Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.136%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.136%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.136% cheaper against BingX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AUCTION-USDT | 3.6810 | 0.0100 | pay 0.0050% / 4h | 2h 10m | — | $7.8M | — |
| Short | Bitget AUCTIONUSDT | 3.6760 | 0.0100 | get 0.0050% / 4h | 2h 10m | $376K | $145K | 25x |
BingX AUCTION-USDT
Bitget AUCTIONUSDTFunding 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
- $0
- Price spread: −0.136% → 0.000%
- −$13.56
- Slippage, 4 orders
- −$79.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.73
- Costs to cover
- 1.012%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Bitget: live order book, 50 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, 13 min ago | 4.06 bp | 22.5 bp −$22 | 63.1 bp −$631 | 436.6 bp −$43.7K | 590.1 bp −$295.0K |
| Sell Bitget live order book, 50 min ago | 4.09 bp | 25.2 bp −$25 | 134.6 bp −$1,346 | doesn't fit | doesn't fit |
AUCTION on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0333% | 1h | 3.6782 | −0.077% | $8K | $256 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6817 | +0.020% | $907 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6771 | −0.105% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6830 | +0.054% | $585K | $276K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6810 | 0.000% | $771K | $665K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6820 | +0.027% | $100K | $69K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6770 | −0.109% | $436K | $145K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6800 | −0.027% | $369K | $114K | 20x | as long as short |
| Bitget AUCTIONUSDTshort | +0.0100% | 4h | 3.6760 | −0.136% | $376K | $145K | 25x | |
| BingX AUCTION-USDTlong | +0.0100% | 4h | 3.6810 | long leg | — | $7.8M | — |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6819 | +0.023% | $171 | $38 | — | as long as short |
Variational Omni AUCTION