Funding you earn now, next payment 00:00 UTC+0.0642%/8h= +70.3% APRnext payment +$3.21 per $10,000 · paid last 24h +0.119%
Price spread now: Bitget against BingX+0.021%7-day average −0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 7 days−0.123%−$12 · spread now +0.021%, 7d avg −0.117%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Bitget is 0.138% dearer against BingX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.117%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.21 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 BR-USDT | 1.1116 | 0.0080 | pay 0.0040% / 4h | 1h 40m | — | $6.3M | — |
| Short | Bitget BRUSDT | 1.1118 | 0.0722 | get 0.0361% / 4h | 1h 40m | $8.1M | $12.6M | 10x |
BingX BR-USDT
Bitget BRUSDTFunding 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
- $134.82
- Price spread: +0.021% → −0.117%
- $13.76
- Slippage, 4 orders
- −$70.3
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $56.27
- Costs to cover
- 0.923%
- Break-even
- 4.1 days
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 3 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 | 2.85 bp | 17.6 bp −$18 | 59.7 bp −$597 | 537.2 bp −$53.7K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.45 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDTlong | +0.0080% | 4h | 1.1116 | long leg | — | $6.3M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1105 | −0.099% | $10.8M | $25.9M | 5x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1126 | +0.087% | $265K | $296K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1119 | +0.026% | — | $689K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1181 | +0.584% | $86K | $238K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0304% | 4h | 1.1118 | +0.022% | $4.9M | $5.5M | 30x | as long as short |
| Gate BR_USDT | +0.0308% | 4h | 1.1106 | −0.092% | $7.5M | $8.7M | 20x | as long as short |
| Aster BRUSDT | +0.0551% | 4h | 1.1113 | −0.027% | $728K | $2.7M | 5x | as long as short |
| Bitget BRUSDTshort | +0.0722% | 4h | 1.1118 | +0.021% | $8.1M | $12.6M | 10x | |
| MEXC BR_USDT | +0.1180% | 4h | 1.1132 | +0.148% | $15.4M | $7.5M | 100x | as long as short |
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Gate BR_USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1180% | 4h | 1.1117 | +0.013% | $53.2M | $164.1M | 25x | as long as short |
Binance BRUSDT