Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against BingX−0.112%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now −0.112%, 7d avg −0.022%
=Funding pays, the price is against you. Binance is 0.089% cheaper against BingX than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.022%). If the spread goes back, that is −$9 on $10k: about 4.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BULLA-USDT | 0.1064 | 0.1692 | pay 0.0846% / 4h | 2h 12m | — | $6.6M | — |
| Short | Binance BULLAUSDT | 0.1063 | 0.1762 | get 0.0881% / 4h | 2h 12m | $11.6M | $9.2M | 10x |
BingX BULLA-USDT
Binance BULLAUSDTFunding 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
- $14.68
- Price spread: −0.112% → −0.022%
- −$8.93
- Slippage, 4 orders
- −$126.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$140.47
- Costs to cover
- 1.462%
- Break-even
- 74.0 days
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 13 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, 9 min ago | 1.88 bp | 35.3 bp −$35 | 220.6 bp −$2,206 | 1239.9 bp −$124.0K | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.94 bp | 31.3 bp −$31 | 217.7 bp −$2,177 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BULLA_USDT | +0.0100% | 4h | 0.1069 | +0.465% | $1.3M | $235K | 10x | as long as short |
| Aster BULLAUSDT | +0.0498% | 4h | 0.1062 | −0.254% | $5.9M | $1.0M | 5x | as long as short |
| BingX BULLA-USDTlong | +0.1692% | 4h | 0.1064 | long leg | — | $6.6M | — | |
| MEXC BULLA_USDT | +0.1762% | 4h | 0.1065 | +0.028% | $7.7M | $446K | 20x | as long as short |
| Binance BULLAUSDTshort | +0.1762% | 4h | 0.1063 | −0.112% | $11.6M | $9.2M | 10x |
Gate BULLA_USDT
Aster BULLAUSDT
MEXC BULLA_USDT