Funding you earn now, next payment 12:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: BingX against Binance+0.028%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2292.291% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days+0.004%$0 · spread now +0.028%, 7d avg +0.098%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.071% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.098%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01542 | 0.0209 | pay 0.0105% / 4h | 3h 07m | $8.7M | $3.6M | 10x |
| Short | BingX US-USDT | 0.01543 | 0.0211 | get 0.0105% / 4h | 3h 07m | — | $1.3M | — |
Binance USUSDT
BingX US-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
- $0.34
- Price spread: +0.028% → +0.098%
- −$7.07
- Slippage, 4 orders
- −$209.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$235.82
- Costs to cover
- 2.291%
- Break-even
- 4859.3 days
Slippage from Binance: live order book, 1 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, 1 min ago | 1.29 bp | 72.7 bp −$73 | 358.9 bp −$3,589 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 10.03 bp | 54.3 bp −$54 | 143.2 bp −$1,432 | 776.6 bp −$77.7K | 1116.4 bp −$558.2K |
US 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 USUSDTM | −0.2358% | 4h | 0.01537 | −0.368% | $3.5M | $567K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01545 | +0.203% | $14K | $52K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01542 | −0.024% | $3.1M | $996K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01542 | −0.031% | $1.9M | $690K | 20x | as long as short |
| Bitget USUSDT | +0.0100% | 4h | 0.01546 | +0.229% | $4.1M | $292K | 10x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01549 | +0.413% | $16K | $4K | — | as long as short |
| Extended US-USD | +0.0208% | 1h | 0.01542 | −0.056% | $4K | $203K | 5x | as long as short |
| MEXC US_USDT | +0.0208% | 4h | 0.01542 | +0.002% | $5.2M | $121K | 100x | as long as short |
| Binance USUSDTlong | +0.0209% | 4h | 0.01542 | long leg | $8.7M | $3.6M | 10x | |
| BingX US-USDTshort | +0.0211% | 4h | 0.01543 | +0.028% | — | $1.3M | — |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Bitget USUSDT
Variational Omni US
Extended US-USD
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0217% | 4h | 0.01547 | +0.313% | $461K | $46K | 10x | as long as short |
BloFin US-USDT