H

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.003%

Price spread now: BingX against BloFin−0.193%51s7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as 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−$1011.006% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.525%−$53 · spread now −0.193%, 7d avg −0.089%

Together, before fees−0.526%−$53 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.104% cheaper against BloFin than usual: you would sell low and buy high (spread −0.193% now, against its 7-day average of −0.089%). If the spread goes back, that is −$10 on $10k: about 7.4 days of funding at the current rate (+$1 a day). The two prices were read 51 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 H-USDT	0.06748	0.0053	pay 0.0026% / 4h	1h 54m	$580K	$99K	25x
Short	BingX H-USDT	0.06735	0.0100	get 0.0050% / 4h	1h 54m	—	$2.7M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now −0.193%Rate

Funding earned: $9.88
Price spread: −0.193% → −0.089%: −$10.41
Slippage, 4 orders: −$78.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$101.09
Costs to cover: 1.006%
Break-even: 78.6 days

Slippage from BloFin: live order book, 55 min ago; BingX: live order book, 9 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, 55 min ago	2.98 bp	28.8 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	2.99 bp	19.5 bp −$20	92.4 bp −$924	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−7.380%	$1K	$1	5.5x	as long as short
BloFin H-USDTlong	+0.0053%	4h	0.06748	long leg	$580K	$99K	25x
Aster HUSDT	+0.0100%	4h	0.06735	−0.200%	$106K	$56K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06734	−0.207%	$14.2M	$10.2M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06722	−0.385%	$7.3M	$5.1M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06739	−0.133%	$1.7M	$6.0M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06727	−0.311%	$2.8M	$1.6M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06739	−0.133%	$6.0M	$1.0M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06727	−0.311%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06736	−0.178%	$1.7M	$407K	4x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDTshort	+0.0100%	4h	0.06735	−0.193%	—	$2.7M	—
Variational Omni H	+0.0100%	4h	0.06726	−0.329%	$9K	$2K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06742	−0.089%	$1.1M	$411K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06732	−0.239%	$9K	$203K	5x	as long as short