Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.019%
Price spread now: Binance against tradeXYZ+0.109%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.109%, 7d avg +0.067%
=Together, before fees−0.122%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% dearer against tradeXYZ than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 275.28 | 0.0050 | pay 0.0006% / 1h | 10m 08s | $5.9M | $2.6M | 10x |
| Short | Binance BEUSDT | 275.58 | 0.0053 | get 0.0053% / 8h | 4h 10m | $8.6M | $36.4M | 25x |
tradeXYZ xyz:BE
Binance BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- $0.58
- Price spread: +0.109% → +0.067%
- $4.17
- Slippage, 4 orders
- −$20.32
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43.57
- Costs to cover
- 0.483%
- Break-even
- 529.4 days
Slippage from tradeXYZ: live order book, 7 min ago; Binance: live order book, 2 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 tradeXYZ live order book, 7 min ago | 0.91 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.18 bp | 9.7 bp −$10 | 29.0 bp −$290 | 90.4 bp −$9,043 | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 275.32 | +0.015% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.20 | −0.029% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.35 | +0.025% | $1.7M | $2.5M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.20 | −0.030% | $6K | $162K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 275.56 | +0.102% | $1K | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.42 | +0.051% | $13K | $35K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.17 | −0.040% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.37 | +0.033% | $251K | $291K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0040% | 1h | 273.08 | −0.799% | $473K | $128K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.12 | −0.058% | $115K | $109K | 10x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
Arcus BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BE-USD-PERP | +0.0046% | 1h | 275.47 | +0.069% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 275.28 | long leg | $5.9M | $2.6M | 10x | |
| QFEX BE-USD | +0.0052% | 1h | 275.52 | +0.087% | $1.3M | $2.7M | 10x | as long as short |
| Binance BEUSDTshort | +0.0053% | 8h | 275.58 | +0.109% | $8.6M | $36.4M | 25x | |
| Extended BE-USD | +0.0056% | 1h | 275.49 | +0.077% | $49K | $260K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.37 | +0.033% | $372K | $20K | 20x | as long as short |
| Bybit BEUSDT | +0.0103% | 8h | 275.35 | +0.025% | $2.0M | $1.2M | 25x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.49 | +0.078% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0148% | 8h | 275.60 | +0.116% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0173% | 8h | 275.47 | +0.069% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0695% | 1h | 275.47 | +0.069% | $7K | $4K | 10x | as long as short |
Vest BE-USD-PERP
QFEX BE-USD
Extended BE-USD
KuCoin BEUSDTM
Bybit BEUSDT
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL