BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.050%

Price spread now: BingX against Bitget+0.144%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$990.994% of the position

Long on Bitget Short on BingX

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−0.041%−$4 · spread now +0.144%, 7d avg +0.082%

Together, before fees+0.308%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.062% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BILLUSDT	0.01386	0.0100	pay 0.0050% / 4h	3h 43m	$631K	$847K	20x
Short	BingX BILL-USDT	0.01388	0.0322	get 0.0161% / 4h	3h 43m	—	$1.7M	—

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

Position, each leg$Hold fordaysFee BitgetbpFee BingXbpOrdersPrice spread, now +0.144%Rate

Funding earned: $46.62
Price spread: +0.144% → +0.082%: $6.18
Slippage, 4 orders: −$77.39
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$46.59
Costs to cover: 0.994%
Break-even: 14.0 days

Slippage from Bitget: live order book, 27 min ago; BingX: live order book, 9 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, 27 min ago	10.83 bp	19.3 bp −$19	117.9 bp −$1,179	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	10.82 bp	23.1 bp −$23	95.8 bp −$958	935.5 bp −$93.6K	doesn't fit

BILL on 16 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 BILLUSDT	+0.0100%	4h	0.01386	+0.020%	$2K	$4K	5x	as long as short
Bybit BILLUSDT	+0.0100%	4h	0.01386	0.000%	$1.3M	$937K	20x	as long as short
OKX BILL-USDT-SWAP	+0.0100%	4h	0.01387	+0.072%	$1.0M	$2.5M	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01386	0.000%	$280K	$82K	20x	as long as short
Bitget BILLUSDTlong	+0.0100%	4h	0.01386	long leg	$631K	$847K	20x
SunX BILL-USDT	+0.0100%	4h	0.01389	+0.216%	$2K	$1.1M	20x	as long as short
BloFin BILL-USDT	+0.0109%	4h	0.01389	+0.216%	$145K	$19K	20x	as long as short
Backpack BILL_USDC_PERP	+0.0230%	1h	0.01386	0.000%	$22K	$926	5x	as long as short
MEXC BILL_USDT	+0.0318%	4h	0.01387	+0.072%	$1.0M	$320K	50x	as long as short
Binance BILLUSDT	+0.0319%	4h	0.01387	+0.051%	$2.5M	$3.6M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended BILL-USD	+0.0320%	1h	0.01386	+0.018%	$2K	$235K	5x	as long as short
BingX BILL-USDTshort	+0.0322%	4h	0.01388	+0.144%	—	$1.7M	—
Coinbase International BILL-PERP-INTX	+0.0632%	1h	0.01386	−0.007%	$47K	$100K	50x	as long as short
HTX BILL-USDT	+0.0710%	4h	0.01391	+0.361%	$17K	$8K	20x	as long as short
KuCoin BILLUSDTM	+0.0978%	4h	0.01388	+0.108%	$443K	$278K	20x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.2062%	1h	0.01387	+0.101%	$108K	$14K	10x	as long as short