Funding you earn now, next payment 08:00 UTC+0.0422%/8h= +46.2% APRnext payment +$2.11 per $10,000 · paid last 24h +0.063%
Price spread now: BingX against Bitget+0.060%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.060%, 7d avg −0.017%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.077% dearer against Bitget than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.017%.
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 +$2.11 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 | Bitget CYSUSDT | 0.1664 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $1.8M | $777K | 25x |
| Short | BingX CYS-USDT | 0.1665 | 0.0522 | get 0.0261% / 4h | 1h 08m | — | $1.3M | — |
Bitget CYSUSDT
BingX CYS-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
- $88.62
- Price spread: +0.060% → −0.017%
- $7.75
- Slippage, 4 orders
- −$109.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$34.79
- Costs to cover
- 1.312%
- Break-even
- 9.7 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 7 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, 4 min ago | 4.52 bp | 33.6 bp −$34 | 151.4 bp −$1,514 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 9.08 bp | 43.5 bp −$44 | 112.0 bp −$1,120 | 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 | 0.1666 | +0.101% | $262K | $95K | 10x | as long as short |
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1665 | +0.060% | $1.4M | $192K | 20x | as long as short |
| Bitget CYSUSDTlong | +0.0100% | 4h | 0.1664 | long leg | $1.8M | $777K | 25x | |
| MEXC CYS_USDT | +0.0134% | 4h | 0.1665 | +0.060% | $1.6M | $267K | 50x | as long as short |
| Binance CYSUSDT | +0.0136% | 4h | 0.1666 | +0.120% | $4.4M | $5.5M | 20x | as long as short |
| edgeX CYSUSDC | +0.0144% | 4h | 0.1653 | −0.651% | $7K | $110K | 10x | as long as short |
| Variational Omni CYS | +0.0330% | 4h | 0.1666 | +0.132% | $35K | $13K | — | as long as short |
| BingX CYS-USDTshort | +0.0522% | 4h | 0.1665 | +0.060% | — | $1.3M | — | |
| Bybit CYSUSDT | +0.0678% | 4h | 0.1668 | +0.240% | $1.5M | $1.2M | 13x | as long as short |
| Gate CYS_USDT | +0.0782% | 4h | 0.1667 | +0.180% | $617K | $161K | 20x | as long as short |
Aster CYSUSDT
KuCoin CYSUSDTM
MEXC CYS_USDT
Binance CYSUSDT
edgeX CYSUSDC
Variational Omni CYS
Bybit CYSUSDT
Gate CYS_USDT