Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.033%
Price spread now: Bitget against BingX+0.054%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1571.567% of the position
Funding, last 7 days−0.295%−$29 on $10k
+Price spread, last 7 days−0.136%−$14 · spread now +0.054%, 7d avg −0.041%
=The price spread pays, funding is against you. Bitget is 0.095% dearer against BingX than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.041%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−0.295% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APR-USDT | 0.1471 | 0.0382 | pay 0.0191% / 4h | 3h 33m | — | $1.4M | — |
| Short | Bitget APRUSDT | 0.1472 | 0.0320 | get 0.0160% / 4h | 3h 33m | $3.9M | $985K | 50x |
BingX APR-USDT
Bitget APRUSDTFunding 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
- −$13.02
- Price spread: +0.054% → −0.041%
- $9.5
- Slippage, 4 orders
- −$134.66
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$160.18
- Costs to cover
- 1.567%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Bitget: live order book, 4 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, 12 min ago | 10.14 bp | 37.9 bp −$38 | 136.9 bp −$1,369 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 9.81 bp | 35.5 bp −$36 | 245.8 bp −$2,458 | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1471 | +0.028% | $6.7M | $5.2M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1472 | +0.048% | $1.4M | $642K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1470 | −0.068% | $358K | $175K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1473 | +0.143% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1477 | +0.408% | $19K | $58K | 20x | as long as short |
| BloFin APR-USDT | +0.0158% | 4h | 0.1477 | +0.408% | $289K | $111K | 50x | as long as short |
| Gate APR_USDT | +0.0254% | 4h | 0.1471 | −0.027% | $694K | $192K | 25x | as long as short |
| Bitget APRUSDTshort | +0.0320% | 4h | 0.1472 | +0.054% | $3.9M | $985K | 50x | |
| OKX APR-USDT-SWAP | +0.0356% | 4h | 0.1472 | +0.068% | $1.3M | $2.5M | 20x | as long as short |
| BingX APR-USDTlong | +0.0382% | 4h | 0.1471 | long leg | — | $1.4M | — |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Gate APR_USDT
OKX APR-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0889% | 4h | 0.1470 | −0.034% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0952% | 4h | 0.1471 | −0.020% | $2.4M | $340K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM