Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.034%
Price spread now: BingX against Bitget−0.083%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1601.596% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days+0.117%+$12 · spread now −0.083%, 7d avg −0.047%
=Funding pays, the price is against you. BingX is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.047%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.040% in total) that is about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget LUMIAUSDT | 0.08439 | 0.0220 | pay 0.0110% / 4h | 3h 10m | $2.7M | $340K | 10x |
| Short | BingX LUMIA-USDT | 0.08432 | 0.0326 | get 0.0163% / 4h | 3h 10m | — | $1.3M | — |
Bitget LUMIAUSDT
BingX LUMIA-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
- $22.26
- Price spread: −0.083% → −0.047%
- −$3.63
- Slippage, 4 orders
- −$137.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$140.99
- Costs to cover
- 1.596%
- Break-even
- 51.3 days
Slippage from Bitget: live order book, 2 min ago; BingX: 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 Bitget live order book, 2 min ago | 6.51 bp | 39.4 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.93 bp | 36.7 bp −$37 | 306.6 bp −$3,066 | 656.1 bp −$65.6K | 872.9 bp −$436.5K |
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 | 0.08438 | −0.013% | $989K | $2K | 5x | as long as short |
| Binance LUMIAUSDT | +0.0100% | 4h | 0.08422 | −0.197% | $4.8M | $1.9M | 10x | as long as short |
| Gate LUMIA_USDT | +0.0100% | 4h | 0.08432 | −0.083% | $305K | $38K | 20x | as long as short |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08424 | −0.178% | $188K | $125K | 100x | as long as short |
| Bitget LUMIAUSDTlong | +0.0220% | 4h | 0.08439 | long leg | $2.7M | $340K | 10x | |
| Variational Omni LUMIA | +0.0236% | 4h | 0.08451 | +0.147% | $6K | $5K | — | as long as short |
| BingX LUMIA-USDTshort | +0.0326% | 4h | 0.08432 | −0.083% | — | $1.3M | — | |
| Bybit LUMIAUSDT | +0.0440% | 4h | 0.08439 | 0.000% | $730K | $304K | 25x | as long as short |
Aster LUMIAUSDT
Binance LUMIAUSDT
Gate LUMIA_USDT
MEXC LUMIA_USDT
Variational Omni LUMIA
Bybit LUMIAUSDT