Funding you earn now, next payment 04:00 UTC−0.0816%/8h= −89.4% APRnext payment −$4.08 per $10,000 · paid last 24h −0.034%
Price spread now: Bitget against BingX−0.037%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1581.581% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.037%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Bitget is 0.030% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.120% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.08 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 C-USDT | 0.08051 | 0.0916 | pay 0.0458% / 4h | 57m 20s | — | $2.4M | — |
| Short | Bitget CUSDT | 0.08048 | 0.0100 | get 0.0050% / 4h | 57m 20s | $458K | $1.0M | 20x |
BingX C-USDT
Bitget CUSDTFunding 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
- −$171.36
- Price spread: −0.037% → −0.007%
- −$3.04
- Slippage, 4 orders
- −$136.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$332.48
- Costs to cover
- 1.581%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 4 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, 7 min ago | 4.38 bp | 31.1 bp −$31 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.11 bp | 49.7 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
C 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 CUSDT | +0.0100% | 4h | 0.08026 | −0.308% | $32K | $104K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.08040 | −0.137% | $6.6M | $11.9M | 50x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.08042 | −0.112% | $215K | $197K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08031 | −0.248% | $648K | $141K | 25x | as long as short |
| Bitget CUSDTshort | +0.0100% | 4h | 0.08048 | −0.037% | $458K | $1.0M | 20x | |
| Variational Omni C | +0.0100% | 4h | 0.08051 | −0.002% | $619 | $13K | — | as long as short |
| Gate C_USDT | +0.0610% | 4h | 0.08043 | −0.099% | $329K | $481K | 20x | as long as short |
| BingX C-USDTlong | +0.0916% | 4h | 0.08051 | long leg | — | $2.4M | — | |
| Bybit CUSDT | +0.0971% | 4h | 0.08046 | −0.062% | $1.2M | $1.8M | 13x | as long as short |
Aster CUSDT
Binance CUSDT
MEXC C_USDT
KuCoin CUSDTM
Variational Omni C
Gate C_USDT
Bybit CUSDT