Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Bitget−0.026%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$870.869% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.026%, 7d avg −0.108%
=The price spread pays, funding is against you. BingX is 0.081% dearer against Bitget than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.108%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.087%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IDUSDT | 0.03831 | 0.0178 | pay 0.0089% / 4h | 1h 20m | $824K | $639K | 50x |
| Short | BingX ID-USDT | 0.03830 | 0.0150 | get 0.0075% / 4h | 1h 20m | — | $2.3M | — |
Bitget IDUSDT
BingX ID-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
- −$5.88
- Price spread: −0.026% → −0.108%
- $8.14
- Slippage, 4 orders
- −$64.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$84.62
- Costs to cover
- 0.869%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 40 min ago; BingX: live order book, 3 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, 40 min ago | 3.97 bp | 21.4 bp −$21 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.23 bp | 20.7 bp −$21 | 48.5 bp −$485 | 389.9 bp −$39.0K | 467.4 bp −$233.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0087% | 4h | 0.03830 | −0.026% | $161K | $13K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03824 | −0.185% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03827 | −0.100% | $2.5M | $3.7M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03828 | −0.078% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03829 | −0.052% | $253K | $242K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03827 | −0.104% | $378K | $197K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03823 | −0.209% | $1.1M | $62K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03828 | −0.084% | $12K | $20K | — | as long as short |
| BingX ID-USDTshort | +0.0150% | 4h | 0.03830 | −0.026% | — | $2.3M | — | |
| Bitget IDUSDTlong | +0.0178% | 4h | 0.03831 | long leg | $824K | $639K | 50x |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0620% | 1h | 0.03826 | −0.140% | $4K | $3K | 10x | as long as short |
Kraken Futures PF_IDUSD