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+0.027%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now +0.027%, 7d avg +0.031%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALGO-USDT | 0.1108 | 0.0100 | pay 0.0100% / 8h | 4h 21m | — | $3.3M | — |
| Short | Binance ALGOUSDT | 0.1109 | 0.0100 | get 0.0100% / 8h | 4h 21m | $9.6M | $34.5M | 75x |
Funding 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: +0.027% → +0.031%
- −$0.36
- Slippage, 4 orders
- −$37.19
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.55
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Binance: 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 BingX live order book, 13 min ago | 4.09 bp | 15.1 bp −$15 | 35.8 bp −$358 | 269.7 bp −$27.0K | 690.4 bp −$345.2K |
| Sell Binance live order book, 5 min ago | 2.25 bp | 12.8 bp −$13 | 33.9 bp −$339 | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0020% | 1h | 0.1110 | +0.108% | $88K | $44K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1110 | +0.128% | $16K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +1.047% | $834 | $233K | 12x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0080% | 1h | 0.1116 | +0.722% | $88K | $290K | 50x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1110 | +0.171% | $3.6M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1109 | +0.089% | $44K | $38K | 5x | as long as short |
| Binance ALGOUSDTshort | +0.0100% | 8h | 0.1109 | +0.027% | $9.6M | $34.5M | 75x | |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1107 | −0.090% | $11.1M | $12.6M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1108 | −0.009% | $2.8M | $7.8M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1108 | −0.036% | $861K | $905K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1109 | +0.036% | $22.9M | $3.1M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1109 | +0.027% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1108 | −0.036% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDTlong | +0.0100% | 8h | 0.1108 | long leg | — | $3.3M | — | |
| Variational Omni ALGO | +0.0100% | 8h | 0.1109 | +0.022% | $61K | $12K | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1110 | +0.126% | $60K | $136K | 75x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1108 | +0.008% | $6K | $231K | 10x | as long as short |
| Phemex ALGOUSDT | +0.0113% | 8h | 0.1112 | +0.325% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1109 | +0.099% | $477K | $875K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0318% / S −0.0264% | 1h | 0.1110 | +0.112% | $6K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0378% | 1h | 0.1110 | +0.138% | $820K | $1.0M | 50x | as long as short |
| dYdX ALGO-USD | +0.0878% | 1h | 0.1109 | +0.040% | $160K | $4K | 5x | as long as short |
BingX ALGO-USDT
Binance ALGOUSDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Coinbase International ALGO-PERP-INTX
Hyperliquid ALGO
Aster ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
Variational Omni ALGO
HTX ALGO-USDT
Extended ALGO-USD
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD