Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against BloFin−0.199%7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1101.103% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.199%, 7d avg −0.140%
=Funding pays, the price is against you. BingX is 0.058% cheaper against BloFin than usual: you would sell low and buy high (spread −0.199% now, against its 7-day average of −0.140%). If the spread goes back, that is −$6 on $10k: about 6.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about 10 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ATH-USDT | 0.005536 | 0.0072 | pay 0.0036% / 4h | 2h 58m | $161K | $70K | 75x |
| Short | BingX ATH-USDT | 0.005525 | 0.0100 | get 0.0050% / 4h | 2h 58m | — | $21.3M | — |
BloFin ATH-USDT
BingX ATH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $5.89
- Price spread: −0.199% → −0.140%
- −$5.84
- Slippage, 4 orders
- −$88.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$110.24
- Costs to cover
- 1.103%
- Break-even
- 138.0 days
Slippage from BloFin: live order book, 1 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 BloFin live order book, 1 min ago | 6.32 bp | 25.0 bp −$25 | 78.3 bp −$783 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.31 bp | 32.6 bp −$33 | 84.5 bp −$845 | 635.6 bp −$63.6K | 1011.7 bp −$505.9K |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.0872% | 1h | 0.005529 | −0.122% | $17K | $109K | 10x | as long as short |
| Variational Omni ATH | −0.0130% | 4h | 0.005529 | −0.127% | $186K | $93K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005539 | +0.052% | $11K | $59 | 5x | as long as short |
| BloFin ATH-USDTlong | +0.0072% | 4h | 0.005536 | long leg | $161K | $70K | 75x | |
| Aster ATHUSDT | +0.0100% | 4h | 0.005528 | −0.136% | $4K | $44K | 5x | as long as short |
| Binance ATHUSDT | +0.0100% | 4h | 0.005528 | −0.145% | $3.3M | $4.1M | 50x | as long as short |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005519 | −0.307% | $4.3M | $2.6M | 25x | as long as short |
| OKX ATH-USDT-SWAP | +0.0100% | 4h | 0.005513 | −0.415% | $709K | $1.3M | 20x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005523 | −0.235% | $789K | $560K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005529 | −0.126% | $8.9M | $569K | 50x | as long as short |
Kraken Futures PF_ATHUSD
Variational Omni ATH
dYdX ATH-USD
Aster ATHUSDT
Binance ATHUSDT
Bybit ATHUSDT
OKX ATH-USDT-SWAP
Gate ATH_USDT
MEXC ATH_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005524 | −0.217% | $552K | $78K | 30x | as long as short |
| Bitget ATHUSDT | +0.0100% | 4h | 0.005528 | −0.145% | $1.6M | $933K | 25x | as long as short |
| BingX ATH-USDTshort | +0.0100% | 4h | 0.005525 | −0.199% | — | $21.3M | — |
KuCoin ATHUSDTM
Bitget ATHUSDT