Funding you earn now, next payment 04:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.73 per $10,000 · paid last 24h +0.257%
Price spread now: BingX against Binance−0.218%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$670.668% of the position
Funding, last 6 days (all we have)+0.951%+$95 on $10k
+Price spread, last 6 days (all we have)+0.254%+$25 · spread now −0.218%, 7d avg +0.067%
=Funding pays, the price is against you. BingX is 0.285% cheaper against Binance than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of +0.067%). If the spread goes back, that is −$29 on $10k: about 6.5 days of funding at the current rate (+$4 a day). At the pace of the last 6 days (+0.951% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CVCUSDT | 0.02751 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $3.0M | $5.7M | 50x |
| Short | BingX CVC-USDT | 0.02745 | 0.0246 | get 0.0123% / 4h | 3h 06m | — | $2.4M | — |
Funding 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
- $30.66
- Price spread: −0.218% → +0.067%
- −$28.52
- Slippage, 4 orders
- −$46.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$64.65
- Costs to cover
- 0.668%
- Break-even
- 21.8 days
Slippage from Binance: live order book, 1 min ago; BingX: live order book, 12 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, 1 min ago | 1.82 bp | 19.0 bp −$19 | 84.2 bp −$842 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 3.67 bp | 14.9 bp −$15 | 51.1 bp −$511 | 733.2 bp −$73.3K | 1237.3 bp −$618.6K |
CVC on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDTlong | +0.0100% | 4h | 0.02751 | long leg | $3.0M | $5.7M | 50x | |
| Gate CVC_USDT | +0.0100% | 4h | 0.02752 | +0.037% | $212K | $323K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02751 | 0.000% | $657K | $124K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02755 | +0.146% | $1.4M | $424K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02752 | +0.037% | $454K | $473K | 50x | as long as short |
| BingX CVC-USDTshort | +0.0246% | 4h | 0.02745 | −0.218% | — | $2.4M | — | |
| Bybit CVCUSDT | +0.0615% | 1h | 0.02734 | −0.618% | $1.7M | $1.5M | 25x | as long as short |
| Variational Omni CVC | +0.0904% | 1h | 0.02730 | −0.761% | $1K | $370 | — | as long as short |
Binance CVCUSDT
BingX CVC-USDT
Gate CVC_USDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Bitget CVCUSDT
Bybit CVCUSDT
Variational Omni CVC