Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX0.000%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now 0.000%, 7d avg +0.020%
=Funding pays, the price is against you. Bitget is 0.020% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.020%). If the spread goes back, that is −$2 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FET-USDT | 0.2023 | 0.0290 | pay 0.0290% / 8h | 1h 39m | — | $5.6M | — |
| Short | Bitget FETUSDT | 0.2023 | 0.0315 | get 0.0315% / 8h | 1h 39m | $16.5M | $11.4M | 75x |
Funding 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
- $5.25
- Price spread: 0.000% → +0.020%
- −$2.04
- Slippage, 4 orders
- −$29.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.03
- Costs to cover
- 0.512%
- Break-even
- 71.0 days
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 5 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, 11 min ago | 4.99 bp | 10.0 bp −$10 | 16.6 bp −$166 | 60.8 bp −$6,082 | 361.7 bp −$180.8K |
| Sell Bitget live order book, 5 min ago | 4.94 bp | 12.3 bp −$12 | 24.5 bp −$245 | doesn't fit | doesn't fit |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.4676% | 1h | 0.2020 | −0.148% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2022 | −0.049% | $158K | $191K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2023 | −0.002% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0055% | 8h | 0.2021 | −0.099% | $2.7M | $11.9M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2023 | +0.008% | $343K | $535K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2022 | −0.060% | $31.6M | $107.2M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2021 | −0.099% | $34.8M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2021 | −0.099% | $10.4M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2023 | +0.013% | $275K | $317K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2020 | −0.148% | $37K | $5K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0104% | 1h | 0.2021 | −0.113% | $34K | $190K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0165% | 4h | 0.2025 | +0.099% | $858K | $7.6M | 20x | as long as short |
| Hyperliquid FET | +0.0173% | 1h | 0.2024 | +0.040% | $9.0M | $7.9M | 5x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2020 | −0.135% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2022 | −0.049% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDTlong | +0.0290% | 8h | 0.2023 | long leg | — | $5.6M | — | |
| Bitget FETUSDTshort | +0.0315% | 8h | 0.2023 | 0.000% | $16.5M | $11.4M | 75x | |
| Kraken Futures PF_FETUSD | +0.0358% | 1h | 0.2024 | +0.049% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.643% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2025 | +0.099% | $27K | $36K | 5x | as long as short |
BingX FET-USDT
Bitget FETUSDT
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Extended FET-USD
OKX FET-USDT-SWAP
Hyperliquid FET
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET