Funding you earn now, next payment 04:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against Bitget+0.084%7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2552.548% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days+0.260%+$26 · spread now +0.084%, 7d avg +0.170%
=Funding pays, the price is against you. BingX is 0.086% cheaper against Bitget than usual: you would sell low and buy high (spread +0.084% now, against its 7-day average of +0.170%). If the spread goes back, that is −$9 on $10k: about 37 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.106% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IDOLUSDT | 0.01193 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $2.5M | $95K | 10x |
| Short | BingX IDOL-USDT | 0.01194 | 0.0284 | get 0.0142% / 4h | 1h 18m | — | $2.3M | — |
Bitget IDOLUSDT
BingX IDOL-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
- $38.64
- Price spread: +0.084% → +0.170%
- −$8.6
- Slippage, 4 orders
- −$232.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$224.78
- Costs to cover
- 2.548%
- Break-even
- 47.7 days
Slippage from Bitget: live order book, 4 min ago; BingX: 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 Bitget live order book, 4 min ago | 12.57 bp | 51.5 bp −$52 | 301.8 bp −$3,018 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 29.30 bp | 71.8 bp −$72 | 195.0 bp −$1,950 | 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 | 0.01191 | −0.178% | $137K | $3K | 5x | as long as short |
| Gate IDOL_USDT | +0.0100% | 4h | 0.01189 | −0.310% | $561K | $24K | 10x | as long as short |
| KuCoin IDOLUSDTM | +0.0100% | 4h | 0.01196 | +0.251% | $712K | $21K | 25x | as long as short |
| Bitget IDOLUSDTlong | +0.0100% | 4h | 0.01193 | long leg | $2.5M | $95K | 10x | |
| Variational Omni IDOL | +0.0100% | 4h | 0.01195 | +0.148% | $3K | $1 | — | as long as short |
| BingX IDOL-USDTshort | +0.0284% | 4h | 0.01194 | +0.084% | — | $2.3M | — | |
| MEXC IDOL_USDT | +0.0294% | 4h | 0.01194 | +0.084% | $87K | $87K | 50x | as long as short |
| Binance IDOLUSDT | +0.0307% | 4h | 0.01194 | +0.084% | $6.0M | $1.3M | 25x | as long as short |
Aster IDOLUSDT
Gate IDOL_USDT
KuCoin IDOLUSDTM
Variational Omni IDOL
MEXC IDOL_USDT
Binance IDOLUSDT