Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against BingX−0.050%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1721.717% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.050%, 7d avg −0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.025% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDER-USDT | 0.04027 | 0.0100 | pay 0.0050% / 4h | 3h 44m | — | $1.3M | — |
| Short | Bitget ORDERUSDT | 0.04025 | 0.0100 | get 0.0050% / 4h | 3h 44m | $478K | $200K | 20x |
BingX ORDER-USDT
Bitget ORDERUSDTFunding 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
- $0
- Price spread: −0.050% → −0.075%
- $2.53
- Slippage, 4 orders
- −$149.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$169.19
- Costs to cover
- 1.717%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 21 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, 6 min ago | 7.50 bp | 41.4 bp −$41 | 157.0 bp −$1,570 | 591.9 bp −$59.2K | 787.4 bp −$393.7K |
| Sell Bitget live order book, 21 min ago | 9.99 bp | 40.3 bp −$40 | 222.2 bp −$2,222 | doesn't fit | doesn't fit |
ORDER on 11 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 ORDERUSDT | +0.0100% | 4h | 0.04033 | +0.149% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04019 | −0.199% | $1.3M | $580K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04027 | 0.000% | $163K | $279K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04010 | −0.422% | $74K | $70K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04035 | +0.199% | $272K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04025 | −0.050% | $221K | $82K | 30x | as long as short |
| Bitget ORDERUSDTshort | +0.0100% | 4h | 0.04025 | −0.050% | $478K | $200K | 20x | |
| BingX ORDER-USDTlong | +0.0100% | 4h | 0.04027 | long leg | — | $1.3M | — | |
| Variational Omni ORDER | +0.0100% | 8h | 0.04009 | −0.438% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0128% | 8h | 0.04005 | −0.546% | $66K | $7K | 16x | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Variational Omni ORDER
BloFin ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0858% | 4h | 0.04031 | +0.099% | $190K | $216K | 10x | as long as short |
Orderly PERP_ORDER_USDC