Funding you earn now, next payment 04:00 UTC−0.0152%/8h= −16.7% APRnext payment −$0.76 per $10,000 · paid last 24h −0.038%
Price spread now: Binance against BingX−0.055%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$700.700% of the position
Funding, last 7 days−0.265%−$26 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.055%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.045% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MUBARAK-USDT | 0.04660 | 0.0351 | pay 0.0175% / 4h | 42m 51s | — | $3.2M | — |
| Short | Binance MUBARAKUSDT | 0.04657 | 0.0199 | get 0.0099% / 4h | 42m 51s | $17.5M | $93.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$31.94
- Price spread: −0.055% → −0.011%
- −$4.46
- Slippage, 4 orders
- −$49.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$106.37
- Costs to cover
- 0.700%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 15 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, 7 min ago | 5.36 bp | 19.4 bp −$19 | 51.5 bp −$515 | 351.8 bp −$35.2K | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.26 bp | 18.0 bp −$18 | 70.0 bp −$700 | doesn't fit | doesn't fit |
MUBARAK 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04654 | −0.135% | $2.9M | $58.9M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04635 | −0.530% | $12K | $55K | — | as long as short |
| Binance MUBARAKUSDTshort | +0.0199% | 4h | 0.04657 | −0.055% | $17.5M | $93.4M | 25x | |
| MEXC MUBARAK_USDT | +0.0202% | 4h | 0.04661 | +0.021% | $937K | $1.5M | 50x | as long as short |
| Bybit MUBARAKUSDT | +0.0209% | 4h | 0.04656 | −0.086% | $3.5M | $11.4M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0334% | 4h | 0.04660 | 0.000% | $1.7M | $1.2M | 30x | as long as short |
| Bitget MUBARAKUSDT | +0.0348% | 4h | 0.04658 | −0.043% | $3.0M | $7.6M | 25x | as long as short |
| BingX MUBARAK-USDTlong | +0.0351% | 4h | 0.04660 | long leg | — | $3.2M | — | |
| Aster MUBARAKUSDT | +0.0462% | 4h | 0.04654 | −0.132% | $16K | $464K | 5x | as long as short |
| Gate MUBARAK_USDT | +0.1348% | 4h | 0.04663 | +0.064% | $7.4M | $5.4M | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.4230% | 1h | 0.04670 | +0.223% | $59K | $438K | 10x | as long as short |
BingX MUBARAK-USDT
Binance MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTM
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
Gate MUBARAK_USDT
Kraken Futures PF_MUBARAKUSD