Funding you earn now, next payment 04:00 UTC−0.0216%/8h= −23.7% APRnext payment −$1.08 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against BingX−0.246%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.246%, 7d avg −0.125%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.121% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.125%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B2-USDT | 0.4877 | 0.1346 | pay 0.0673% / 4h | 3h 49m | — | $1.4M | — |
| Short | Bitget B2USDT | 0.4865 | 0.1130 | get 0.0565% / 4h | 3h 49m | $2.7M | $1.3M | 50x |
BingX B2-USDT
Bitget B2USDTFunding 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
- −$45.36
- Price spread: −0.246% → −0.125%
- −$12.08
- Slippage, 4 orders
- −$107.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$186.45
- Costs to cover
- 1.290%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 3 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, 2 min ago | 7.18 bp | 28.0 bp −$28 | 184.3 bp −$1,843 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 10.27 bp | 37.6 bp −$38 | 149.3 bp −$1,493 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC B2_USDT | +0.0946% | 4h | 0.4877 | 0.000% | $546K | $508K | 100x | as long as short |
| Binance B2USDT | +0.0951% | 4h | 0.4879 | +0.033% | $7.8M | $12.6M | 50x | as long as short |
| Aster B2USDT | +0.0997% | 4h | 0.4871 | −0.123% | $152K | $171K | 5x | as long as short |
| Bitget B2USDTshort | +0.1130% | 4h | 0.4865 | −0.246% | $2.7M | $1.3M | 50x | |
| BingX B2-USDTlong | +0.1346% | 4h | 0.4877 | long leg | — | $1.4M | — | |
| Bybit B2USDT | +0.1435% | 4h | 0.4874 | −0.062% | $1.5M | $2.7M | 20x | as long as short |
| KuCoin B2USDTM | +0.1610% | 4h | 0.4880 | +0.062% | $1.0M | $318K | 50x | as long as short |
| Variational Omni B2 | +0.1843% | 4h | 0.4873 | −0.077% | $13K | $2K | — | as long as short |
| Gate B2_USDT | +0.2404% | 4h | 0.4881 | +0.082% | $848K | $432K | 20x | as long as short |
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
Bybit B2USDT
KuCoin B2USDTM
Variational Omni B2
Gate B2_USDT