Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.094%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$920.917% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.094%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01183 | 0.0100 | pay 0.0050% / 4h | 43m 34s | $2.9M | $6.5M | 50x |
| Short | BingX W-USDT | 0.01182 | 0.0100 | get 0.0050% / 4h | 43m 34s | — | $6.8M | — |
Binance WUSDT
BingX W-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
- Price spread: −0.094% → −0.045%
- −$4.92
- Slippage, 4 orders
- −$71.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$96.59
- Costs to cover
- 0.917%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 9 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, 10 min ago | 2.53 bp | 19.5 bp −$20 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.81 bp | 25.8 bp −$26 | 67.0 bp −$670 | 445.0 bp −$44.5K | 1040.7 bp −$520.4K |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01184 | +0.109% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.197% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01183 | −0.001% | $2.0M | $345K | 5x | as long as short |
| Binance WUSDTlong | +0.0100% | 4h | 0.01183 | long leg | $2.9M | $6.5M | 50x | |
| Bybit WUSDT | +0.0100% | 4h | 0.01182 | −0.128% | $4.1M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01183 | −0.009% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01179 | −0.314% | $446K | $229K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01184 | +0.109% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01183 | −0.001% | $381K | $212K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01184 | +0.084% | $1.3M | $582K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTshort | +0.0100% | 4h | 0.01182 | −0.094% | — | $6.8M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01179 | −0.345% | $71K | $41K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01180 | −0.296% | $128K | $410K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01184 | +0.108% | $59K | $231K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0360% | 1h | 0.01183 | −0.018% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0457% | 1h | 0.01187 | +0.303% | $44K | $44K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1684% | 1h | 0.01187 | +0.330% | $147K | $183K | 20x | as long as short |
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD