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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BBUSDT | 0.009040 | 0.0100 | pay 0.0050% / 4h | 57m 49s | $325K | $473K | 50x |
| Short | BingX BB-USDT | 0.009054 | 0.0414 | get 0.0207% / 4h | 57m 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 58 min ago | 11.01 bp | 41.9 bp −$42 | 316.7 bp −$3,167 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.07 bp | 39.3 bp −$39 | 117.2 bp −$1,172 | 499.7 bp −$50.0K | 796.3 bp −$398.1K |
BB on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BBUSDT | +0.0100% | 4h | 0.009053 | +0.147% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009046 | +0.066% | $3.3M | $6.8M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009100 | +0.664% | $136K | $226K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009046 | +0.066% | $1.4M | $567K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009060 | +0.221% | $447K | $91K | 50x | as long as short |
| Bitget BBUSDTlong | +0.0100% | 4h | 0.009040 | long leg | $325K | $473K | 50x | |
| Bybit BBUSDT | +0.0363% | 4h | 0.009056 | +0.177% | $688K | $792K | 25x | as long as short |
| BingX BB-USDTshort | +0.0414% | 4h | 0.009054 | +0.155% | — | $1.3M | — | |
| Kraken Futures PF_BBUSD | +0.1460% | 1h | 0.009054 | +0.152% | $21K | $3K | 10x | as long as short |
Bitget BBUSDT
BingX BB-USDT
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bybit BBUSDT
Kraken Futures PF_BBUSD