Funding you earn now, next payment 08:00 UTC+0.0208%/8h= +22.8% APRnext payment +$1.04 per $10,000 · paid last 24h +0.035%
Price spread now: BingX against Binance−0.026%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$850.855% of the position
Funding, last 7 days+0.206%+$21 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.026%, 7d avg +0.028%
=Funding pays, the price is against you. BingX is 0.054% cheaper against Binance than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.028%). If the spread goes back, that is −$5 on $10k: about 21 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.206% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03842 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $2.4M | $3.9M | 50x |
| Short | BingX ID-USDT | 0.03841 | 0.0308 | get 0.0154% / 4h | 3h 53m | — | $2.3M | — |
Binance IDUSDT
BingX ID-USDTFunding 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
- $43.68
- Price spread: −0.026% → +0.028%
- −$5.43
- Slippage, 4 orders
- −$65.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$47.24
- Costs to cover
- 0.855%
- Break-even
- 14.6 days
Slippage from Binance: live order book, 13 min ago; BingX: live order book, 5 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, 13 min ago | 2.61 bp | 19.5 bp −$20 | 140.2 bp −$1,402 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 6.49 bp | 22.0 bp −$22 | 56.1 bp −$561 | 388.7 bp −$38.9K | 465.0 bp −$232.5K |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ID_USDT | −0.1180% | 4h | 0.03844 | +0.052% | $255K | $224K | 25x | as long as short |
| BloFin ID-USDT | +0.0084% | 4h | 0.03845 | +0.078% | $160K | $14K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03843 | +0.036% | $9K | $1K | 5x | as long as short |
| Binance IDUSDTlong | +0.0100% | 4h | 0.03842 | long leg | $2.4M | $3.9M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03842 | 0.000% | $1.5M | $1.2M | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03840 | −0.052% | $427K | $205K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03840 | −0.052% | $1.1M | $60K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03843 | +0.035% | $12K | $20K | — | as long as short |
| Bitget IDUSDT | +0.0274% | 4h | 0.03845 | +0.078% | $823K | $648K | 50x | as long as short |
| BingX ID-USDTshort | +0.0308% | 4h | 0.03841 | −0.026% | — | $2.3M | — |
Gate ID_USDT
BloFin ID-USDT
Aster IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0877% | 1h | 0.03840 | −0.060% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD