Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against Binance+0.142%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$970.968% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now +0.142%, 7d avg +0.023%
=The price spread pays, funding is against you. BingX is 0.119% dearer against Binance than usual: you sell high and buy low (spread +0.142% now, against its 7-day average of +0.023%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BULLAUSDT | 0.1059 | 0.2068 | pay 0.1034% / 4h | 3h 55m | $11.6M | $9.3M | 10x |
| Short | BingX BULLA-USDT | 0.1061 | 0.1996 | get 0.0998% / 4h | 3h 55m | — | $6.6M | — |
Binance BULLAUSDT
BingX BULLA-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
- −$15.22
- Price spread: +0.142% → +0.023%
- $11.9
- Slippage, 4 orders
- −$76.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$100.17
- Costs to cover
- 0.968%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BingX: live order book, 1 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, 14 min ago | 0.47 bp | 22.1 bp −$22 | 260.0 bp −$2,600 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 1.41 bp | 29.4 bp −$29 | 122.6 bp −$1,226 | 1032.6 bp −$103.3K | doesn't fit |
BULLA on 5 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 BULLAUSDT | +0.0777% | 4h | 0.1058 | −0.164% | $5.9M | $1.0M | 5x | as long as short |
| Gate BULLA_USDT | +0.1420% | 4h | 0.1065 | +0.508% | $1.3M | $271K | 10x | as long as short |
| BingX BULLA-USDTshort | +0.1996% | 4h | 0.1061 | +0.142% | — | $6.6M | — | |
| MEXC BULLA_USDT | +0.2068% | 4h | 0.1060 | +0.057% | $7.7M | $410K | 20x | as long as short |
| Binance BULLAUSDTlong | +0.2068% | 4h | 0.1059 | long leg | $11.6M | $9.3M | 10x |
Aster BULLAUSDT
Gate BULLA_USDT
MEXC BULLA_USDT