Funding you earn now, next payment 04:00 UTC+0.0934%/8h= +102.3% APRnext payment +$4.67 per $10,000 · paid last 24h +0.055%
Price spread now: BingX against Bitget+0.145%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1851.851% of the position
Funding, last 7 days+0.486%+$49 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.145%, 7d avg +0.095%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BingX is 0.051% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.095%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.486% in total (about 25.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.67 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 INXUSDT | 0.006187 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $388K | $97K | 25x |
| Short | BingX INX-USDT | 0.006196 | 0.1034 | get 0.0517% / 4h | 2h 12m | — | $6.5M | — |
Funding 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
- $196.14
- Price spread: +0.145% → +0.095%
- $5.09
- Slippage, 4 orders
- −$163.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $16.18
- Costs to cover
- 1.851%
- Break-even
- 6.4 days
Slippage from Bitget: live order book, 48 min ago; BingX: live order book, 8 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, 48 min ago | 12.97 bp | 55.0 bp −$55 | 409.3 bp −$4,093 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.45 bp | 43.0 bp −$43 | 148.7 bp −$1,487 | 1049.4 bp −$104.9K | 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 | −0.1776% | 1h | 0.006083 | −1.681% | $5K | $5K | 50x | as long as short |
| Gate INX_USDT | +0.0100% | 4h | 0.006180 | −0.113% | $1.6M | $69K | 25x | as long as short |
| Bitget INXUSDTlong | +0.0100% | 4h | 0.006187 | long leg | $388K | $97K | 25x | |
| Binance INXUSDT | +0.0581% | 4h | 0.006188 | +0.012% | $2.1M | $1.4M | 25x | as long as short |
| MEXC INX_USDT | +0.0590% | 4h | 0.006184 | −0.048% | $801K | $191K | 50x | as long as short |
| Extended INX-USD | +0.0592% | 1h | 0.006188 | +0.014% | $3K | $112K | 5x | as long as short |
| Deribit INX_USDC-PERPETUAL | +0.0879% | 1h | 0.006208 | +0.339% | $56K | $20K | 10x | as long as short |
| Bybit INXUSDT | +0.1020% | 4h | 0.006193 | +0.097% | $792K | $361K | 13x | as long as short |
| BingX INX-USDTshort | +0.1034% | 4h | 0.006196 | +0.145% | — | $6.5M | — | |
| KuCoin INXUSDTM | +0.1132% | 4h | 0.006197 | +0.162% | $293K | $51K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster INXUSDT | +0.1166% | 4h | 0.006190 | +0.056% | $18K | $10K | 5x | as long as short |
Bitget INXUSDT
BingX INX-USDT
Coinbase International INX-PERP-INTX
Gate INX_USDT
Binance INXUSDT
MEXC INX_USDT
Extended INX-USD
Deribit INX_USDC-PERPETUAL
Bybit INXUSDT
KuCoin INXUSDTM
Aster INXUSDT