Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h −0.017%
Price spread now: BloFin against BingX−0.006%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1951.953% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.114%−$11 · spread now −0.006%, 7d avg −0.075%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.069% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.075%. Mind the row above: over the last 7 days funding on this pair cost −0.097%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01637 | 0.0574 | pay 0.0287% / 4h | 2h 13m | — | $1.3M | — |
| Short | BloFin US-USDT | 0.01637 | 0.0634 | get 0.0317% / 4h | 2h 13m | $481K | $49K | 10x |
BingX US-USDT
BloFin US-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
- $12.67
- Price spread: −0.006% → −0.075%
- $6.85
- Slippage, 4 orders
- −$173.31
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$175.78
- Costs to cover
- 1.953%
- Break-even
- 104.1 days
Slippage from BingX: live order book, 2 min ago; BloFin: 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 BingX live order book, 2 min ago | 8.25 bp | 73.1 bp −$73 | 270.9 bp −$2,709 | 1278.2 bp −$127.8K | doesn't fit |
| Sell BloFin live order book, 13 min ago | 2.44 bp | 42.4 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01638 | +0.049% | $3.2M | $933K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01633 | −0.232% | $2.1M | $603K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01624 | −0.782% | $4.0M | $386K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01639 | +0.155% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0312% | 4h | 0.01636 | −0.049% | $4.3M | $263K | 10x | as long as short |
| Aster USUSDT | +0.0457% | 4h | 0.01634 | −0.142% | $12K | $54K | 5x | as long as short |
| BingX US-USDTlong | +0.0574% | 4h | 0.01637 | long leg | — | $1.3M | — | |
| Extended US-USD | +0.0584% | 1h | 0.01635 | −0.118% | $1K | $169K | 5x | as long as short |
| MEXC US_USDT | +0.0586% | 4h | 0.01636 | −0.067% | $5.5M | $115K | 100x | as long as short |
| Binance USUSDT | +0.0586% | 4h | 0.01636 | −0.061% | $9.1M | $3.2M | 10x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
Extended US-USD
MEXC US_USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDTshort | +0.0634% | 4h | 0.01637 | −0.006% | $481K | $49K | 10x |