Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.116%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$486as in the Price arb table
costs, in and out, $10k−$4844.836% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.135%+$13 · spread now +0.116%, 7d avg +0.137%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.021% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.137%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DRIFT-USDT | 0.01724 | 0.0100 | pay 0.0050% / 4h | 37m 21s | — | $6.6M | — |
| Short | Bitget DRIFTUSDT | 0.01726 | 0.0100 | get 0.0050% / 4h | 37m 21s | $534K | $358K | 10x |
BingX DRIFT-USDT
Bitget DRIFTUSDTFunding 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: +0.116% → +0.137%
- −$2.08
- Slippage, 4 orders
- −$461.62
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$485.69
- Costs to cover
- 4.836%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Bitget: live order book, 37 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, 15 min ago | 8.66 bp | 38.4 bp −$38 | 277.2 bp −$2,772 | 794.8 bp −$79.5K | doesn't fit |
| Sell Bitget live order book, 37 min ago | 5.84 bp | 205.3 bp −$205 | doesn't fit | doesn't fit | doesn't fit |
DRIFT 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DRIFT/USDC PERP | +0.0033% | 1h | 0.01591 | −7.715% | — | $9K | 5.5x | as long as short |
| Binance DRIFTUSDT | +0.0100% | 4h | 0.01728 | +0.207% | $2.3M | $6.9M | 20x | as long as short |
| Bybit DRIFTUSDT | +0.0100% | 4h | 0.01722 | −0.116% | $2.3M | $2.9M | 20x | as long as short |
| Gate DRIFT_USDT | +0.0100% | 4h | 0.01725 | +0.058% | $130K | $237K | 10x | as long as short |
| MEXC DRIFT_USDT | +0.0100% | 4h | 0.01730 | +0.348% | $413K | $179K | 20x | as long as short |
| KuCoin DRIFTUSDTM | +0.0100% | 4h | 0.01721 | −0.174% | $681K | $130K | 20x | as long as short |
| Bitget DRIFTUSDTshort | +0.0100% | 4h | 0.01726 | +0.116% | $534K | $358K | 10x | |
| BingX DRIFT-USDTlong | +0.0100% | 4h | 0.01724 | long leg | — | $6.6M | — | |
| Variational Omni DRIFT | +0.0100% | 4h | 0.01728 | +0.219% | $23K | $6K | — | as long as short |
| BloFin DRIFT-USDT | +0.0154% | 4h | 0.01728 | +0.232% | $153K | $10K | 20x | as long as short |
Injective DRIFT/USDC PERP
Binance DRIFTUSDT
Bybit DRIFTUSDT
Gate DRIFT_USDT
MEXC DRIFT_USDT
KuCoin DRIFTUSDTM
Variational Omni DRIFT
BloFin DRIFT-USDT