Funding you earn now, next payment 16:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against BloFin−0.295%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$800.802% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.295%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.304% cheaper against BloFin than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DYDX-USDT | 0.1356 | 0.0128 | pay 0.0128% / 8h | 5h 56m | $292K | $32K | 75x |
| Short | BingX DYDX-USDT | 0.1352 | 0.0100 | get 0.0100% / 8h | 5h 56m | — | $3.7M | — |
BloFin DYDX-USDT
BingX DYDX-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
- −$5.87
- Price spread: −0.295% → +0.009%
- −$30.43
- Slippage, 4 orders
- −$58.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.52
- Costs to cover
- 0.802%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 50 min ago; BingX: live order book, 6 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, 50 min ago | 11.11 bp | 22.1 bp −$22 | 44.5 bp −$445 | 319.3 bp −$31.9K | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.69 bp | 17.8 bp −$18 | 57.2 bp −$572 | 325.8 bp −$32.6K | 588.4 bp −$294.2K |
DYDX on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DYDX_USDC-PERPETUAL | 0.0000% | 1h | 0.1352 | −0.295% | — | — | 25x | as long as short |
| Lighter DYDX | +0.0096% | 1h | 0.1352 | −0.265% | $60K | $39K | 5x | as long as short |
| Hyperliquid DYDX | +0.0100% | 1h | 0.1354 | −0.133% | $2.0M | $705K | 5x | as long as short |
| Aster DYDXUSDT | +0.0100% | 8h | 0.1353 | −0.249% | $6K | $10K | 5x | as long as short |
| Binance DYDXUSDT | +0.0100% | 8h | 0.1352 | −0.295% | $5.2M | $7.6M | 75x | as long as short |
| Bybit DYDXUSDT | +0.0100% | 8h | 0.1351 | −0.391% | $4.7M | $2.6M | 75x | as long as short |
| OKX DYDX-USDT-SWAP | +0.0100% | 8h | 0.1351 | −0.376% | $2.1M | $2.6M | 20x | as long as short |
| Arcus DYDX-USD | +0.0100% | 1h | 0.1353 | −0.221% | $51K | $21K | 5x | as long as short |
| Gate DYDX_USDT | +0.0100% | 8h | 0.1353 | −0.251% | $362K | $421K | 75x | as long as short |
| MEXC DYDX_USDT | +0.0100% | 8h | 0.1352 | −0.295% | $3.0M | $717K | 125x | as long as short |
Deribit DYDX_USDC-PERPETUAL
Lighter DYDX
Hyperliquid DYDX
Aster DYDXUSDT
Binance DYDXUSDT
Bybit DYDXUSDT
OKX DYDX-USDT-SWAP
Arcus DYDX-USD
Gate DYDX_USDT
MEXC DYDX_USDTShow all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin DYDXUSDTM | +0.0100% | 8h | 0.1352 | −0.295% | $2.3M | $3.2M | 50x | as long as short |
| Bitget DYDXUSDT | +0.0100% | 8h | 0.1352 | −0.295% | $1.4M | $762K | 10x | as long as short |
| BingX DYDX-USDTshort | +0.0100% | 8h | 0.1352 | −0.295% | — | $3.7M | — | |
| Extended DYDX-USD | +0.0104% | 1h | 0.1352 | −0.326% | $1K | $394K | 10x | as long as short |
| Aevo DYDX-PERP | +0.0104% | 1h | 0.1352 | −0.316% | $49K | — | 3x | as long as short |
| BloFin DYDX-USDTlong | +0.0128% | 8h | 0.1356 | long leg | $292K | $32K | 75x | |
| GMX DYDX/USD [WBTC.b-USDC] | L +0.0187% / S −0.0526% | 1h | 0.1352 | −0.294% | $917 | — | 100x | as long as short |
| Kraken Futures PF_DYDXUSD | +0.0686% | 1h | 0.1354 | −0.146% | $307K | $290K | 20x | as long as short |
| Coinbase International DYDX-PERP-INTX | +0.0944% | 1h | 0.1360 | +0.295% | $16K | $25K | 50x | as long as short |
| dYdX DYDX-USD | +0.3966% | 1h | 0.1354 | −0.141% | $77K | $2K | 5x | as long as short |
| Injective DYDX/USDC PERP | +0.4938% | 1h | 0.1369 | +0.959% | $6K | $48K | 12x | as long as short |
KuCoin DYDXUSDTM
Bitget DYDXUSDT
Extended DYDX-USD
Aevo DYDX-PERP
GMX DYDX/USD [WBTC.b-USDC]
Kraken Futures PF_DYDXUSD
Coinbase International DYDX-PERP-INTX
dYdX DYDX-USD
Injective DYDX/USDC PERP