Funding you earn now, next payment 04:00 UTC+0.0414%/8h= +45.3% APRnext payment +$2.07 per $10,000 · paid last 24h +0.135%
Price spread now: BingX against Bitget−0.135%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2822.818% of the position
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.135%, 7d avg −0.187%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.052% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NAORISUSDT | 0.03714 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $3.3M | $239K | 10x |
| Short | BingX NAORIS-USDT | 0.03709 | 0.0514 | get 0.0257% / 4h | 2h 31m | — | $1.3M | — |
Bitget NAORISUSDT
BingX NAORIS-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
- $86.94
- Price spread: −0.135% → −0.187%
- $5.25
- Slippage, 4 orders
- −$259.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$189.66
- Costs to cover
- 2.818%
- Break-even
- 22.3 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 5 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, 1 min ago | 18.84 bp | 72.4 bp −$72 | 586.9 bp −$5,869 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 13.47 bp | 70.8 bp −$71 | 379.9 bp −$3,799 | 1302.5 bp −$130.2K | doesn't fit |
NAORIS on 10 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 | 0.03704 | −0.269% | $1.1M | $496K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03706 | −0.215% | $289K | $17K | 20x | as long as short |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03708 | −0.162% | $437K | $28K | 10x | as long as short |
| Bitget NAORISUSDTlong | +0.0100% | 4h | 0.03714 | long leg | $3.3M | $239K | 10x | |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03711 | −0.083% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0364% | 4h | 0.03702 | −0.311% | $5K | $5K | 5x | as long as short |
| MEXC NAORIS_USDT | +0.0494% | 4h | 0.03706 | −0.215% | $4.3M | $229K | 100x | as long as short |
| Binance NAORISUSDT | +0.0496% | 4h | 0.03707 | −0.188% | $5.0M | $1.4M | 10x | as long as short |
| Extended NAORIS-USD | +0.0496% | 1h | 0.03708 | −0.163% | $3K | $102K | 5x | as long as short |
| BingX NAORIS-USDTshort | +0.0514% | 4h | 0.03709 | −0.135% | — | $1.3M | — |
Bybit NAORISUSDT
Gate NAORIS_USDT
KuCoin NAORISUSDTM
Variational Omni NAORIS
Aster NAORISUSDT
MEXC NAORIS_USDT
Binance NAORISUSDT
Extended NAORIS-USD