Funding you earn now, next payment 04:00 UTC−0.1278%/8h= −139.9% APRnext payment −$6.39 per $10,000 · paid last 24h −0.036%
Price spread now: Bitget against BingX−0.011%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1861.855% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.011%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$38 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BB-USDT | 0.009081 | 0.1378 | pay 0.0689% / 4h | 2h 52m | — | $1.3M | — |
| Short | Bitget BBUSDT | 0.009080 | 0.0100 | get 0.0050% / 4h | 2h 52m | $324K | $467K | 50x |
BingX BB-USDT
Bitget BBUSDTFunding 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
- −$268.38
- Price spread: −0.011% → −0.015%
- $0.44
- Slippage, 4 orders
- −$163.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$453.48
- Costs to cover
- 1.855%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 8 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, 9 min ago | 7.68 bp | 42.6 bp −$43 | 164.8 bp −$1,648 | 679.3 bp −$67.9K | 1066.9 bp −$533.4K |
| Sell Bitget live order book, 8 min ago | 10.98 bp | 47.1 bp −$47 | 207.8 bp −$2,078 | doesn't fit | doesn't fit |
BB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009073 | −0.086% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009086 | +0.055% | $3.3M | $6.9M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009100 | +0.209% | $139K | $209K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009087 | +0.066% | $1.5M | $589K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009070 | −0.121% | $447K | $87K | 50x | as long as short |
| Bitget BBUSDTshort | +0.0100% | 4h | 0.009080 | −0.011% | $324K | $467K | 50x | |
| BingX BB-USDTlong | +0.1378% | 4h | 0.009081 | long leg | — | $1.3M | — | |
| Bybit BBUSDT | +0.1409% | 4h | 0.009094 | +0.143% | $714K | $791K | 25x | as long as short |
| Kraken Futures PF_BBUSD | +0.1888% | 1h | 0.009111 | +0.335% | $22K | $3K | 10x | as long as short |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bybit BBUSDT
Kraken Futures PF_BBUSD