Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.014%
Price spread now: BingX against BloFin+0.458%66s7-day average +0.191% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1051.046% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.458%, 7d avg +0.191%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.266% dearer against BloFin than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.191%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEEP-USDT | 0.01967 | 0.0080 | pay 0.0080% / 8h | 4h 44m | $138K | $34K | 50x |
| Short | BingX DEEP-USDT | 0.01976 | 0.0100 | get 0.0050% / 4h | 44m 16s | — | $6.6M | — |
BloFin DEEP-USDT
BingX DEEP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $4.24
- Price spread: +0.458% → +0.191%
- $26.62
- Slippage, 4 orders
- −$82.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$73.69
- Costs to cover
- 1.046%
- Break-even
- 128.7 days
Slippage from BloFin: live order book, 52 min ago; BingX: live order book, 8 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 BloFin live order book, 52 min ago | 2.52 bp | 15.6 bp −$16 | 95.4 bp −$954 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 7.60 bp | 31.4 bp −$31 | 86.1 bp −$861 | 559.0 bp −$55.9K | 1026.9 bp −$513.5K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.4822% | 1h | 0.01968 | +0.051% | $80K | $13K | 20x | as long as short |
| BloFin DEEP-USDTlong | +0.0080% | 8h | 0.01967 | long leg | $138K | $34K | 50x | |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01980 | +0.661% | $2.1M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01973 | +0.305% | $4.2M | $2.7M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01973 | +0.305% | $304K | $96K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01980 | +0.661% | $1.1M | $461K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01978 | +0.559% | $1.8M | $92K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01979 | +0.610% | $815K | $596K | 50x | as long as short |
| BingX DEEP-USDTshort | +0.0100% | 4h | 0.01976 | +0.458% | — | $6.6M | — | |
| Variational Omni DEEP | +0.0100% | 8h | 0.01969 | +0.083% | $13K | $9K | — | as long as short |
Bluefin DEEP-PERP
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended DEEP-USD | +0.0104% | 1h | 0.01979 | +0.635% | $4K | $202K | 5x | as long as short |
| Kraken Futures PF_DEEPUSD | +3.2257% | 1h | 0.01975 | +0.382% | $7K | $7K | 10x | as long as short |
Extended DEEP-USD
Kraken Futures PF_DEEPUSD