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

BB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0314%/8h= +34.4% APRnext payment +$1.57 per $10,000 · paid last 24h +0.036%
Price spread now: BingX against Bitget+0.155%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1501.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.155%, 7d avg +0.015%
Together, before fees−0.113%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.140% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.015%.
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 +$1.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BBUSDT0.0090400.0100pay 0.0050% / 4h57m 49s$325K$473K50x
ShortBingX BB-USDT0.0090540.0414get 0.0207% / 4h57m 49s$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$65.94
Price spread: +0.155% → +0.015%
$14.03
Slippage, 4 orders
−$128.19
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$70.22
Costs to cover
1.502%
Break-even
14.5 days
Slippage from Bitget: live order book, 58 min ago; BingX: 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 Bitget live order book, 58 min ago11.01 bp41.9 bp −$42316.7 bp −$3,167doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago6.07 bp39.3 bp −$39117.2 bp −$1,172499.7 bp −$50.0K796.3 bp −$398.1K

BB on 9 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
Aster BBUSDT+0.0100%4h0.009053+0.147%$12K$13K5xas long as short
Binance BBUSDT+0.0100%4h0.009046+0.066%$3.3M$6.8M50xas long as short
Gate BB_USDT+0.0100%4h0.009100+0.664%$136K$226K50xas long as short
MEXC BB_USDT+0.0100%4h0.009046+0.066%$1.4M$567K100xas long as short
KuCoin BBUSDTM+0.0100%4h0.009060+0.221%$447K$91K50xas long as short
Bitget BBUSDTlong+0.0100%4h0.009040long leg$325K$473K50x
Bybit BBUSDT+0.0363%4h0.009056+0.177%$688K$792K25xas long as short
BingX BB-USDTshort+0.0414%4h0.009054+0.155%$1.3M
Kraken Futures PF_BBUSD+0.1460%1h0.009054+0.152%$21K$3K10xas long as short