Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.182%
Price spread now: Bitget against BingX+0.019%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1971.972% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.019%, 7d avg −0.075%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.094% dearer against BingX than usual: you sell high and buy low: +$9 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 −0.337%, 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 ALCH-USDT | 0.05376 | 0.0070 | pay 0.0035% / 4h | 3h 20m | — | $6.7M | — |
| Short | Bitget ALCHUSDT | 0.05377 | 0.0100 | get 0.0050% / 4h | 3h 20m | $987K | $1.5M | 10x |
BingX ALCH-USDT
Bitget ALCHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $6.3
- Price spread: +0.019% → −0.075%
- $9.38
- Slippage, 4 orders
- −$175.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$181.53
- Costs to cover
- 1.972%
- Break-even
- 208.7 days
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 1 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 | 8.35 bp | 55.2 bp −$55 | 282.9 bp −$2,829 | 582.3 bp −$58.2K | 736.1 bp −$368.0K |
| Sell Bitget live order book, 1 min ago | 17.70 bp | 40.2 bp −$40 | 174.5 bp −$1,745 | doesn't fit | doesn't fit |
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ALCH-USDTlong | +0.0070% | 4h | 0.05376 | long leg | — | $6.7M | — | |
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05365 | −0.205% | $3.3M | $5.5M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05364 | −0.223% | $290K | $631K | 20x | as long as short |
| Bitget ALCHUSDTshort | +0.0100% | 4h | 0.05377 | +0.019% | $987K | $1.5M | 10x | |
| Variational Omni ALCH | +0.0100% | 4h | 0.05359 | −0.323% | $3K | $17K | — | as long as short |
| Aster ALCHUSDT | +0.1438% | 4h | 0.05380 | +0.067% | $13K | $77K | 5x | as long as short |
| Binance ALCHUSDT | +0.1676% | 4h | 0.05382 | +0.109% | $6.6M | $25.3M | 10x | as long as short |
| MEXC ALCH_USDT | +0.1682% | 4h | 0.05381 | +0.093% | $5.3M | $2.2M | 100x | as long as short |
| KuCoin ALCHUSDTM | +0.1718% | 4h | 0.05370 | −0.112% | $1.3M | $249K | 10x | as long as short |
| BloFin ALCH-USDT | +0.1729% | 4h | 0.05388 | +0.223% | $434K | $110K | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Variational Omni ALCH
Aster ALCHUSDT
Binance ALCHUSDT
MEXC ALCH_USDT
KuCoin ALCHUSDTM
BloFin ALCH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.1805% | 1h | 0.05377 | +0.022% | $9K | $30K | 10x | as long as short |
Kraken Futures PF_ALCHUSD