Funding you earn now, next payment 04:00 UTC−0.0244%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.021%
Price spread now: Bitget against BingX+0.118%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1111.109% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days−0.080%−$8 · spread now +0.118%, 7d avg +0.048%
=The price spread pays, funding is against you. Bitget is 0.070% dearer against BingX than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.048%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.028% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.22 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 LUMIA-USDT | 0.08509 | 0.0490 | pay 0.0245% / 4h | 1m 31s | — | $1.3M | — |
| Short | Bitget LUMIAUSDT | 0.08519 | 0.0246 | get 0.0123% / 4h | 1m 31s | $2.7M | $338K | 10x |
BingX LUMIA-USDT
Bitget LUMIAUSDTFunding 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
- −$51.24
- Price spread: +0.118% → +0.048%
- $6.99
- Slippage, 4 orders
- −$88.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$155.1
- Costs to cover
- 1.109%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 6 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, 4 min ago | 4.11 bp | 22.5 bp −$23 | 273.8 bp −$2,738 | 730.1 bp −$73.0K | 982.6 bp −$491.3K |
| Sell Bitget live order book, 6 min ago | 4.69 bp | 21.9 bp −$22 | 359.2 bp −$3,592 | doesn't fit | doesn't fit |
LUMIA 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 LUMIAUSDT | +0.0100% | 4h | 0.08500 | −0.102% | $996K | $2K | 5x | as long as short |
| Binance LUMIAUSDT | +0.0100% | 4h | 0.08499 | −0.114% | $4.9M | $1.9M | 10x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08502 | −0.082% | $193K | $125K | 100x | as long as short |
| Gate LUMIA_USDT | +0.0110% | 4h | 0.08500 | −0.106% | $307K | $37K | 20x | as long as short |
| Bitget LUMIAUSDTshort | +0.0246% | 4h | 0.08519 | +0.118% | $2.7M | $338K | 10x | |
| Variational Omni LUMIA | +0.0387% | 4h | 0.08517 | +0.088% | $6K | $5K | — | as long as short |
| BingX LUMIA-USDTlong | +0.0490% | 4h | 0.08509 | long leg | — | $1.3M | — | |
| Bybit LUMIAUSDT | +0.0504% | 4h | 0.08522 | +0.153% | $739K | $300K | 25x | as long as short |
Aster LUMIAUSDT
Binance LUMIAUSDT
MEXC LUMIA_USDT
Gate LUMIA_USDT
Variational Omni LUMIA
Bybit LUMIAUSDT