Funding you earn now, next payment 04:00 UTC+0.0664%/8h= +72.7% APRnext payment +$3.32 per $10,000 · paid last 24h +0.053%
Price spread now: BingX against Bitget+0.195%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1351.347% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.195%, 7d avg +0.066%
=Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.129% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.066%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.32 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 | Bitget ASRUSDT | 0.8720 | 0.0100 | pay 0.0050% / 4h | 30m 28s | $196K | $71K | 10x |
| Short | BingX ASR-USDT | 0.8737 | 0.0764 | get 0.0382% / 4h | 30m 28s | — | $1.2M | — |
Bitget ASRUSDT
BingX ASR-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
- $139.44
- Price spread: +0.195% → +0.066%
- $12.89
- Slippage, 4 orders
- −$112.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $17.59
- Costs to cover
- 1.347%
- Break-even
- 6.1 days
Slippage from Bitget: live order book, 19 min ago; BingX: live order book, 15 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, 19 min ago | 5.73 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 6.30 bp | 32.3 bp −$32 | 133.6 bp −$1,336 | 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 | 0.8740 | +0.229% | $29K | $7K | 20x | as long as short |
| KuCoin ASRUSDTM | +0.0100% | 4h | 0.8720 | 0.000% | $188K | $47K | 10x | as long as short |
| Bitget ASRUSDTlong | +0.0100% | 4h | 0.8720 | long leg | $196K | $71K | 10x | |
| Variational Omni ASR | +0.0100% | 4h | 0.8742 | +0.252% | $4K | $6K | — | as long as short |
| Bybit ASRUSDT | +0.0102% | 4h | 0.8733 | +0.149% | $136K | $76K | 25x | as long as short |
| BingX ASR-USDTshort | +0.0764% | 4h | 0.8737 | +0.195% | — | $1.2M | — | |
| MEXC ASR_USDT | +0.0818% | 4h | 0.8728 | +0.092% | $644K | $95K | 50x | as long as short |
| Binance ASRUSDT | +0.0825% | 4h | 0.8732 | +0.138% | $1.9M | $768K | 10x | as long as short |
Gate ASR_USDT
KuCoin ASRUSDTM
Variational Omni ASR
Bybit ASRUSDT
MEXC ASR_USDT
Binance ASRUSDT