Funding you earn now, next payment 00:00 UTC−0.1064%/8h= −116.5% APRnext payment −$5.32 per $10,000 · paid last 24h −0.289%
Price spread now: BingX against Binance−0.015%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days−1.844%−$184 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.015%, 7d avg −0.060%
=The price spread pays, funding is against you. BingX is 0.045% dearer against Binance than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.060%): +$4 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1352 | 0.1144 | pay 0.0572% / 4h | 2h 20m | $54.3M | $163.9M | 25x |
| Short | BingX BR-USDT | 1.1350 | 0.0080 | get 0.0040% / 4h | 2h 20m | — | $6.3M | — |
Binance BRUSDT
BingX BR-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
- −$223.51
- Price spread: −0.015% → −0.060%
- $4.47
- Slippage, 4 orders
- −$41.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$280.98
- Costs to cover
- 0.619%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; BingX: 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 Binance live order book, 7 min ago | 0.66 bp | 17.4 bp −$17 | 77.9 bp −$779 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 1.92 bp | 18.3 bp −$18 | 61.0 bp −$610 | 373.6 bp −$37.4K | 993.5 bp −$496.8K |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTshort | +0.0080% | 4h | 1.1350 | −0.015% | — | $6.3M | — | |
| Variational Omni BR | +0.0100% | 4h | 1.1382 | +0.270% | $275K | $327K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1353 | +0.008% | — | $681K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1382 | +0.267% | $87K | $238K | 20x | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1339 | −0.113% | $11.1M | $25.8M | 5x | as long as short |
| KuCoin BRUSDTM | +0.0418% | 4h | 1.1337 | −0.129% | $5.0M | $5.5M | 30x | as long as short |
| Gate BR_USDT | +0.0542% | 4h | 1.1355 | +0.030% | $7.5M | $8.5M | 20x | as long as short |
| Aster BRUSDT | +0.0639% | 4h | 1.1350 | −0.015% | $708K | $2.6M | 5x | as long as short |
| Bitget BRUSDT | +0.0824% | 4h | 1.1356 | +0.041% | $8.3M | $12.6M | 10x | as long as short |
| MEXC BR_USDT | +0.1144% | 4h | 1.1338 | −0.125% | $15.6M | $7.5M | 100x | as long as short |
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bybit BRUSDT
KuCoin BRUSDTM
Gate BR_USDT
Aster BRUSDT
Bitget BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.1144% | 4h | 1.1352 | long leg | $54.3M | $163.9M | 25x |