Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.85 per $10,000 · paid last 24h −0.122%
Price spread now: BingX against Bitget+0.093%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1061.063% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.093%, 7d avg +0.114%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.021% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.114%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BRUSDT | 1.1023 | 0.0250 | pay 0.0125% / 4h | 1h 22m | $8.1M | $11.4M | 10x |
| Short | BingX BR-USDT | 1.1034 | 0.0080 | get 0.0040% / 4h | 1h 22m | — | $6.0M | — |
Bitget BRUSDT
BingX BR-USDTFunding 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
- −$35.7
- Price spread: +0.093% → +0.114%
- −$2.09
- Slippage, 4 orders
- −$84.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$144.1
- Costs to cover
- 1.063%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: 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 Bitget live order book, 1 min ago | 6.39 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.32 bp | 17.8 bp −$18 | 64.1 bp −$641 | 334.3 bp −$33.4K | 1022.5 bp −$511.3K |
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-USDTshort | +0.0080% | 4h | 1.1034 | +0.093% | — | $6.0M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1021 | −0.024% | $10.6M | $24.3M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1008 | −0.141% | $7.3M | $8.4M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.0984 | −0.356% | $258K | $276K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1016 | −0.067% | — | $711K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1031 | +0.071% | $85K | $244K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0164% | 4h | 1.1028 | +0.043% | $4.8M | $5.1M | 30x | as long as short |
| Bitget BRUSDTlong | +0.0250% | 4h | 1.1023 | long leg | $8.1M | $11.4M | 10x | |
| Aster BRUSDT | +0.0575% | 4h | 1.1016 | −0.069% | $649K | $2.5M | 5x | as long as short |
| Binance BRUSDT | +0.0960% | 4h | 1.1027 | +0.029% | $52.6M | $149.9M | 25x | as long as short |
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0962% | 4h | 1.1034 | +0.096% | $15.0M | $7.2M | 100x | as long as short |
MEXC BR_USDT