Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.867%+$87 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CC-USDT0.11750.0100pay 0.0050% / 4h1h 31m$6.6M
ShortBloFin CC-USDT0.11720.0340get 0.0170% / 4h1h 31m$595K$98K75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago5.55 bp19.6 bp −$2070.9 bp −$709402.3 bp −$40.2K1182.0 bp −$591.0K
Sell BloFin live order book, 10 min ago3.42 bp18.1 bp −$1850.3 bp −$503doesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.4093%1h0.1180+0.408%$402$3K5.5xas long as short
MEXC CC_USDT−0.0178%4h0.1174−0.068%$1.7M$322K100xas long as short
Bybit CCUSDT−0.0174%4h0.1174−0.060%$10.7M$3.9M25xas long as short
Paradex CC-USD-PERP+0.0096%8h0.1173−0.214%$1K5xas long as short
Aster CCUSDT+0.0100%4h0.1175−0.028%$35K$32K20xas long as short
Binance CCUSDT+0.0100%4h0.1175−0.034%$11.1M$12.2M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.11750.000%$2.6M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1174−0.094%$364K$218K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1175−0.017%$484K$122K50xas long as short
Bitget CCUSDT+0.0100%4h0.1175−0.026%$918K$793K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDTlong+0.0100%4h0.1175long leg$6.6M
Backpack CC_USDC_PERP+0.0100%1h0.1172−0.264%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1171−0.390%$596K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1174−0.125%$88K$2.4M10xas long as short
Derive CC-PERP+0.0100%1h0.1173−0.170%$6K$36K6.7xas long as short
BloFin CC-USDTshort+0.0340%4h0.1172−0.230%$595K$98K75x
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1175−0.011%$44K50xas long as short
Hyperliquid CC+0.0471%1h0.1177+0.170%$5.5M$1.4M3xas long as short
Lighter CC+0.0976%1h0.1179+0.349%$239K$155K5xas long as short