Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against Binance−0.120%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
Funding, last 7 days+0.547%+$55 on $10k
+Price spread, last 7 days+0.134%+$13 · spread now −0.120%, 7d avg +0.003%
=Funding pays, the price is against you. BingX is 0.124% cheaper against Binance than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.003%). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.547% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 1MBABYDOGEUSDT | 0.0000000004152 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $1.9M | $3.7M | 50x |
| Short | BingX 1000000BABYDOGE-USDT | 0.0000000004147 | 0.0200 | get 0.0100% / 4h | 2h 25m | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
BingX 1000000BABYDOGE-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
- $21
- Price spread: −0.120% → +0.003%
- −$12.36
- Slippage, 4 orders
- −$85.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$96.58
- Costs to cover
- 1.052%
- Break-even
- 39.2 days
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 3 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, 10 min ago | 3.58 bp | 16.3 bp −$16 | 73.0 bp −$730 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 7.21 bp | 34.6 bp −$35 | 190.1 bp −$1,901 | 575.2 bp −$57.5K | 833.5 bp −$416.8K |
BABYDOGE on 6 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 1MBABYDOGEUSDTlong | +0.0100% | 4h | 0.0000000004152 | long leg | $1.9M | $3.7M | 50x | |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004147 | −0.120% | $481K | $738K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDT | +0.0100% | 4h | 0.0000000004147 | −0.120% | $426K | $159K | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004146 | −0.145% | $294K | $94K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004146 | −0.145% | $1.3M | $574K | 50x | as long as short |
| BingX 1000000BABYDOGE-USDTshort | +0.0200% | 4h | 0.0000000004147 | −0.120% | — | $1.3M | — |
Bybit 1000000BABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT
KuCoin 1MBABYDOGEUSDTM
Bitget 1MBABYDOGEUSDT