Funding you earn now, next payment 08:00 UTC−0.0384%/8h= −42.0% APRnext payment −$1.92 per $10,000 · paid last 24h −0.063%
Price spread now: Bitget against BingX+0.068%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1301.298% of the position
Funding, last 7 days−0.263%−$26 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.068%, 7d avg +0.015%
=The price spread pays, funding is against you. Bitget is 0.053% dearer against BingX than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.015%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.263% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.263% in total (about -13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.92 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 CYS-USDT | 0.1629 | 0.0484 | pay 0.0242% / 4h | 2h 00m | — | $1.3M | — |
| Short | Bitget CYSUSDT | 0.1630 | 0.0100 | get 0.0050% / 4h | 2h 00m | $1.7M | $696K | 25x |
BingX CYS-USDT
Bitget CYSUSDTFunding 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
- −$80.64
- Price spread: +0.068% → +0.015%
- $5.25
- Slippage, 4 orders
- −$107.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$205.23
- Costs to cover
- 1.298%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 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, 16 min ago | 9.23 bp | 34.9 bp −$35 | 98.2 bp −$982 | 924.7 bp −$92.5K | 1269.5 bp −$634.7K |
| Sell Bitget live order book, 1 min ago | 7.97 bp | 31.8 bp −$32 | 170.2 bp −$1,702 | doesn't fit | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CYSUSDT | +0.0100% | 4h | 0.1631 | +0.117% | $259K | $89K | 10x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1629 | 0.000% | $1.4M | $153K | 20x | as long as short |
| Bitget CYSUSDTshort | +0.0100% | 4h | 0.1630 | +0.068% | $1.7M | $696K | 25x | |
| Binance CYSUSDT | +0.0115% | 4h | 0.1630 | +0.087% | $4.3M | $5.0M | 20x | as long as short |
| MEXC CYS_USDT | +0.0118% | 4h | 0.1629 | 0.000% | $1.5M | $245K | 50x | as long as short |
| edgeX CYSUSDC | +0.0137% | 4h | 0.1625 | −0.267% | $7K | $111K | 10x | as long as short |
| Variational Omni CYS | +0.0175% | 4h | 0.1631 | +0.135% | $34K | $13K | — | as long as short |
| Bybit CYSUSDT | +0.0450% | 4h | 0.1631 | +0.123% | $1.5M | $1.1M | 13x | as long as short |
| BingX CYS-USDTlong | +0.0484% | 4h | 0.1629 | long leg | — | $1.3M | — | |
| Gate CYS_USDT | +0.0896% | 4h | 0.1631 | +0.123% | $633K | $130K | 20x | as long as short |
Aster CYSUSDT
KuCoin CYSUSDTM
Binance CYSUSDT
MEXC CYS_USDT
edgeX CYSUSDC
Variational Omni CYS
Bybit CYSUSDT
Gate CYS_USDT