Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX0.000%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$900.896% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now 0.000%, 7d avg +0.106%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.106% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.106%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ID-USDT | 0.03786 | 0.0200 | pay 0.0100% / 4h | 3h 08m | — | $2.3M | — |
| Short | Bitget IDUSDT | 0.03786 | 0.0100 | get 0.0050% / 4h | 3h 08m | $805K | $641K | 50x |
BingX ID-USDT
Bitget IDUSDTFunding 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
- −$21
- Price spread: 0.000% → +0.106%
- −$10.6
- Slippage, 4 orders
- −$67.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$121.15
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 42 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, 9 min ago | 3.94 bp | 21.1 bp −$21 | 55.4 bp −$554 | 389.7 bp −$39.0K | 437.9 bp −$219.0K |
| Sell Bitget live order book, 42 min ago | 6.50 bp | 23.7 bp −$24 | 179.5 bp −$1,795 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03794 | +0.209% | $9K | $1K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03788 | +0.053% | $2.4M | $3.8M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03788 | +0.053% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03790 | +0.106% | $253K | $229K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03791 | +0.132% | $393K | $214K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03791 | +0.132% | $1.1M | $63K | 30x | as long as short |
| Bitget IDUSDTshort | +0.0100% | 4h | 0.03786 | 0.000% | $805K | $641K | 50x | |
| Variational Omni ID | +0.0100% | 8h | 0.03795 | +0.232% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0105% | 4h | 0.03787 | +0.026% | $158K | $13K | 50x | as long as short |
| BingX ID-USDTlong | +0.0200% | 4h | 0.03786 | long leg | — | $2.3M | — |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BloFin ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0890% | 1h | 0.03783 | −0.078% | $4K | $5K | 10x | as long as short |
Kraken Futures PF_IDUSD