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

BAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.012%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1041.035% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.012%, 7d avg −0.010%
Together, before fees−0.140%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BAT-USDT0.084310.0100pay 0.0100% / 8h37m 02s$1.3M
ShortBitget BATUSDT0.084320.0100get 0.0100% / 8h37m 02s$681K$182K50x

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
$0
Price spread: +0.012% → −0.010%
$2.23
Slippage, 4 orders
−$81.53
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$101.3
Costs to cover
1.035%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 38 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, 7 min ago4.15 bp26.7 bp −$2767.0 bp −$670431.1 bp −$43.1K481.5 bp −$240.7K
Sell Bitget live order book, 38 min ago2.97 bp34.6 bp −$35124.7 bp −$1,247doesn't fitdoesn't fit

BAT on 11 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
Kraken Futures PF_BATUSD−0.0772%1h0.08434+0.039%$117K$15K10xas long as short
Binance BATUSDT+0.0100%8h0.08426−0.054%$1.9M$2.1M50xas long as short
Bybit BATUSDT+0.0100%8h0.08428−0.036%$1.1M$469K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08420−0.130%$533K$478K20xas long as short
Gate BAT_USDT+0.0100%8h0.08444+0.154%$84K$53K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08429−0.024%$878K$625K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08450+0.225%$266K$61K20xas long as short
Bitget BATUSDTshort+0.0100%8h0.08432+0.012%$681K$182K50x
BingX BAT-USDTlong+0.0100%8h0.08431long leg$1.3M
Variational Omni BAT+0.0100%8h0.08439+0.100%$115K$78as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BAT-USDT+0.0114%8h0.08437+0.071%$100K$21K50xas long as short