Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against Binance−0.050%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 0.050% cheaper against Binance than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 1.0048 | 0.0075 | pay 0.0075% / 8h | 5h 11m | $58.6M | $179.7M | 75x |
| Short | BingX FIL-USDT | 1.0043 | 0.0100 | get 0.0100% / 8h | 5h 11m | — | $11.8M | — |
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
- $5.17
- Price spread: −0.050% → 0.000%
- −$4.98
- Slippage, 4 orders
- −$10.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$30.76
- Costs to cover
- 0.310%
- Break-even
- 48.6 days
Slippage from Binance: live order book, 2 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 Binance live order book, 2 min ago | 0.50 bp | 8.5 bp −$8 | 16.0 bp −$160 | 54.7 bp −$5,475 | doesn't fit |
| Sell BingX live order book, 6 min ago | 0.50 bp | 7.2 bp −$7 | 11.2 bp −$112 | 20.9 bp −$2,091 | 44.7 bp −$22.4K |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0743% | 1h | 1.0062 | +0.139% | $173K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0098 | +0.498% | $377K | $2.2M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0059 | +0.112% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0063% | 8h | 1.0048 | 0.000% | $19.0M | $102.0M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0016% | 8h | 1.0046 | −0.020% | $7.5M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0058 | +0.103% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0052 | +0.040% | $59K | $2K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.921% | $2K | $240K | 12x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 1.0043 | −0.054% | $712K | $3.3M | 10x | as long as short |
| Binance FILUSDTlong | +0.0075% | 8h | 1.0048 | long leg | $58.6M | $179.7M | 75x |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0091% | 8h | 1.0037 | −0.109% | $243K | $104K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0049 | +0.009% | $159K | $353K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0047 | −0.010% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0054 | +0.060% | $510K | $586K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0045 | −0.030% | $15.9M | $19.6M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0047 | −0.010% | $8.6M | $16.6M | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0045 | −0.030% | $11.3M | $20.2M | 75x | as long as short |
| BingX FIL-USDTshort | +0.0100% | 8h | 1.0043 | −0.050% | — | $11.8M | — | |
| Variational Omni FIL | +0.0100% | 8h | 1.0088 | +0.393% | $454K | $265K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0094 | +0.462% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 1.0101 | +0.525% | $300K | $905K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0100 | +0.518% | $30K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0066 | +0.176% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0050 | +0.020% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0052 | +0.040% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0048 | 0.000% | $633K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0040 | −0.080% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 1.0107 | +0.587% | $2.8M | $652K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0059 | +0.107% | $268K | — | 100x | as long as short |
Binance FILUSDT
BingX FIL-USDT
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
Injective FIL/USDC PERP
Extended FIL-USD
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
Bitget FILUSDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]