Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BingX+0.091%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$231as in the Price arb table
costs, in and out, $10k−$2462.462% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.091%, 7d avg −0.058%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.149% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 10000NEX-USDT | 0.000001094 | 0.0070 | pay 0.0035% / 4h | 3h 40m | — | $1.6M | — |
| Short | Bitget 10000NEXUSDT | 0.000001095 | 0.0100 | get 0.0050% / 4h | 3h 40m | $121K | $43K | 20x |
BingX 10000NEX-USDT
Bitget 10000NEXUSDTFunding 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
- $6.3
- Price spread: +0.091% → −0.058%
- $14.9
- Slippage, 4 orders
- −$224.22
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$225.02
- Costs to cover
- 2.462%
- Break-even
- 257.0 days
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 49 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, 7 min ago | 9.14 bp | 60.2 bp −$60 | 190.1 bp −$1,901 | 372.9 bp −$37.3K | 728.4 bp −$364.2K |
| Sell Bitget live order book, 49 min ago | 9.15 bp | 77.1 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
NEX on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 10000NEX-USDTlong | +0.0070% | 4h | 0.000001094 | long leg | — | $1.6M | — | |
| Aster 1000NEXUSDT | +0.0100% | 1h | 0.000001087 | −0.657% | $2K | $918 | 3x | as long as short |
| Bybit 10000NEXUSDT | +0.0100% | 4h | 0.000001094 | 0.000% | $362K | $58K | 10x | as long as short |
| MEXC NEX_USDT | +0.0100% | 4h | 0.000001093 | −0.091% | $119K | $92K | 20x | as long as short |
| KuCoin NEXUSDTM | +0.0100% | 4h | 0.000001089 | −0.457% | $168K | $623K | 10x | as long as short |
| Bitget 10000NEXUSDTshort | +0.0100% | 4h | 0.000001095 | +0.091% | $121K | $43K | 20x |
Aster 1000NEXUSDT
Bybit 10000NEXUSDT
MEXC NEX_USDT
KuCoin NEXUSDTM