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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX OG-USDT | 2.8240 | 0.0202 | pay 0.0101% / 4h | 2h 11m | — | $6.5M | — |
| Short | Bitget OGUSDT | 2.8236 | 0.0100 | get 0.0050% / 4h | 2h 11m | $255K | $129K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 9 min ago | 7.09 bp | 33.5 bp −$34 | 94.5 bp −$945 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 48 min ago | 8.51 bp | 30.3 bp −$30 | 134.9 bp −$1,349 | doesn't fit | doesn't fit |
OG on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance OGUSDT | +0.0100% | 4h | 2.8230 | −0.035% | $1.9M | $1.1M | 25x | as long as short |
| Gate OG_USDT | +0.0100% | 4h | 2.8190 | −0.177% | $97K | $30K | 25x | as long as short |
| MEXC OG_USDT | +0.0100% | 4h | 2.8230 | −0.035% | $745K | $228K | 50x | as long as short |
| KuCoin OGUSDTM | +0.0100% | 4h | 2.8232 | −0.028% | $170K | $73K | 25x | as long as short |
| Bitget OGUSDTshort | +0.0100% | 4h | 2.8236 | −0.014% | $255K | $129K | 20x | |
| Variational Omni OG | +0.0100% | 8h | 2.8270 | +0.105% | $1K | $262 | — | as long as short |
| Bybit OGUSDT | +0.0182% | 8h | 2.8260 | +0.071% | $529K | $179K | 13x | as long as short |
| BingX OG-USDTlong | +0.0202% | 4h | 2.8240 | long leg | — | $6.5M | — |
BingX OG-USDT
Bitget OGUSDT
Binance OGUSDT
Gate OG_USDT
MEXC OG_USDT
KuCoin OGUSDTM
Variational Omni OG
Bybit OGUSDT