Settings8H · net · $10k
Funding arb · Price arb /

AT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0110%/8h= −12.0% APRnext payment $0.55 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.258%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1831.827% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.258%, 7d avg −0.018%
Together, before fees+0.158%+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.239% cheaper against BingX than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AT-USDT0.15520.0210pay 0.0105% / 4h1h 57m$6.5M
ShortBitget ATUSDT0.15480.0100get 0.0050% / 4h1h 57m$685K$144K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$23.1
Price spread: −0.258% → −0.018%
−$23.94
Slippage, 4 orders
−$160.74
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$229.77
Costs to cover
1.827%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago9.67 bp41.8 bp −$42160.9 bp −$1,6091000.4 bp −$100.0K1364.5 bp −$682.3K
Sell Bitget live order book, 23 min ago9.66 bp47.9 bp −$48255.0 bp −$2,550doesn't fitdoesn't fit

AT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin AT-USDT+0.0094%4h0.1551−0.064%$363K$7K50xas long as short
Aster ATUSDT+0.0100%4h0.1549−0.199%$31K$11K5xas long as short
Binance ATUSDT+0.0100%4h0.1550−0.129%$8.5M$3.2M50xas long as short
Bybit ATUSDT+0.0100%4h0.1552−0.006%$464K$793K25xas long as short
Gate AT_USDT+0.0100%4h0.1549−0.206%$152K$177K20xas long as short
MEXC AT_USDT+0.0100%4h0.1550−0.129%$194K$165K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.1549−0.193%$270K$117K50xas long as short
Bitget ATUSDTshort+0.0100%4h0.1548−0.258%$685K$144K50x
OKX AT-USDT-SWAP+0.0184%4h0.1553+0.064%$210K$470K20xas long as short
BingX AT-USDTlong+0.0210%4h0.1552long leg$6.5M