Funding you earn now, next payment 08:00 UTC−0.0107%/8h= −11.7% APRnext payment −$0.53 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against BingX−0.087%66s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.087%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.075% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BANK-USDT | 0.03467 | 0.0590 | pay 0.0295% / 4h | 1h 14m | — | $6.9M | — |
| Short | BloFin BANK-USDT | 0.03464 | 0.0483 | get 0.0242% / 4h | 1h 14m | $441K | $90K | 50x |
BingX BANK-USDT
BloFin BANK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$22.39
- Price spread: −0.087% → −0.011%
- −$7.51
- Slippage, 4 orders
- −$32.8
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$84.7
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 7 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, 9 min ago | 2.88 bp | 12.2 bp −$12 | 31.8 bp −$318 | 406.0 bp −$40.6K | doesn't fit |
| Sell BloFin live order book, 7 min ago | 2.88 bp | 18.3 bp −$18 | 33.9 bp −$339 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03460 | −0.199% | $55K | $95K | 5x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03457 | −0.288% | $1.2M | $192K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03464 | −0.087% | $40K | $230K | 20x | as long as short |
| Gate BANK_USDT | +0.0186% | 4h | 0.03461 | −0.173% | $723K | $1.3M | 10x | as long as short |
| Binance BANKUSDT | +0.0235% | 4h | 0.03460 | −0.199% | $7.6M | $31.4M | 50x | as long as short |
| MEXC BANK_USDT | +0.0242% | 4h | 0.03459 | −0.231% | $2.5M | $494K | 20x | as long as short |
| edgeX BANKUSDC | +0.0264% | 4h | 0.03464 | −0.090% | $1K | $247K | 5x | as long as short |
| Bybit BANKUSDT | +0.0327% | 4h | 0.03460 | −0.202% | $2.9M | $6.5M | 20x | as long as short |
| BloFin BANK-USDTshort | +0.0483% | 4h | 0.03464 | −0.087% | $441K | $90K | 50x | |
| Bitget BANKUSDT | +0.0568% | 4h | 0.03468 | +0.029% | $2.7M | $3.5M | 25x | as long as short |
Aster BANKUSDT
KuCoin BANKUSDTM
HTX BANK-USDT
Gate BANK_USDT
Binance BANKUSDT
MEXC BANK_USDT
edgeX BANKUSDC
Bybit BANKUSDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDTlong | +0.0590% | 4h | 0.03467 | long leg | — | $6.9M | — |