Funding you earn now, next payment 04:00 UTC−0.0728%/8h= −79.7% APRnext payment −$0.91 per $10,000 · paid last 24h −0.244%
Price spread now: Bitget against BingX−0.862%7-day average −0.387% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
Funding, last 7 days−1.639%−$164 on $10k
+Price spread, last 7 days+0.339%+$34 · spread now −0.862%, 7d avg −0.387%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bitget is 0.474% cheaper against BingX than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of −0.387%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004166 | −0.0008 | get 0.0001% / 1h | 32m 11s | — | $5.9M | — |
| Short | Bitget ONEUSDT | 0.004130 | −0.0736 | pay 0.0092% / 1h | 32m 11s | $1.9M | $32.3M | 20x |
BingX ONE-USDT
Bitget ONEUSDTFunding 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
- −$152.88
- Price spread: −0.862% → −0.387%
- −$47.44
- Slippage, 4 orders
- −$83.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$306.01
- Costs to cover
- 1.057%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 2 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, 3 min ago | 2.39 bp | 11.4 bp −$11 | 32.4 bp −$324 | 594.9 bp −$59.5K | doesn't fit |
| Sell Bitget live order book, 2 min ago | 2.51 bp | 26.4 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −4.8413% | 1h | 0.005035 | +20.865% | $5.9M | $235.7M | 10x | as long as short |
| KuCoin ONEUSDTM | −0.3384% | 1h | 0.004289 | +2.957% | $4.1M | $12.4M | 30x | as long as short |
| Aster ONEUSDT | −0.1917% | 1h | 0.004115 | −1.219% | $2.2M | $5.8M | 5x | as long as short |
| Gate ONE_USDT | −0.1199% | 8h | 0.004082 | −2.012% | $1.7M | $15.4M | 20x | as long as short |
| Bitget ONEUSDTshort | −0.0736% | 1h | 0.004130 | −0.862% | $1.9M | $32.3M | 20x | |
| BloFin ONE-USDT | −0.0309% | 1h | 0.004150 | −0.377% | $819K | $2.5M | 50x | as long as short |
| Variational Omni ONE | −0.0226% | 1h | 0.004191 | +0.614% | $104K | $51K | — | as long as short |
| Binance ONEUSDT | −0.0078% | 1h | 0.004107 | −1.411% | $14.2M | $335.0M | 50x | as long as short |
| MEXC ONE_USDT | −0.0072% | 1h | 0.004111 | −1.323% | $11.0M | $15.4M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0008% | 1h | 0.004166 | long leg | — | $5.9M | — |
OKX ONE-USDT-SWAP
KuCoin ONEUSDTM
Aster ONEUSDT
Gate ONE_USDT
BloFin ONE-USDT
Variational Omni ONE
Binance ONEUSDT
MEXC ONE_USDT