Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against BingX−0.230%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days+0.309%+$31 on $10k
+Price spread, last 4 days (all we have)+0.558%+$56 · spread now −0.230%, 7d avg −0.022%
=Funding pays, the price is against you. BloFin is 0.207% cheaper against BingX than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of −0.022%). If the spread goes back, that is −$21 on $10k: about 2.9 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CC-USDT | 0.1175 | 0.0100 | pay 0.0050% / 4h | 1h 31m | — | $6.6M | — |
| Short | BloFin CC-USDT | 0.1172 | 0.0340 | get 0.0170% / 4h | 1h 31m | $595K | $98K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: −0.230% → −0.022%
- −$20.74
- Slippage, 4 orders
- −$57.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.5
- Costs to cover
- 0.792%
- Break-even
- 13.9 days
Slippage from BingX: live order book, 6 min ago; BloFin: 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 BingX live order book, 6 min ago | 5.55 bp | 19.6 bp −$20 | 70.9 bp −$709 | 402.3 bp −$40.2K | 1182.0 bp −$591.0K |
| Sell BloFin live order book, 10 min ago | 3.42 bp | 18.1 bp −$18 | 50.3 bp −$503 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.4093% | 1h | 0.1180 | +0.408% | $402 | $3K | 5.5x | as long as short |
| MEXC CC_USDT | −0.0178% | 4h | 0.1174 | −0.068% | $1.7M | $322K | 100x | as long as short |
| Bybit CCUSDT | −0.0174% | 4h | 0.1174 | −0.060% | $10.7M | $3.9M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0096% | 8h | 0.1173 | −0.214% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1175 | −0.028% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1175 | −0.034% | $11.1M | $12.2M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1175 | 0.000% | $2.6M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1174 | −0.094% | $364K | $218K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1175 | −0.017% | $484K | $122K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1175 | −0.026% | $918K | $793K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDTlong | +0.0100% | 4h | 0.1175 | long leg | — | $6.6M | — | |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1172 | −0.264% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1171 | −0.390% | $596K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1174 | −0.125% | $88K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1173 | −0.170% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1172 | −0.230% | $595K | $98K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1175 | −0.011% | $44K | — | 50x | as long as short |
| Hyperliquid CC | +0.0471% | 1h | 0.1177 | +0.170% | $5.5M | $1.4M | 3x | as long as short |
| Lighter CC | +0.0976% | 1h | 0.1179 | +0.349% | $239K | $155K | 5x | as long as short |
BingX CC-USDT
BloFin CC-USDT
Injective CC/USDC PERP
MEXC CC_USDT
Bybit CCUSDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC