Funding you earn now, next payment 04:00 UTC−0.1452%/8h= −159.0% APRnext payment −$7.26 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BingX−0.115%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1551.554% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.177%+$18 · spread now −0.115%, 7d avg +0.002%
=Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and Binance is 0.117% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BB-USDT | 0.009199 | 0.1552 | pay 0.0776% / 4h | 3h 14m | — | $1.3M | — |
| Short | Binance BBUSDT | 0.009188 | 0.0100 | get 0.0050% / 4h | 3h 14m | $3.3M | $6.8M | 50x |
BingX BB-USDT
Binance BBUSDTFunding 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
- −$304.92
- Price spread: −0.115% → +0.002%
- −$11.66
- Slippage, 4 orders
- −$135.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$471.97
- Costs to cover
- 1.554%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 9 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, 2 min ago | 7.05 bp | 45.0 bp −$45 | 157.1 bp −$1,571 | 612.4 bp −$61.2K | 988.3 bp −$494.2K |
| Sell Binance live order book, 9 min ago | 3.26 bp | 33.9 bp −$34 | 158.7 bp −$1,587 | doesn't fit | doesn't fit |
BB on 9 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 BBUSDT | +0.0100% | 4h | 0.009200 | +0.008% | $13K | $13K | 5x | as long as short |
| Binance BBUSDTshort | +0.0100% | 4h | 0.009188 | −0.115% | $3.3M | $6.8M | 50x | |
| Gate BB_USDT | +0.0100% | 4h | 0.009200 | +0.011% | $136K | $209K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009194 | −0.054% | $1.5M | $587K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009210 | +0.120% | $459K | $86K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009200 | +0.011% | $332K | $469K | 50x | as long as short |
| Kraken Futures PF_BBUSD | +0.0701% | 1h | 0.009225 | +0.285% | $22K | $2K | 10x | as long as short |
| BingX BB-USDTlong | +0.1552% | 4h | 0.009199 | long leg | — | $1.3M | — | |
| Bybit BBUSDT | +0.1849% | 4h | 0.009202 | +0.033% | $731K | $777K | 25x | as long as short |
Aster BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
Kraken Futures PF_BBUSD
Bybit BBUSDT