Funding you earn now, next payment 00:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.85 per $10,000 · paid last 24h −0.380%
Price spread now: Binance against BingX+0.073%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 6 days (all we have)−0.951%−$95 on $10k
+Price spread, last 6 days (all we have)−0.133%−$13 · spread now +0.073%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.145% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.072%. Mind the row above: over the last 6 days funding on this pair cost −0.951%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVC-USDT | 0.02733 | −0.0218 | get 0.0109% / 4h | 1h 31m | — | $2.4M | — |
| Short | Binance CVCUSDT | 0.02735 | −0.0048 | pay 0.0024% / 4h | 1h 31m | $2.9M | $5.7M | 50x |
Funding 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
- $35.66
- Price spread: +0.073% → −0.072%
- $14.53
- Slippage, 4 orders
- −$50.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.17
- Costs to cover
- 0.704%
- Break-even
- 11.0 days
Slippage from BingX: live order book, 3 min ago; Binance: live order book, 7 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, 3 min ago | 5.48 bp | 19.5 bp −$19 | 73.9 bp −$739 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.83 bp | 19.7 bp −$20 | 66.8 bp −$668 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0866% | 4h | 0.02734 | +0.037% | $211K | $311K | 25x | as long as short |
| Bitget CVCUSDT | −0.0220% | 4h | 0.02734 | +0.037% | $466K | $479K | 50x | as long as short |
| BingX CVC-USDTlong | −0.0218% | 4h | 0.02733 | long leg | — | $2.4M | — | |
| MEXC CVC_USDT | −0.0050% | 4h | 0.02734 | +0.037% | $652K | $123K | 20x | as long as short |
| Binance CVCUSDTshort | −0.0048% | 4h | 0.02735 | +0.073% | $2.9M | $5.7M | 50x | |
| Bybit CVCUSDT | +0.0100% | 1h | 0.02713 | −0.732% | $1.7M | $1.4M | 25x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02738 | +0.183% | $1.4M | $395K | 30x | as long as short |
| Variational Omni CVC | +0.0310% | 1h | 0.02717 | −0.579% | $1K | $370 | — | as long as short |
BingX CVC-USDT
Binance CVCUSDT
Gate CVC_USDT
Bitget CVCUSDT
MEXC CVC_USDT
Bybit CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC