Funding you earn now, next payment 04:00 UTC−0.0209%/8h= −22.9% APRnext payment −$1.04 per $10,000 · paid last 24h −0.016%
Price spread now: BingX against Binance−0.041%7-day average +0.004% · 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−$58as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days−0.473%−$47 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.041%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BingX is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LAUSDT | 0.07392 | −0.0309 | get 0.0155% / 4h | 43m 35s | $4.6M | $9.8M | 25x |
| Short | BingX LA-USDT | 0.07389 | −0.0518 | pay 0.0259% / 4h | 43m 35s | — | $6.6M | — |
Binance LAUSDT
BingX LA-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
- −$43.86
- Price spread: −0.041% → +0.004%
- −$4.47
- Slippage, 4 orders
- −$33.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$102.07
- Costs to cover
- 0.537%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; BingX: live order book, 8 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, 11 min ago | 1.35 bp | 13.9 bp −$14 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.68 bp | 13.5 bp −$13 | 29.7 bp −$297 | 630.9 bp −$63.1K | 1167.1 bp −$583.5K |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LAUSDTM | −0.0924% | 4h | 0.07396 | +0.054% | $1.0M | $85K | 30x | as long as short |
| Gate LA_USDT | −0.0696% | 4h | 0.07398 | +0.081% | $234K | $824K | 50x | as long as short |
| BingX LA-USDTshort | −0.0518% | 4h | 0.07389 | −0.041% | — | $6.6M | — | |
| OKX LA-USDT-SWAP | −0.0511% | 4h | 0.07392 | 0.000% | $1.3M | $3.1M | 20x | as long as short |
| Bitget LAUSDT | −0.0466% | 4h | 0.07390 | −0.027% | $2.0M | $497K | 25x | as long as short |
| Aster LAUSDT | −0.0459% | 4h | 0.07397 | +0.073% | $51K | $24K | 5x | as long as short |
| BloFin LA-USDT | −0.0353% | 4h | 0.07391 | −0.014% | $247K | $20K | 25x | as long as short |
| Binance LAUSDTlong | −0.0309% | 4h | 0.07392 | long leg | $4.6M | $9.8M | 25x | |
| MEXC LA_USDT | −0.0308% | 4h | 0.07393 | +0.014% | $377K | $132K | 50x | as long as short |
| Bybit LAUSDT | −0.0016% | 4h | 0.07393 | +0.014% | $2.3M | $2.6M | 25x | as long as short |
KuCoin LAUSDTM
Gate LA_USDT
OKX LA-USDT-SWAP
Bitget LAUSDT
Aster LAUSDT
BloFin LA-USDT
MEXC LA_USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07380 | −0.163% | $139K | $468K | 10x | as long as short |
GRVT LA_USDT_Perp