Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against BingX−0.872%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$415as in the Price arb table
costs, in and out, $10k−$3443.442% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days+0.639%+$64 · spread now −0.872%, 7d avg −0.166%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.706% cheaper against BingX than usual: you would sell low and buy high (−$71 if the spread goes back to its 7-day average of −0.166%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IDOL-USDT | 0.01261 | 0.0156 | pay 0.0078% / 4h | 2h 44m | — | $2.3M | — |
| Short | Bitget IDOLUSDT | 0.01250 | 0.0100 | get 0.0050% / 4h | 2h 44m | $2.6M | $111K | 10x |
Funding 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
- −$11.76
- Price spread: −0.872% → −0.166%
- −$70.65
- Slippage, 4 orders
- −$322.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$426.58
- Costs to cover
- 3.442%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: 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 BingX live order book, 9 min ago | 31.82 bp | 80.1 bp −$80 | 171.6 bp −$1,716 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 11.85 bp | 84.0 bp −$84 | 712.8 bp −$7,128 | doesn't fit | doesn't fit |
IDOL on 8 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 IDOLUSDT | +0.0100% | 4h | 0.01249 | −0.963% | $144K | $2K | 5x | as long as short |
| KuCoin IDOLUSDTM | +0.0100% | 4h | 0.01259 | −0.159% | $755K | $28K | 25x | as long as short |
| Bitget IDOLUSDTshort | +0.0100% | 4h | 0.01250 | −0.872% | $2.6M | $111K | 10x | |
| Variational Omni IDOL | +0.0100% | 4h | 0.01268 | +0.538% | $3K | $251 | — | as long as short |
| BingX IDOL-USDTlong | +0.0156% | 4h | 0.01261 | long leg | — | $2.3M | — | |
| Gate IDOL_USDT | +0.0176% | 4h | 0.01256 | −0.389% | $649K | $71K | 10x | as long as short |
| MEXC IDOL_USDT | +0.0182% | 4h | 0.01252 | −0.714% | $93K | $87K | 50x | as long as short |
| Binance IDOLUSDT | +0.0188% | 4h | 0.01252 | −0.714% | $6.3M | $1.6M | 25x | as long as short |
BingX IDOL-USDT
Bitget IDOLUSDT
Aster IDOLUSDT
KuCoin IDOLUSDTM
Variational Omni IDOL
Gate IDOL_USDT
MEXC IDOL_USDT
Binance IDOLUSDT