Funding you earn now, next payment 04:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.32 per $10,000 · paid last 24h −0.499%
Price spread now: Bitget against BingX+0.073%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1141.141% of the position
Funding, last 7 days−0.549%−$55 on $10k
+Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.073%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.056% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.549%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ESP-USDT | 0.09332 | 0.0036 | pay 0.0018% / 4h | 57m 45s | — | $1.7M | — |
| Short | Bitget ESPUSDT | 0.09339 | 0.0100 | get 0.0050% / 4h | 57m 45s | $938K | $137K | 20x |
BingX ESP-USDT
Bitget ESPUSDTFunding 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
- $13.44
- Price spread: +0.073% → +0.017%
- $5.59
- Slippage, 4 orders
- −$92.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$95.07
- Costs to cover
- 1.141%
- Break-even
- 56.5 days
Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 63 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, 4 min ago | 6.95 bp | 25.4 bp −$25 | 66.0 bp −$660 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 63 min ago | 15.22 bp | 28.9 bp −$29 | 93.8 bp −$938 | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDTlong | +0.0036% | 4h | 0.09332 | long leg | — | $1.7M | — | |
| BloFin ESP-USDT | +0.0091% | 4h | 0.09353 | +0.225% | $124K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09346 | +0.145% | $6K | $26K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09329 | −0.034% | $2.4M | $4.1M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09335 | +0.032% | $589K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09351 | +0.204% | $175K | $591K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09333 | +0.011% | $1.2M | $118K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09355 | +0.246% | $1.5M | $44K | 25x | as long as short |
| Bitget ESPUSDTshort | +0.0100% | 4h | 0.09339 | +0.073% | $938K | $137K | 20x | |
| edgeX ESPUSDC | +0.0118% | 4h | 0.09354 | +0.235% | $29K | $268K | 10x | as long as short |
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
edgeX ESPUSDCShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0418% | 4h | 0.09318 | −0.150% | $1.1M | $615K | 50x | as long as short |
Bybit ESPUSDT