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: BingX against Bitget0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1421.416% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FRAXUSDT | 0.2903 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $141K | $35K | 50x |
| Short | BingX FRAX-USDT | 0.2903 | 0.0100 | get 0.0050% / 4h | 2h 00m | — | $1.2M | — |
Bitget FRAXUSDT
BingX FRAX-USDTFunding 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 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: 0.000% → −0.003%
- $0.26
- Slippage, 4 orders
- −$119.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$141.31
- Costs to cover
- 1.416%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 39 min ago; BingX: live order book, 15 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 Bitget live order book, 39 min ago | 4.33 bp | 40.4 bp −$40 | 261.6 bp −$2,616 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 5.19 bp | 42.8 bp −$43 | 137.0 bp −$1,370 | 685.7 bp −$68.6K | 1059.9 bp −$530.0K |
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 | 0.2904 | +0.045% | $21K | $13K | 5x | as long as short |
| Binance FRAXUSDT | +0.0100% | 4h | 0.2904 | +0.029% | $1.5M | $760K | 50x | as long as short |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2901 | −0.069% | $44K | $15K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2904 | +0.034% | $203K | $108K | 50x | as long as short |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2904 | +0.034% | $88K | $159K | 50x | as long as short |
| Bitget FRAXUSDTlong | +0.0100% | 4h | 0.2903 | long leg | $141K | $35K | 50x | |
| BingX FRAX-USDTshort | +0.0100% | 4h | 0.2903 | 0.000% | — | $1.2M | — |
Aster FRAXUSDT
Binance FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
KuCoin FRAXUSDTM