Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against BloFin−0.042%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.042%, 7d avg +0.008%
=Funding pays, the price is against you. BingX is 0.050% cheaper against BloFin than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.008%). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.034% in total) that is about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MASK-USDT | 0.4790 | 0.0048 | pay 0.0024% / 4h | 2h 28m | $125K | $15K | 50x |
| Short | BingX MASK-USDT | 0.4788 | 0.0100 | get 0.0050% / 4h | 2h 28m | — | $2.3M | — |
BloFin MASK-USDT
BingX MASK-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.87
- Price spread: −0.042% → +0.008%
- −$4.97
- Slippage, 4 orders
- −$55.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$71.63
- Costs to cover
- 0.775%
- Break-even
- 53.1 days
Slippage from BloFin: live order book, 43 min ago; BingX: live order book, 4 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, 43 min ago | 6.22 bp | 15.6 bp −$16 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.26 bp | 23.6 bp −$24 | 62.2 bp −$622 | 390.6 bp −$39.1K | 448.0 bp −$224.0K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MASK-USDTlong | +0.0048% | 4h | 0.4790 | long leg | $125K | $15K | 50x | |
| Binance MASKUSDT | +0.0100% | 4h | 0.4791 | +0.023% | $2.5M | $4.4M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4790 | 0.000% | $1.3M | $845K | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4784 | −0.125% | $506K | $907K | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4796 | +0.125% | $277K | $219K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4785 | −0.104% | $1.0M | $239K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4794 | +0.084% | $589K | $160K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4790 | 0.000% | $519K | $354K | 50x | as long as short |
| BingX MASK-USDTshort | +0.0100% | 4h | 0.4788 | −0.042% | — | $2.3M | — | |
| Variational Omni MASK | +0.0100% | 4h | 0.4785 | −0.099% | $22K | $31 | — | as long as short |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
Variational Omni MASK