Settings8H · net · $10k
Funding arb · Price arb /

US

all US markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0258%/8hpaid last 24h +0.013%
Price spread now: BingX against Extended+0.088%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$311as in the Price arb table
costs, in and out, $10k−$3053.054% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.088%, 7d avg +0.146%
Together, before fees+0.067%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.058% cheaper against Extended than usual: you would sell low and buy high (spread +0.088% now, against its 7-day average of +0.146%). If the spread goes back, that is −$6 on $10k: about 18 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.082% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.082% in total (about 4.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended US-USD0.016600.0360pay 0.0045% / 1h5m 45s$4K$141K5x
ShortBingX US-USDT0.016620.0618get 0.0309% / 4h5m 45s$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$54.18
Price spread: +0.088% → +0.146%
−$5.84
Slippage, 4 orders
−$290.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$257.03
Costs to cover
3.054%
Break-even
40.2 days
Slippage from Extended: live order book, 24 min ago; BingX: live order book, 16 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 24 min ago5.12 bp117.3 bp −$117870.4 bp −$8,704doesn't fitdoesn't fit
Sell BingX live order book, 16 min ago6.61 bp35.9 bp −$3684.9 bp −$8491021.4 bp −$102.1Kdoesn't fit

US on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit USUSDT+0.0100%4h0.01662+0.100%$3.3M$797K20xas long as short
Gate US_USDT+0.0100%4h0.01659−0.093%$2.1M$546K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01659−0.069%$4.3M$268K20xas long as short
Variational Omni US+0.0100%4h0.01663+0.190%$16K$3Kas long as short
Aster USUSDT+0.0149%4h0.01662+0.089%$12K$55K5xas long as short
Binance USUSDT+0.0360%4h0.01661+0.016%$9.3M$3.0M10xas long as short
Extended US-USDlong+0.0360%1h0.01660long leg$4K$141K5x
MEXC US_USDT+0.0366%4h0.01661+0.016%$5.6M$117K100xas long as short
BloFin US-USDT+0.0383%4h0.01661+0.034%$490K$50K10xas long as short
BingX US-USDTshort+0.0618%4h0.01662+0.088%$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0652%4h0.01663+0.172%$4.4M$244K10xas long as short