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

BARD

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.021%
Price spread now: Bitget against BingX+0.073%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1251.248% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days−0.435%−$44 · spread now +0.073%, 7d avg −0.071%
Together, before fees−0.389%−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.144% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BARD-USDT0.13690.0070pay 0.0035% / 4h3h 09m$6.5M
ShortBitget BARDUSDT0.13700.0100get 0.0050% / 4h3h 09m$1.0M$110K20x

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
$6.3
Price spread: +0.073% → −0.071%
$14.4
Slippage, 4 orders
−$102.76
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$104.06
Costs to cover
1.248%
Break-even
122.6 days
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 2 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, 11 min ago7.27 bp30.2 bp −$30116.1 bp −$1,161doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.65 bp27.3 bp −$27292.2 bp −$2,922doesn't fitdoesn't fit

BARD on 12 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
BingX BARD-USDTlong+0.0070%4h0.1369long leg$6.5M
Aster BARDUSDT+0.0100%4h0.1371+0.172%$18K$16K5xas long as short
Binance BARDUSDT+0.0100%4h0.1369+0.016%$2.2M$1.7M25xas long as short
Bybit BARDUSDT+0.0100%4h0.1371+0.131%$1.0M$350K25xas long as short
OKX BARD-USDT-SWAP+0.0100%4h0.1370+0.073%$726K$917K20xas long as short
Gate BARD_USDT+0.0100%4h0.1370+0.073%$192K$30K20xas long as short
MEXC BARD_USDT+0.0100%4h0.1370+0.073%$737K$176K50xas long as short
KuCoin BARDUSDTM+0.0100%4h0.1367−0.117%$104K$56K25xas long as short
Bitget BARDUSDTshort+0.0100%4h0.1370+0.073%$1.0M$110K20x
Variational Omni BARD+0.0100%4h0.1372+0.252%$12K$1as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BARD_USDT_Perp+0.0100%4h0.1373+0.292%$140K$524K10xas long as short
BloFin BARD-USDT+0.0136%4h0.1373+0.292%$118K$5K25xas long as short