K | 5x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Variational Omni S
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04101 | +0.127% | $1.0M | $556K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04100 | +0.089% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04098 | +0.049% | $5.7M | $13.8M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04097 | +0.024% | $5.9M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04098 | +0.049% | $1.1M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04097 | +0.024% | $337K | $201K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04097 | +0.024% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04101 | +0.122% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04101 | +0.122% | $1.2M | $2.1M | 50x | as long as short |
| BingX S-USDTlong | +0.0100% | 4h | 0.04096 | long leg | — | $6.8M | — | |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04120 | +0.586% | $25K | $451K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04097 | +0.023% | $231K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04098 | +0.049% | $281K | $104K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0726% | 1h | 0.04104 | +0.195% | $69K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1545% | 1h | 0.04110 | +0.342% | $121K | $374K | 5x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP