Funding you earn now, next payment 04:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h −0.085%
Price spread now: BingX against Bitget+0.152%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$920.920% of the position
Funding, last 7 days−0.776%−$78 on $10k
+Price spread, last 7 days−0.154%−$15 · spread now +0.152%, 7d avg −0.018%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.170% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.776%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CAPUSDT | 0.04596 | −0.0044 | get 0.0022% / 4h | 2h 12m | $1.0M | $588K | 10x |
| Short | BingX CAP-USDT | 0.04603 | 0.0100 | get 0.0050% / 4h | 2h 12m | — | $1.6M | — |
Bitget CAPUSDT
BingX CAP-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
- $30.24
- Price spread: +0.152% → −0.018%
- $16.99
- Slippage, 4 orders
- −$69.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.74
- Costs to cover
- 0.920%
- Break-even
- 17.4 days
Slippage from Bitget: live order book, 4 min ago; BingX: 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 Bitget live order book, 4 min ago | 5.42 bp | 28.2 bp −$28 | 80.9 bp −$809 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.34 bp | 24.4 bp −$24 | 78.9 bp −$789 | doesn't fit | doesn't fit |
CAP on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0796% | 4h | 0.04595 | −0.022% | $4.4M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAP | −0.0418% | 4h | 0.04604 | +0.174% | $2.1M | $7.1M | 10x | as long as short |
| Bitget CAPUSDTlong | −0.0044% | 4h | 0.04596 | long leg | $1.0M | $588K | 10x | |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04602 | +0.128% | — | — | 150x | as long as short |
| Variational Omni CAP | +0.0090% | 4h | 0.04612 | +0.351% | $8K | $8K | — | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04602 | +0.137% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04598 | +0.047% | $26K | $66K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04603 | +0.158% | $9.0M | $8.8M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04604 | +0.174% | $4.5M | $4.1M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04600 | +0.087% | $327K | $1.2M | 20x | as long as short |
KuCoin CAPUSDTM
OKX CAP-USDT-SWAP
gTrade (Gains Network) CAP/USD
Variational Omni CAP
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDT
Gate CAP_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CAP_USDT | +0.0100% | 4h | 0.04601 | +0.109% | $560K | $236K | 20x | as long as short |
| BingX CAP-USDTshort | +0.0100% | 4h | 0.04603 | +0.152% | — | $1.6M | — | |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04602 | +0.137% | $5K | $582 | 10x | as long as short |
MEXC CAP_USDT
Orderly PERP_CAP_USDC_mythos