BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: BingX against BloFin−0.102%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$990.985% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.102%, 7d avg −0.073%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.029% cheaper against BloFin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BASED-USDT	0.06882	0.0099	pay 0.0050% / 4h	2h 18m	$262K	$50K	25x
Short	BingX BASED-USDT	0.06875	0.0100	get 0.0050% / 4h	2h 18m	—	$1.7M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now −0.102%Rate

Funding earned: $0.14
Price spread: −0.102% → −0.073%: −$2.86
Slippage, 4 orders: −$76.5
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$101.22
Costs to cover: 0.985%
Break-even: 5204.2 days

Slippage from BloFin: live order book, 63 min ago; BingX: live order book, 13 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, 63 min ago	2.19 bp	17.3 bp −$17	67.1 bp −$671	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	5.88 bp	34.4 bp −$34	92.2 bp −$922	doesn't fit	doesn't fit

BASED on 15 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
BloFin BASED-USDTlong	+0.0099%	4h	0.06882	long leg	$262K	$50K	25x
Binance BASEDUSDT	+0.0100%	4h	0.06882	0.000%	$4.3M	$3.2M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06871	−0.160%	$2.1M	$699K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06876	−0.087%	$2.7M	$3.9M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06867	−0.218%	$540K	$601K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06885	+0.044%	$4.9M	$534K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06852	−0.436%	$584K	$73K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06873	−0.131%	$1.3M	$384K	25x	as long as short
BingX BASED-USDTshort	+0.0100%	4h	0.06875	−0.102%	—	$1.7M	—
Variational Omni BASED	+0.0100%	4h	0.06846	−0.519%	$94K	$10K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06816	−0.956%	$92K	$373K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06862	−0.291%	$1K	$923K	20x	as long as short
Aster BASEDUSDT	+0.0102%	4h	0.06874	−0.119%	$29K	$6K	5x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06885	+0.046%	$2K	$231K	5x	as long as short
Orderly PERP_BASED_USDC	+0.0298%	4h	0.06871	−0.160%	$3K	$664	10x	as long as short