Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.079%
Price spread now: Bitget against BingX+0.262%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1851.852% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.262%, 7d avg +0.094%
=The price spread pays, funding is against you. Bitget is 0.168% dearer against BingX than usual: you sell high and buy low (spread +0.262% now, against its 7-day average of +0.094%): +$17 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 19 hours. Mind the row above: over the last 7 days funding on this pair paid +0.189%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.189% in total (about 9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.50 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 CARV-USDT | 0.04579 | 0.0800 | pay 0.0400% / 4h | 14m 47s | — | $1.4M | — |
| Short | Bitget CARVUSDT | 0.04591 | 0.0100 | get 0.0050% / 4h | 14m 47s | $780K | $1.2M | 25x |
BingX CARV-USDT
Bitget CARVUSDTFunding 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
- −$147
- Price spread: +0.262% → +0.094%
- $16.82
- Slippage, 4 orders
- −$163.21
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$315.39
- Costs to cover
- 1.852%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 1 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 | 7.73 bp | 33.6 bp −$34 | 138.8 bp −$1,388 | 739.6 bp −$74.0K | 1236.7 bp −$618.4K |
| Sell Bitget live order book, 1 min ago | 7.63 bp | 59.3 bp −$59 | 322.5 bp −$3,225 | doesn't fit | doesn't fit |
CARV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | +0.0099% | 4h | 0.04570 | −0.201% | $483 | $2K | — | as long as short |
| Binance CARVUSDT | +0.0100% | 4h | 0.04583 | +0.092% | $1.6M | $14.2M | 50x | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04577 | −0.044% | $1.2M | $3.4M | 20x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04584 | +0.109% | $127K | $177K | 20x | as long as short |
| MEXC CARV_USDT | +0.0100% | 4h | 0.04583 | +0.087% | $200K | $283K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04592 | +0.284% | $176K | $46K | 20x | as long as short |
| Bitget CARVUSDTshort | +0.0100% | 4h | 0.04591 | +0.262% | $780K | $1.2M | 25x | |
| BingX CARV-USDTlong | +0.0800% | 4h | 0.04579 | long leg | — | $1.4M | — |
Variational Omni CARV
Binance CARVUSDT
Bybit CARVUSDT
Gate CARV_USDT
MEXC CARV_USDT
KuCoin CARVUSDTM