BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0362%/8h= −39.6% APRnext payment −$1.81 per $10,000 · paid last 24h −0.050%

Price spread now: Bitget against BingX−0.072%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$153as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1181.184% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.350%−$35 on $10k

Price spread, last 7 days−0.066%−$7 · spread now −0.072%, 7d avg −0.081%

Together, before fees−0.416%−$42 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BILL-USDT	0.01387	0.0462	pay 0.0231% / 4h	1h 20m	—	$1.7M	—
Short	Bitget BILLUSDT	0.01386	0.0100	get 0.0050% / 4h	1h 20m	$639K	$1.1M	20x

Funding history

latest

Range statsloading…

Bitget against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BingXbpFee BitgetbpOrdersPrice spread, now −0.072%Rate

Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 1 min ago.

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, 2 min ago	10.83 bp	39.7 bp −$40	125.6 bp −$1,256	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	10.81 bp	24.7 bp −$25	117.5 bp −$1,175	doesn't fit	doesn't fit

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
BloFin BILL-USDT	+0.0060%	4h	0.01385	−0.144%	$146K	$19K	20x	as long as short
Bybit BILLUSDT	+0.0100%	4h	0.01384	−0.216%	$1.3M	$959K	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01386	−0.072%	$279K	$84K	20x	as long as short
Bitget BILLUSDTshort	+0.0100%	4h	0.01386	−0.072%	$639K	$1.1M	20x
Backpack BILL_USDC_PERP	+0.0100%	1h	0.01385	−0.144%	$21K	$939	5x	as long as short
SunX BILL-USDT	+0.0100%	4h	0.01389	+0.144%	$1K	$1.1M	20x	as long as short
HTX BILL-USDT	+0.0100%	4h	0.01382	−0.360%	$11K	$38K	20x	as long as short
OKX BILL-USDT-SWAP	+0.0204%	4h	0.01386	−0.072%	$1.1M	$2.7M	20x	as long as short
Aster BILLUSDT	+0.0261%	4h	0.01386	−0.059%	$2K	$4K	5x	as long as short
BingX BILL-USDTlong	+0.0462%	4h	0.01387	long leg	—	$1.7M	—

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BILL-USD	+0.0464%	1h	0.01386	−0.101%	$3K	$219K	5x	as long as short
MEXC BILL_USDT	+0.0466%	4h	0.01385	−0.144%	$1.1M	$338K	50x	as long as short
Binance BILLUSDT	+0.0467%	4h	0.01386	−0.061%	$2.5M	$3.8M	20x	as long as short
Coinbase International BILL-PERP-INTX	+0.0688%	1h	0.01379	−0.562%	$46K	$51K	50x	as long as short
KuCoin BILLUSDTM	+0.1918%	4h	0.01385	−0.108%	$461K	$307K	20x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.2350%	1h	0.01388	+0.087%	$108K	$14K	10x	as long as short