C

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0332%/8h= +36.4% APRnext payment +$1.66 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bitget+0.112%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1501.497% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 7 days−0.045%−$5 · spread now +0.112%, 7d avg +0.009%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 0.104% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.009%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.66 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	Bitget CUSDT	0.08000	0.0100	pay 0.0050% / 4h	36m 42s	$436K	$1.0M	20x
Short	BingX C-USDT	0.08009	0.0432	get 0.0216% / 4h	36m 42s	—	$2.4M	—

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 +0.112%Rate

Funding earned: $69.72
Price spread: +0.112% → +0.009%: $10.36
Slippage, 4 orders: −$127.74
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$69.66
Costs to cover: 1.497%
Break-even: 14.0 days

Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 13 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, 4 min ago	5.61 bp	49.4 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	4.94 bp	35.8 bp −$36	113.4 bp −$1,134	885.9 bp −$88.6K	1263.2 bp −$631.6K

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	0.08015	+0.193%	$37K	$95K	5x	as long as short
Binance CUSDT	+0.0100%	4h	0.07998	−0.025%	$6.5M	$13.3M	50x	as long as short
MEXC C_USDT	+0.0100%	4h	0.07995	−0.063%	$223K	$209K	50x	as long as short
KuCoin CUSDTM	+0.0100%	4h	0.07991	−0.113%	$597K	$140K	25x	as long as short
Bitget CUSDTlong	+0.0100%	4h	0.08000	long leg	$436K	$1.0M	20x
Variational Omni C	+0.0100%	4h	0.08045	+0.562%	$619	$13K	—	as long as short
Gate C_USDT	+0.0260%	4h	0.08021	+0.263%	$329K	$662K	20x	as long as short
BingX C-USDTshort	+0.0432%	4h	0.08009	+0.112%	—	$2.4M	—
Bybit CUSDT	+0.0512%	4h	0.08009	+0.112%	$1.2M	$1.9M	13x	as long as short