Settings8H · net · $10k
Funding arb · Price arb /

OG

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0102%/8h= −11.2% APRnext payment $0.51 per $10,000 · paid last 24h −0.062%
Price spread now: Bitget against BingX−0.014%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1351.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.127%−$13 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.014%, 7d avg −0.017%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX OG-USDT2.82400.0202pay 0.0101% / 4h2h 11m$6.5M
ShortBitget OGUSDT2.82360.0100get 0.0050% / 4h2h 11m$255K$129K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21.42
Price spread: −0.014% → −0.017%
$0.32
Slippage, 4 orders
−$113.19
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$156.29
Costs to cover
1.352%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago7.09 bp33.5 bp −$3494.5 bp −$945doesn't fitdoesn't fit
Sell Bitget live order book, 48 min ago8.51 bp30.3 bp −$30134.9 bp −$1,349doesn't fitdoesn't fit

OG on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance OGUSDT+0.0100%4h2.8230−0.035%$1.9M$1.1M25xas long as short
Gate OG_USDT+0.0100%4h2.8190−0.177%$97K$30K25xas long as short
MEXC OG_USDT+0.0100%4h2.8230−0.035%$745K$228K50xas long as short
KuCoin OGUSDTM+0.0100%4h2.8232−0.028%$170K$73K25xas long as short
Bitget OGUSDTshort+0.0100%4h2.8236−0.014%$255K$129K20x
Variational Omni OG+0.0100%8h2.8270+0.105%$1K$262as long as short
Bybit OGUSDT+0.0182%8h2.8260+0.071%$529K$179K13xas long as short
BingX OG-USDTlong+0.0202%4h2.8240long leg$6.5M