Funding you earn now, next payment 04:00 UTC−0.0584%/8h= −63.9% APRnext payment −$2.92 per $10,000 · paid last 24h −0.054%
Price spread now: Bitget against BingX−0.047%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1961.957% of the position
Funding, last 7 days−0.486%−$49 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.047%, 7d avg −0.096%
=The price spread pays, funding is against you. Bitget is 0.049% dearer against BingX than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.096%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.486% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX INX-USDT | 0.006322 | 0.0684 | pay 0.0342% / 4h | 58m 27s | — | $6.5M | — |
| Short | Bitget INXUSDT | 0.006319 | 0.0100 | get 0.0050% / 4h | 58m 27s | $392K | $107K | 25x |
BingX INX-USDT
Bitget INXUSDTFunding 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
- −$122.64
- Price spread: −0.047% → −0.096%
- $4.86
- Slippage, 4 orders
- −$173.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$313.47
- Costs to cover
- 1.957%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; Bitget: live order book, 57 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, 8 min ago | 7.89 bp | 46.9 bp −$47 | 140.1 bp −$1,401 | 1263.8 bp −$126.4K | doesn't fit |
| Sell Bitget live order book, 57 min ago | 12.00 bp | 47.7 bp −$48 | 364.3 bp −$3,643 | doesn't fit | doesn't fit |
INX 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International INX-PERP-INTX | −0.1576% | 1h | 0.006083 | −3.780% | $5K | $5K | 50x | as long as short |
| Bitget INXUSDTshort | +0.0100% | 4h | 0.006319 | −0.047% | $392K | $107K | 25x | |
| Gate INX_USDT | +0.0120% | 4h | 0.006310 | −0.190% | $1.6M | $69K | 25x | as long as short |
| KuCoin INXUSDTM | +0.0182% | 4h | 0.006315 | −0.111% | $285K | $54K | 20x | as long as short |
| Bybit INXUSDT | +0.0276% | 4h | 0.006327 | +0.079% | $813K | $383K | 13x | as long as short |
| Binance INXUSDT | +0.0668% | 4h | 0.006318 | −0.063% | $2.1M | $1.5M | 25x | as long as short |
| Extended INX-USD | +0.0680% | 1h | 0.006317 | −0.074% | $3K | $108K | 5x | as long as short |
| MEXC INX_USDT | +0.0680% | 4h | 0.006315 | −0.111% | $902K | $208K | 50x | as long as short |
| BingX INX-USDTlong | +0.0684% | 4h | 0.006322 | long leg | — | $6.5M | — | |
| Deribit INX_USDC-PERPETUAL | +0.0702% | 1h | 0.006309 | −0.206% | $57K | $20K | 10x | as long as short |
Coinbase International INX-PERP-INTX
Gate INX_USDT
KuCoin INXUSDTM
Bybit INXUSDT
Binance INXUSDT
Extended INX-USD
MEXC INX_USDT
Deribit INX_USDC-PERPETUALShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1183% | 4h | 0.006313 | −0.149% | $19K | $9K | 5x | as long as short |
Aster INXUSDT