Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.034%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1451.450% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.034%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FRAX-USDT | 0.2910 | 0.0100 | pay 0.0050% / 4h | 24m 25s | — | $1.2M | — |
| Short | Bitget FRAXUSDT | 0.2911 | 0.0100 | get 0.0050% / 4h | 24m 25s | $141K | $26K | 50x |
BingX FRAX-USDT
Bitget FRAXUSDTFunding 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: +0.034% → +0.004%
- $3.07
- Slippage, 4 orders
- −$123.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$141.97
- Costs to cover
- 1.450%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 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, 6 min ago | 6.82 bp | 39.8 bp −$40 | 112.1 bp −$1,121 | 907.3 bp −$90.7K | 1231.7 bp −$615.9K |
| Sell Bitget live order book, 5 min ago | 6.99 bp | 43.8 bp −$44 | 320.8 bp −$3,208 | doesn't fit | doesn't fit |
FRAX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FRAXUSDT | +0.0100% | 4h | 0.2923 | +0.445% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2912 | +0.052% | $1.5M | $744K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2929 | +0.653% | $44K | $15K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2915 | +0.172% | $202K | $110K | 50x | as long as short |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2918 | +0.275% | $82K | $161K | 50x | as long as short |
| Bitget FRAXUSDTshort | +0.0100% | 4h | 0.2911 | +0.034% | $141K | $26K | 50x | |
| BingX FRAX-USDTlong | +0.0100% | 4h | 0.2910 | long leg | — | $1.2M | — |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
KuCoin FRAXUSDTM