Funding you earn now, next payment 00:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against BingX+0.145%111s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as 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−$830.830% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 3 days (all we have)−0.220%−$22 · spread now +0.145%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.154% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 111 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 | BingX MASK-USDT | 0.4819 | 0.0100 | pay 0.0050% / 4h | 2h 03m | — | $2.3M | — |
| Short | BloFin MASK-USDT | 0.4826 | 0.0143 | get 0.0072% / 4h | 2h 03m | $128K | $19K | 50x |
BingX MASK-USDT
BloFin MASK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $9.08
- Price spread: +0.145% → −0.008%
- $15.37
- Slippage, 4 orders
- −$60.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$58.51
- Costs to cover
- 0.830%
- Break-even
- 52.1 days
Slippage from BingX: live order book, 15 min ago; BloFin: live order book, 10 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 BingX live order book, 15 min ago | 8.28 bp | 24.9 bp −$25 | 67.9 bp −$679 | 469.7 bp −$47.0K | 531.5 bp −$265.8K |
| Sell BloFin live order book, 10 min ago | 1.04 bp | 11.9 bp −$12 | 16.6 bp −$166 | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDT | +0.0100% | 4h | 0.4821 | +0.042% | $2.5M | $9.7M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4816 | −0.062% | $1.2M | $1.8M | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4813 | −0.125% | $498K | $3.0M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4824 | +0.104% | $271K | $657K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4817 | −0.042% | $1.0M | $326K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4827 | +0.166% | $596K | $227K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4823 | +0.083% | $504K | $1.2M | 50x | as long as short |
| BingX MASK-USDTlong | +0.0100% | 4h | 0.4819 | long leg | — | $2.3M | — | |
| Variational Omni MASK | +0.0100% | 4h | 0.4816 | −0.056% | $23K | $1 | — | as long as short |
| BloFin MASK-USDTshort | +0.0143% | 4h | 0.4826 | +0.145% | $128K | $19K | 50x |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
Variational Omni MASK