Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against BingX+0.003%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.003%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.028% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BICO-USDT | 0.02228 | 0.0100 | pay 0.0100% / 8h | 6h 20m | — | $1.7M | — |
| Short | Binance BICOUSDT | 0.02228 | 0.0100 | get 0.0100% / 8h | 6h 20m | $3.9M | $8.2M | 20x |
BingX BICO-USDT
Binance BICOUSDTFunding 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
- $0
- Price spread: +0.003% → −0.025%
- $2.8
- Slippage, 4 orders
- −$52.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.05
- Costs to cover
- 0.728%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Binance: live order book, 12 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, 5 min ago | 2.24 bp | 11.7 bp −$12 | 42.3 bp −$423 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.25 bp | 15.8 bp −$16 | 93.1 bp −$931 | doesn't fit | doesn't fit |
BICO on 11 exchanges
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 BICOUSDT | +0.0100% | 8h | 0.02230 | +0.104% | $94K | $25K | 5x | as long as short |
| Binance BICOUSDTshort | +0.0100% | 8h | 0.02228 | +0.003% | $3.9M | $8.2M | 20x | |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02228 | −0.013% | $2.1M | $3.9M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02228 | 0.000% | $1.8M | $5.0M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02228 | 0.000% | $363K | $306K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02228 | 0.000% | $1.9M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02231 | +0.135% | $980K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02228 | 0.000% | $619K | $505K | 10x | as long as short |
| BingX BICO-USDTlong | +0.0100% | 8h | 0.02228 | long leg | — | $1.7M | — | |
| Variational Omni BICO | +0.0100% | 8h | 0.02229 | +0.036% | $13K | $13K | — | as long as short |
Aster BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICOShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.4322% | 1h | 0.02232 | +0.190% | $38K | $65K | 20x | as long as short |
Kraken Futures PF_BICOUSD