Funding you earn now, next payment 08:00 UTC−0.0926%/8h= −101.4% APRnext payment −$4.63 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against BingX+0.011%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days+0.170%+$17 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.011%, 7d avg −0.018%
=The price spread pays, funding is against you. Bitget is 0.029% dearer against BingX than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.018%): +$3 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.170%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.63 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 | BingX IOST-USDT | 0.0009071 | −0.0636 | get 0.0318% / 4h | 2h 43m | — | $2.4M | — |
| Short | Bitget IOSTUSDT | 0.0009072 | −0.1562 | pay 0.0781% / 4h | 2h 43m | $654K | $2.3M | 25x |
BingX IOST-USDT
Bitget IOSTUSDTFunding 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
- −$194.46
- Price spread: +0.011% → −0.018%
- $2.94
- Slippage, 4 orders
- −$47.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$260.86
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 4 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, 1 min ago | 2.75 bp | 16.8 bp −$17 | 42.6 bp −$426 | 353.1 bp −$35.3K | 450.7 bp −$225.4K |
| Sell Bitget live order book, 4 min ago | 3.29 bp | 16.3 bp −$16 | 76.7 bp −$767 | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAP | −0.2433% | 4h | 0.0009067 | −0.044% | $1.6M | $4.2M | 10x | as long as short |
| Bybit IOSTUSDT | −0.2075% | 8h | 0.0009074 | +0.033% | $1.9M | $2.0M | 25x | as long as short |
| BloFin IOST-USDT | −0.1842% | 4h | 0.0009098 | +0.298% | $299K | $2.0M | 50x | as long as short |
| MEXC IOST_USDT | −0.1784% | 4h | 0.0009065 | −0.066% | $1.9M | $479K | 50x | as long as short |
| Variational Omni IOST | −0.1782% | 8h | 0.0009110 | +0.434% | $10K | $5K | — | as long as short |
| Binance IOSTUSDT | −0.1776% | 4h | 0.0009066 | −0.055% | $5.9M | $16.3M | 50x | as long as short |
| Bitget IOSTUSDTshort | −0.1562% | 4h | 0.0009072 | +0.011% | $654K | $2.3M | 25x | |
| Gate IOST_USDT | −0.0678% | 4h | 0.0009070 | −0.011% | $721K | $518K | 25x | as long as short |
| BingX IOST-USDTlong | −0.0636% | 4h | 0.0009071 | long leg | — | $2.4M | — |
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
BloFin IOST-USDT
MEXC IOST_USDT
Variational Omni IOST
Binance IOSTUSDT
Gate IOST_USDT