Funding you earn now, next payment 08:00 UTC+0.0214%/8h= +23.4% APRnext payment +$1.07 per $10,000 · paid last 24h +0.033%
Price spread now: BingX against Bitget−0.142%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1451.446% of the position
Funding, last 7 days+0.295%+$29 on $10k
+Price spread, last 7 days+0.269%+$27 · spread now −0.142%, 7d avg +0.043%
=Funding pays, the price is against you. BingX is 0.185% cheaper against Bitget than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of +0.043%). If the spread goes back, that is −$18 on $10k: about 2.9 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget APRUSDT | 0.1483 | 0.0196 | pay 0.0098% / 4h | 2h 40m | $4.0M | $995K | 50x |
| Short | BingX APR-USDT | 0.1481 | 0.0410 | get 0.0205% / 4h | 2h 40m | — | $1.4M | — |
Bitget APRUSDT
BingX APR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $44.94
- Price spread: −0.142% → +0.043%
- −$18.47
- Slippage, 4 orders
- −$122.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$118.14
- Costs to cover
- 1.446%
- Break-even
- 25.4 days
Slippage from Bitget: live order book, 2 min ago; BingX: 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 Bitget live order book, 2 min ago | 8.07 bp | 30.9 bp −$31 | 353.2 bp −$3,532 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 10.10 bp | 41.9 bp −$42 | 140.5 bp −$1,405 | 274.6 bp −$27.5K | 1160.9 bp −$580.5K |
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 | 0.1482 | −0.080% | $6.7M | $5.1M | 50x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1482 | −0.074% | $371K | $174K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1484 | +0.067% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1493 | +0.668% | $19K | $44K | 20x | as long as short |
| BloFin APR-USDT | +0.0136% | 4h | 0.1486 | +0.196% | $290K | $111K | 50x | as long as short |
| Bitget APRUSDTlong | +0.0196% | 4h | 0.1483 | long leg | $4.0M | $995K | 50x | |
| Bybit APRUSDT | +0.0215% | 4h | 0.1482 | −0.074% | $1.4M | $631K | 20x | as long as short |
| BingX APR-USDTshort | +0.0410% | 4h | 0.1481 | −0.142% | — | $1.4M | — | |
| OKX APR-USDT-SWAP | +0.0444% | 4h | 0.1483 | −0.007% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0793% | 4h | 0.1480 | −0.241% | $72K | $80K | 5x | as long as short |
Binance APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Bybit APRUSDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTM | +0.0870% | 4h | 0.1483 | −0.007% | $2.4M | $343K | 50x | as long as short |
| Gate APR_USDT | +0.1032% | 4h | 0.1481 | −0.135% | $701K | $204K | 25x | as long as short |
KuCoin APRUSDTM
Gate APR_USDT