Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX−0.072%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.072%, 7d avg −0.070%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01389 | 0.0100 | pay 0.0050% / 4h | 2h 52m | — | $1.2M | — |
| Short | Binance USUALUSDT | 0.01388 | 0.0100 | get 0.0050% / 4h | 2h 52m | $2.2M | $3.3M | 50x |
BingX USUAL-USDT
Binance USUALUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: −0.072% → −0.070%
- −$0.19
- Slippage, 4 orders
- −$95.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.12
- Costs to cover
- 1.159%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 13 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 | 7.24 bp | 20.1 bp −$20 | 104.4 bp −$1,044 | 549.0 bp −$54.9K | 806.9 bp −$403.5K |
| Sell Binance live order book, 13 min ago | 4.70 bp | 37.5 bp −$37 | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.3949% | 1h | 0.01365 | −1.763% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0085% | 1h | 0.01388 | −0.095% | $110K | $19K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01388 | −0.108% | $397K | $189K | 3x | as long as short |
| Binance USUALUSDTshort | +0.0100% | 4h | 0.01388 | −0.072% | $2.2M | $3.3M | 50x | |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01391 | +0.086% | $1.1M | $781K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01390 | +0.036% | $940K | $109K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01388 | −0.086% | $6.1M | $255K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01388 | −0.108% | $255K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01389 | −0.036% | $806K | $405K | 50x | as long as short |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01389 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01394 | +0.328% | $10K | $1K | — | as long as short |
Variational Omni USUAL