Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.157%
Price spread now: BingX against Binance+0.029%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs+$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days+1.131%+$113 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.029%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.023% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VTHOUSDT | 0.0006895 | −0.1316 | get 0.0658% / 4h | 1h 16m | $5.0M | $11.4M | 50x |
| Short | BingX VTHO-USDT | 0.0006897 | −0.1236 | pay 0.0618% / 4h | 1h 16m | — | $1.4M | — |
Binance VTHOUSDT
BingX VTHO-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
- $16.84
- Price spread: +0.029% → +0.006%
- $2.33
- Slippage, 4 orders
- −$48.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$49.41
- Costs to cover
- 0.686%
- Break-even
- 27.5 days
Slippage from Binance: live order book, 9 min ago; BingX: live order book, 5 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, 9 min ago | 0.72 bp | 17.6 bp −$18 | 70.9 bp −$709 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.90 bp | 17.8 bp −$18 | 57.1 bp −$571 | 515.1 bp −$51.5K | 897.3 bp −$448.7K |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VTHOUSDTlong | −0.1316% | 4h | 0.0006895 | long leg | $5.0M | $11.4M | 50x | |
| MEXC VTHO_USDT | −0.1310% | 4h | 0.0006893 | −0.029% | $1.7M | $185K | 20x | as long as short |
| BingX VTHO-USDTshort | −0.1236% | 4h | 0.0006897 | +0.029% | — | $1.4M | — | |
| Bitget VTHOUSDT | −0.1208% | 4h | 0.0006889 | −0.087% | $1.2M | $1.1M | 50x | as long as short |
| Gate VTHO_USDT | −0.1108% | 4h | 0.0006908 | +0.189% | $398K | $334K | 25x | as long as short |
MEXC VTHO_USDT
Bitget VTHOUSDT
Gate VTHO_USDT