Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.077%
Price spread now: Bitget against BingX−0.168%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.168%, 7d avg −0.038%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.130% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000MOG-USDT | 0.0000001192 | 0.0200 | pay 0.0100% / 4h | 1h 49m | — | $1.4M | — |
| Short | Bitget 1000000MOGUSDT | 0.0000001190 | 0.0100 | get 0.0050% / 4h | 1h 49m | $337K | $161K | 50x |
Funding 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
- −$21
- Price spread: −0.168% → −0.038%
- −$12.98
- Slippage, 4 orders
- −$116.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$172.21
- Costs to cover
- 1.382%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 25 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, 10 min ago | 12.60 bp | 36.7 bp −$37 | 131.6 bp −$1,316 | 673.6 bp −$67.4K | 972.7 bp −$486.4K |
| Sell Bitget live order book, 25 min ago | 12.65 bp | 28.9 bp −$29 | 149.7 bp −$1,497 | doesn't fit | doesn't fit |
MOG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin 1000000MOG-USDT | +0.0060% | 4h | 0.0000001189 | −0.252% | $75K | $14K | 50x | as long as short |
| Binance 1000000MOGUSDT | +0.0100% | 4h | 0.0000001191 | −0.084% | $1.1M | $3.7M | 50x | as long as short |
| Bybit 1000000MOGUSDT | +0.0100% | 4h | 0.0000001195 | +0.268% | $1.6M | $2.2M | 50x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001192 | 0.000% | $432K | $335K | 25x | as long as short |
| MEXC 1000000MOG_USDT | +0.0100% | 4h | 0.0000001191 | −0.084% | $720K | $206K | 100x | as long as short |
| Bitget 1000000MOGUSDTshort | +0.0100% | 4h | 0.0000001190 | −0.168% | $337K | $161K | 50x | |
| Variational Omni 1000000MOG | +0.0100% | 4h | 0.0000001193 | +0.075% | $4K | $10K | — | as long as short |
| BingX 1000000MOG-USDTlong | +0.0200% | 4h | 0.0000001192 | long leg | — | $1.4M | — | |
| Kraken Futures PF_MOGUSD | +0.0605% | 1h | 0.0000001190 | −0.193% | $48K | $41K | 10x | as long as short |
| KuCoin 1000000MOGUSDTM | +0.0720% | 4h | 0.0000001192 | 0.000% | $667K | $149K | 30x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International 1000MOG-PERP-INTX | +0.1640% | 1h | 0.0000001197 | +0.419% | $66K | $9K | 25x | as long as short |
| Deribit 1000MOG_USDC-PERPETUAL | +0.6530% | 1h | 0.0000001188 | −0.336% | $31K | $30K | 10x | as long as short |
BingX 1000000MOG-USDT
Bitget 1000000MOGUSDT
BloFin 1000000MOG-USDT
Binance 1000000MOGUSDT
Bybit 1000000MOGUSDT
Gate MOG_USDT
MEXC 1000000MOG_USDT
Variational Omni 1000000MOG
Kraken Futures PF_MOGUSD
KuCoin 1000000MOGUSDTM
Coinbase International 1000MOG-PERP-INTX
Deribit 1000MOG_USDC-PERPETUAL