Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Bitget−0.182%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2622.617% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.182%, 7d avg +0.060%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.241% cheaper against Bitget than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 10000NEXUSDT | 0.000001100 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $122K | $42K | 20x |
| Short | BingX 10000NEX-USDT | 0.000001098 | 0.0070 | get 0.0035% / 4h | 2h 44m | — | $1.6M | — |
Bitget 10000NEXUSDT
BingX 10000NEX-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
- −$6.3
- Price spread: −0.182% → +0.060%
- −$24.14
- Slippage, 4 orders
- −$239.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$292.17
- Costs to cover
- 2.617%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 60 min ago; BingX: live order book, 8 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, 60 min ago | 13.79 bp | 58.4 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 9.17 bp | 87.2 bp −$87 | 410.8 bp −$4,108 | 1033.7 bp −$103.4K | 1267.2 bp −$633.6K |
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-USDTshort | +0.0070% | 4h | 0.000001098 | −0.182% | — | $1.6M | — | |
| Aster 1000NEXUSDT | +0.0100% | 1h | 0.000001083 | −1.578% | $2K | $918 | 3x | as long as short |
| KuCoin NEXUSDTM | +0.0100% | 4h | 0.000001097 | −0.273% | $168K | $636K | 10x | as long as short |
| Bitget 10000NEXUSDTlong | +0.0100% | 4h | 0.000001100 | long leg | $122K | $42K | 20x | |
| Bybit 10000NEXUSDT | +0.1447% | 4h | 0.000001098 | −0.182% | $366K | $48K | 10x | as long as short |
| MEXC NEX_USDT | +0.1512% | 4h | 0.000001097 | −0.273% | $120K | $96K | 20x | as long as short |
Aster 1000NEXUSDT
KuCoin NEXUSDTM
Bybit 10000NEXUSDT
MEXC NEX_USDT