Funding you earn now, next payment 12:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.33 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against BloFin−0.225%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−2.227%−$223 · spread now −0.225%, 7d avg −0.003%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.221% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EPIC-USDT | 0.6670 | 0.0136 | pay 0.0068% / 4h | 3h 30m | $347K | $97K | 20x |
| Short | BingX EPIC-USDT | 0.6655 | 0.0070 | get 0.0035% / 4h | 3h 30m | — | $2.5M | — |
BloFin EPIC-USDT
BingX EPIC-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
- −$13.84
- Price spread: −0.225% → −0.003%
- −$22.15
- Slippage, 4 orders
- −$84.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$142.01
- Costs to cover
- 1.060%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; BingX: live order book, 3 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, 44 min ago | 3.71 bp | 26.7 bp −$27 | 62.6 bp −$626 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.99 bp | 31.1 bp −$31 | 117.4 bp −$1,174 | 657.3 bp −$65.7K | 876.1 bp −$438.1K |
EPIC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX EPIC-USDTshort | +0.0070% | 4h | 0.6655 | −0.225% | — | $2.5M | — | |
| Binance EPICUSDT | +0.0100% | 4h | 0.6654 | −0.246% | $6.6M | $18.0M | 20x | as long as short |
| Bybit EPICUSDT | +0.0100% | 4h | 0.6664 | −0.090% | $1.4M | $4.2M | 25x | as long as short |
| Gate EPIC_USDT | +0.0100% | 4h | 0.6643 | −0.405% | $556K | $1.3M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6650 | −0.300% | $311K | $284K | 20x | as long as short |
| Bitget EPICUSDT | +0.0100% | 4h | 0.6661 | −0.135% | $5.8M | $2.6M | 10x | as long as short |
| BloFin EPIC-USDTlong | +0.0136% | 4h | 0.6670 | long leg | $347K | $97K | 20x |
Binance EPICUSDT
Bybit EPICUSDT
Gate EPIC_USDT
MEXC EPIC_USDT
Bitget EPICUSDT