Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.328%
Price spread now: Bitget against BingX0.000%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$770.767% of the position
Funding, last 6 days (all we have)−0.682%−$68 on $10k
+Price spread, last 6 days (all we have)−0.108%−$11 · spread now 0.000%, 7d avg −0.052%
=The price spread pays, funding is against you. Bitget is 0.052% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.052%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.7 days. At the pace of the last 6 days (−0.682% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVC-USDT | 0.02746 | −0.0020 | get 0.0010% / 4h | 2h 17m | — | $2.4M | — |
| Short | Bitget CVCUSDT | 0.02746 | −0.0040 | pay 0.0020% / 4h | 2h 17m | $463K | $469K | 50x |
BingX CVC-USDT
Bitget CVCUSDTFunding 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
- −$4.2
- Price spread: 0.000% → −0.052%
- $5.23
- Slippage, 4 orders
- −$54.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$75.67
- Costs to cover
- 0.767%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 66 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, 11 min ago | 7.30 bp | 22.2 bp −$22 | 75.1 bp −$751 | 832.9 bp −$83.3K | doesn't fit |
| Sell Bitget live order book, 66 min ago | 5.49 bp | 16.6 bp −$17 | 72.2 bp −$722 | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0994% | 4h | 0.02746 | 0.000% | $209K | $312K | 25x | as long as short |
| Bitget CVCUSDTshort | −0.0040% | 4h | 0.02746 | 0.000% | $463K | $469K | 50x | |
| BingX CVC-USDTlong | −0.0020% | 4h | 0.02746 | long leg | — | $2.4M | — | |
| MEXC CVC_USDT | +0.0036% | 4h | 0.02745 | −0.036% | $661K | $124K | 20x | as long as short |
| Binance CVCUSDT | +0.0041% | 4h | 0.02745 | −0.036% | $2.9M | $5.6M | 50x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02749 | +0.109% | $1.4M | $398K | 30x | as long as short |
| Variational Omni CVC | +0.6439% | 1h | 0.02724 | −0.807% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +0.9211% | 1h | 0.02723 | −0.838% | $1.7M | $1.4M | 25x | as long as short |
Gate CVC_USDT
MEXC CVC_USDT
Binance CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC
Bybit CVCUSDT