Settings8H · net · $10k
Funding arb · Price arb /

FIDA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.07 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.313%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1091.089% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.313%, 7d avg +0.006%
Together, before fees+0.406%+$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BingX is 0.318% cheaper against Bitget than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FIDAUSDT0.021750.0236pay 0.0118% / 4h1h 22m$537K$346K25x
ShortBingX FIDA-USDT0.021680.0222get 0.0111% / 4h1h 22m$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$2.86
Price spread: −0.313% → +0.006%
−$31.84
Slippage, 4 orders
−$86.86
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$143.55
Costs to cover
1.089%
Break-even
never at this rate
Slippage from Bitget: live order book, 37 min ago; BingX: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 37 min ago8.11 bp33.0 bp −$33268.7 bp −$2,687doesn't fitdoesn't fit
Sell BingX live order book, 9 min ago6.94 bp24.8 bp −$2581.7 bp −$817744.5 bp −$74.5K1103.2 bp −$551.6K

FIDA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster FIDAUSDT+0.0100%4h0.02166−0.395%$9K$6K5xas long as short
Binance FIDAUSDT+0.0100%4h0.02168−0.316%$1.4M$2.4M25xas long as short
Bybit FIDAUSDT+0.0100%4h0.02173−0.083%$466K$203K20xas long as short
Gate FIDA_USDT+0.0100%4h0.02167−0.359%$47K$38K10xas long as short
MEXC FIDA_USDT+0.0100%4h0.02169−0.267%$741K$181K20xas long as short
Variational Omni FIDA+0.0100%4h0.02161−0.655%$3K$401as long as short
Extended FIDA-USD+0.0104%1h0.02167−0.344%$1K$99K5xas long as short
BingX FIDA-USDTshort+0.0222%4h0.02168−0.313%$1.3M
Bitget FIDAUSDTlong+0.0236%4h0.02175long leg$537K$346K25x