Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.047%
Price spread now: Bitget against BingX+0.209%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$354as in the Funding arb table
Net, price: spread back to 7d avg − costs−$312as in the Price arb table
costs, in and out, $10k−$3333.329% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now +0.209%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.208% dearer against BingX than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COOKIE-USDT | 0.01244 | 0.0100 | pay 0.0050% / 4h | 2h 32m | — | $6.5M | — |
| Short | Bitget COOKIEUSDT | 0.01247 | 0.0100 | get 0.0050% / 4h | 2h 32m | $361K | $311K | 5x |
BingX COOKIE-USDT
Bitget COOKIEUSDTFunding 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
- $0
- Price spread: +0.209% → +0.001%
- $20.81
- Slippage, 4 orders
- −$310.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$312.08
- Costs to cover
- 3.329%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 8 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, 4 min ago | 6.47 bp | 43.7 bp −$44 | 242.8 bp −$2,428 | 693.8 bp −$69.4K | 883.3 bp −$441.6K |
| Sell Bitget live order book, 8 min ago | 8.01 bp | 126.3 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
COOKIE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01245 | +0.064% | $2.1M | $9.6M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01242 | −0.185% | $862K | $1.5M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01244 | −0.032% | $124K | $234K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01246 | +0.129% | $620K | $368K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01243 | −0.113% | $228K | $162K | 20x | as long as short |
| Bitget COOKIEUSDTshort | +0.0100% | 4h | 0.01247 | +0.209% | $361K | $311K | 5x | |
| BingX COOKIE-USDTlong | +0.0100% | 4h | 0.01244 | long leg | — | $6.5M | — | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01234 | −0.839% | $12K | $21K | — | as long as short |
| Kraken Futures PF_COOKIEUSD | +0.0439% | 1h | 0.01248 | +0.274% | $12K | $40K | 10x | as long as short |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSD