Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.017%
Price spread now: BingX against BloFin−0.167%96s7-day average +0.034% · 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—prices read too far apart to compare
costs, in and out, $10k−$1001.000% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 3 days (all we have)+0.138%+$14 · spread now −0.167%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.202% cheaper against BloFin than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.034%. The two prices were read 96 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 | BloFin PTB-USDT | 0.001255 | 0.0787 | pay 0.0394% / 4h | 21m 29s | $531K | $1.1M | 20x |
| Short | BingX PTB-USDT | 0.001253 | 0.0792 | get 0.0396% / 4h | 21m 29s | — | $2.5M | — |
BloFin PTB-USDT
BingX PTB-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
- $0.96
- Price spread: −0.167% → +0.034%
- −$20.16
- Slippage, 4 orders
- −$77.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$119.19
- Costs to cover
- 1.000%
- Break-even
- 879.7 days
Slippage from BloFin: live order book, 1 min ago; BingX: live order book, 13 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, 1 min ago | 1.20 bp | 19.2 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.04 bp | 24.9 bp −$25 | 126.9 bp −$1,269 | 881.6 bp −$88.2K | doesn't fit |
PTB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.001252 | −0.231% | $2.0M | $27.5M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001250 | −0.394% | $42K | $71K | — | as long as short |
| Aster PTBUSDT | +0.0697% | 4h | 0.001252 | −0.210% | $75K | $1.0M | 5x | as long as short |
| BloFin PTB-USDTlong | +0.0787% | 4h | 0.001255 | long leg | $531K | $1.1M | 20x | |
| BingX PTB-USDTshort | +0.0792% | 4h | 0.001253 | −0.167% | — | $2.5M | — | |
| Binance PTBUSDT | +0.0831% | 4h | 0.001252 | −0.218% | $9.3M | $184.5M | 20x | as long as short |
| Extended kPTB-USD | +0.0840% | 1h | 0.001252 | −0.257% | $4K | $45K | 5x | as long as short |
| MEXC PTB_USDT | +0.0842% | 4h | 0.001251 | −0.279% | $465K | $1.2M | 20x | as long as short |
| KuCoin PTBUSDTM | +0.0862% | 4h | 0.001252 | −0.255% | $2.0M | $8.7M | 20x | as long as short |
| Gate PTB_USDT | +0.1128% | 4h | 0.001250 | −0.383% | $2.1M | $7.6M | 25x | as long as short |
Bybit PTBUSDT
Variational Omni PTB
Aster PTBUSDT
Binance PTBUSDT
Extended kPTB-USD
MEXC PTB_USDT
KuCoin PTBUSDTM
Gate PTB_USDT