Funding you earn now, next payment 05:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.036%
Price spread now: BingX against Extended+0.057%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$3133.125% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.057% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01631 | 0.0256 | pay 0.0032% / 1h | 2m 32s | $4K | $172K | 5x |
| Short | BingX US-USDT | 0.01632 | 0.0388 | get 0.0194% / 4h | 3h 02m | — | $1.3M | — |
Extended US-USD
BingX US-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- $27.72
- Price spread: +0.057% → 0.000%
- $5.67
- Slippage, 4 orders
- −$297.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$279.14
- Costs to cover
- 3.125%
- Break-even
- 77.5 days
Slippage from Extended: live order book, 21 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 Extended live order book, 21 min ago | 4.60 bp | 97.1 bp −$97 | 847.8 bp −$8,478 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 9.19 bp | 23.9 bp −$24 | 27.3 bp −$273 | 589.3 bp −$58.9K | 1249.3 bp −$624.7K |
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 | 0.01633 | +0.149% | $3.2M | $934K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01629 | −0.091% | $2.0M | $599K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01623 | −0.483% | $4.0M | $357K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01633 | +0.125% | $16K | $3K | — | as long as short |
| Aster USUSDT | +0.0205% | 4h | 0.01630 | −0.048% | $12K | $54K | 5x | as long as short |
| Extended US-USDlong | +0.0256% | 1h | 0.01631 | long leg | $4K | $172K | 5x | |
| MEXC US_USDT | +0.0258% | 4h | 0.01630 | −0.017% | $5.5M | $116K | 100x | as long as short |
| Binance USUSDT | +0.0264% | 4h | 0.01630 | −0.041% | $9.1M | $3.2M | 10x | as long as short |
| BloFin US-USDT | +0.0304% | 4h | 0.01630 | −0.041% | $479K | $49K | 10x | as long as short |
| Bitget USUSDT | +0.0382% | 4h | 0.01632 | +0.063% | $4.3M | $259K | 10x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
MEXC US_USDT
Binance USUSDT
BloFin US-USDT
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDTshort | +0.0388% | 4h | 0.01632 | +0.057% | — | $1.3M | — |