Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.115%
Price spread now: Bitget against BingX+0.053%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
Funding, last 7 days−0.311%−$31 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.053%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.041% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ELSA-USDT | 0.05610 | 0.0400 | pay 0.0200% / 4h | 3h 40m | — | $1.3M | — |
| Short | Bitget ELSAUSDT | 0.05613 | 0.0404 | get 0.0202% / 4h | 3h 40m | $459K | $154K | 20x |
BingX ELSA-USDT
Bitget ELSAUSDTFunding 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
- $0.84
- Price spread: +0.053% → +0.012%
- $4.11
- Slippage, 4 orders
- −$108.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$125.57
- Costs to cover
- 1.305%
- Break-even
- 1053.4 days
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 50 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, 6 min ago | 2.67 bp | 25.6 bp −$26 | 195.0 bp −$1,950 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 50 min ago | 10.70 bp | 45.0 bp −$45 | 362.2 bp −$3,622 | doesn't fit | doesn't fit |
ELSA 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ELSAUSDT | +0.0100% | 4h | 0.05609 | −0.023% | $1.3M | $1.2M | 20x | as long as short |
| Bybit ELSAUSDT | +0.0100% | 4h | 0.05604 | −0.107% | $831K | $323K | 20x | as long as short |
| Gate ELSA_USDT | +0.0100% | 4h | 0.05608 | −0.036% | $144K | $49K | 20x | as long as short |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05607 | −0.053% | $505K | $117K | 50x | as long as short |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05602 | −0.143% | $187K | $23K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05614 | +0.064% | $1K | $461 | — | as long as short |
| Aster ELSAUSDT | +0.0347% | 4h | 0.05603 | −0.125% | $32K | $7K | 5x | as long as short |
| BingX ELSA-USDTlong | +0.0400% | 4h | 0.05610 | long leg | — | $1.3M | — | |
| Bitget ELSAUSDTshort | +0.0404% | 4h | 0.05613 | +0.053% | $459K | $154K | 20x |
Binance ELSAUSDT
Bybit ELSAUSDT
Gate ELSA_USDT
MEXC ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Aster ELSAUSDT