Funding you earn now, next payment 04:00 UTC−0.0366%/8h= −40.1% APRnext payment −$1.83 per $10,000 · paid last 24h −0.134%
Price spread now: Bitget against BingX+0.458%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$2122.120% of the position
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 7 days−0.322%−$32 · spread now +0.458%, 7d avg +0.188%
=The price spread pays, funding is against you. Bitget is 0.270% dearer against BingX than usual: you sell high and buy low (spread +0.458% now, against its 7-day average of +0.188%): +$27 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.342% in total) that is about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NAORIS-USDT | 0.03715 | 0.0466 | pay 0.0233% / 4h | 1h 44m | — | $1.3M | — |
| Short | Bitget NAORISUSDT | 0.03732 | 0.0100 | get 0.0050% / 4h | 1h 44m | $3.3M | $239K | 10x |
BingX NAORIS-USDT
Bitget NAORISUSDTFunding 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
- −$76.86
- Price spread: +0.458% → +0.188%
- $27
- Slippage, 4 orders
- −$190.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$261.88
- Costs to cover
- 2.120%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Bitget: live order book, 3 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, 16 min ago | 6.72 bp | 49.3 bp −$49 | 403.8 bp −$4,038 | 1121.0 bp −$112.1K | 1362.2 bp −$681.1K |
| Sell Bitget live order book, 3 min ago | 13.45 bp | 48.6 bp −$49 | 532.7 bp −$5,327 | doesn't fit | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03715 | 0.000% | $1.1M | $492K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03714 | −0.027% | $289K | $16K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03715 | 0.000% | $438K | $28K | 10x | as long as short |
| Bitget NAORISUSDTshort | +0.0100% | 4h | 0.03732 | +0.458% | $3.3M | $239K | 10x | |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03715 | −0.004% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0343% | 4h | 0.03710 | −0.139% | $5K | $5K | 5x | as long as short |
| BloFin NAORIS-USDT | +0.0435% | 4h | 0.03709 | −0.162% | $286K | $10K | 10x | as long as short |
| BingX NAORIS-USDTlong | +0.0466% | 4h | 0.03715 | long leg | — | $1.3M | — | |
| MEXC NAORIS_USDT | +0.0480% | 4h | 0.03720 | +0.135% | $4.3M | $217K | 100x | as long as short |
| Extended NAORIS-USD | +0.0488% | 1h | 0.03716 | +0.019% | $3K | $94K | 5x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Variational Omni NAORIS
Aster NAORISUSDT
BloFin NAORIS-USDT
MEXC NAORIS_USDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NAORISUSDT | +0.0488% | 4h | 0.03718 | +0.081% | $5.0M | $1.3M | 10x | as long as short |
Binance NAORISUSDT