Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against Binance+0.057%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1401.396% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.057%, 7d avg +0.026%
=The price spread pays, funding is against you. BingX is 0.032% dearer against Binance than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.026%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BULLAUSDT | 0.1044 | 0.1082 | pay 0.0541% / 4h | 3h 27m | $11.6M | $10.0M | 10x |
| Short | BingX BULLA-USDT | 0.1044 | 0.1046 | get 0.0523% / 4h | 3h 27m | — | $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
- −$7.5
- Price spread: +0.057% → +0.026%
- $3.2
- Slippage, 4 orders
- −$119.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$143.9
- Costs to cover
- 1.396%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 10 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, 13 min ago | 0.96 bp | 33.6 bp −$34 | 279.5 bp −$2,795 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.36 bp | 50.6 bp −$51 | 157.7 bp −$1,577 | 858.3 bp −$85.8K | 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 | +0.0100% | 4h | 0.1042 | −0.154% | $5.8M | $1.1M | 5x | as long as short |
| Gate BULLA_USDT | +0.0100% | 4h | 0.1047 | +0.344% | $1.3M | $359K | 10x | as long as short |
| BingX BULLA-USDTshort | +0.1046% | 4h | 0.1044 | +0.057% | — | $6.6M | — | |
| Binance BULLAUSDTlong | +0.1082% | 4h | 0.1044 | long leg | $11.6M | $10.0M | 10x | |
| MEXC BULLA_USDT | +0.1084% | 4h | 0.1045 | +0.115% | $7.6M | $403K | 20x | as long as short |
Aster BULLAUSDT
Gate BULLA_USDT
MEXC BULLA_USDT