Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.047%
Price spread now: BingX against Bitget−0.024%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2222.219% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.024%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 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 | Bitget COOKIEUSDT | 0.01270 | 0.0100 | pay 0.0050% / 4h | 5m 22s | $367K | $299K | 5x |
| Short | BingX COOKIE-USDT | 0.01270 | 0.0100 | get 0.0050% / 4h | 5m 22s | — | $6.6M | — |
Bitget COOKIEUSDT
BingX COOKIE-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
- $0
- Price spread: −0.024% → −0.001%
- −$2.28
- Slippage, 4 orders
- −$199.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$224.19
- Costs to cover
- 2.219%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 45 min ago; BingX: live order book, 6 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, 45 min ago | 7.99 bp | 60.1 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 6.32 bp | 53.1 bp −$53 | 247.5 bp −$2,475 | 622.7 bp −$62.3K | 805.5 bp −$402.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COOKIEUSD | −0.0478% | 1h | 0.01267 | −0.204% | $10K | $37K | 10x | as long as short |
| Bybit COOKIEUSDT | −0.0127% | 4h | 0.01269 | −0.071% | $875K | $1.4M | 25x | as long as short |
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01270 | −0.031% | $2.1M | $8.6M | 20x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01270 | 0.000% | $129K | $210K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01269 | −0.079% | $606K | $340K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01270 | 0.000% | $229K | $141K | 20x | as long as short |
| Bitget COOKIEUSDTlong | +0.0100% | 4h | 0.01270 | long leg | $367K | $299K | 5x | |
| BingX COOKIE-USDTshort | +0.0100% | 4h | 0.01270 | −0.024% | — | $6.6M | — | |
| Variational Omni COOKIE | +0.0100% | 4h | 0.01267 | −0.273% | $11K | $19K | — | as long as short |
Kraken Futures PF_COOKIEUSD
Bybit COOKIEUSDT
Binance COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Variational Omni COOKIE