Funding you earn now, next payment 08:00 UTC−0.0858%/8h= −94.0% APRnext payment −$4.29 per $10,000 · paid last 24h −0.090%
Price spread now: Bitget against BingX+0.011%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1461.462% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.011%, 7d avg −0.065%
=The price spread pays, funding is against you. Bitget is 0.077% dearer against BingX than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.065%): +$8 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.078% in total) that is about 6.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ASR-USDT | 0.8709 | 0.0958 | pay 0.0479% / 4h | 2h 40m | — | $1.2M | — |
| Short | Bitget ASRUSDT | 0.8710 | 0.0100 | get 0.0050% / 4h | 2h 40m | $196K | $72K | 10x |
BingX ASR-USDT
Bitget ASRUSDTFunding 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
- −$180.18
- Price spread: +0.011% → −0.065%
- $7.66
- Slippage, 4 orders
- −$124.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$318.69
- Costs to cover
- 1.462%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 64 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, 10 min ago | 5.12 bp | 31.1 bp −$31 | 248.0 bp −$2,480 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 64 min ago | 5.70 bp | 47.3 bp −$47 | 510.5 bp −$5,105 | doesn't fit | doesn't fit |
ASR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ASR_USDT | +0.0100% | 4h | 0.8730 | +0.241% | $29K | $7K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8690 | −0.218% | $188K | $46K | 10x | as long as short |
| Bitget ASRUSDTshort | +0.0100% | 4h | 0.8710 | +0.011% | $196K | $72K | 10x | |
| Variational Omni ASR | +0.0100% | 4h | 0.8741 | +0.363% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8712 | +0.034% | $135K | $79K | 25x | as long as short |
| BingX ASR-USDTlong | +0.0958% | 4h | 0.8709 | long leg | — | $1.2M | — | |
| MEXC ASR_USDT | +0.0990% | 4h | 0.8706 | −0.034% | $642K | $93K | 50x | as long as short |
| Binance ASRUSDT | +0.0991% | 4h | 0.8705 | −0.043% | $1.9M | $806K | 10x | as long as short |
Gate ASR_USDT
KuCoin ASRUSDTM
Variational Omni ASR
Bybit ASRUSDT
MEXC ASR_USDT
Binance ASRUSDT