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: BingX against Bitget0.000%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days+0.297%+$30 · spread now 0.000%, 7d avg +0.066%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.066% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BARDUSDT | 0.1367 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.0M | $104K | 20x |
| Short | BingX BARD-USDT | 0.1367 | 0.0070 | get 0.0035% / 4h | 2h 00m | — | $6.5M | — |
Bitget BARDUSDT
BingX BARD-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
- −$6.3
- Price spread: 0.000% → +0.066%
- −$6.62
- Slippage, 4 orders
- −$113.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$148.85
- Costs to cover
- 1.359%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; BingX: live order book, 4 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, just now | 3.66 bp | 32.0 bp −$32 | 300.9 bp −$3,009 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 7.32 bp | 32.7 bp −$33 | 122.5 bp −$1,225 | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BARD_USDT_Perp | +0.0030% | 4h | 0.1366 | −0.069% | $141K | $508K | 10x | as long as short |
| BingX BARD-USDTshort | +0.0070% | 4h | 0.1367 | 0.000% | — | $6.5M | — | |
| BloFin BARD-USDT | +0.0095% | 4h | 0.1368 | +0.073% | $117K | $5K | 25x | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1368 | +0.071% | $18K | $15K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1367 | +0.009% | $2.2M | $1.7M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1368 | +0.110% | $1.0M | $364K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1367 | 0.000% | $724K | $922K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1367 | 0.000% | $192K | $30K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1368 | +0.073% | $730K | $196K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1367 | −0.022% | $101K | $56K | 25x | as long as short |
GRVT BARD_USDT_Perp
BloFin BARD-USDT
Aster BARDUSDT
Binance BARDUSDT
Bybit BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BARDUSDTlong | +0.0100% | 4h | 0.1367 | long leg | $1.0M | $104K | 20x | |
| Variational Omni BARD | +0.0100% | 4h | 0.1368 | +0.069% | $12K | $1 | — | as long as short |
Variational Omni BARD