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

ORDER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against Bitget0.000%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1631.627% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 4 days (all we have)+0.144%+$14 · spread now 0.000%, 7d avg +0.072%
Together, before fees+0.199%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.072% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORDERUSDT0.040650.0100pay 0.0050% / 4h3h 08m$482K$250K20x
ShortBingX ORDER-USDT0.040650.0100get 0.0050% / 4h3h 08m$1.3M

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

Profit calculator

Funding earned
$0
Price spread: 0.000% → +0.072%
−$7.18
Slippage, 4 orders
−$140.75
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$169.93
Costs to cover
1.627%
Break-even
never at this rate
Slippage from Bitget: live order book, 37 min ago; BingX: live order book, 7 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 Bitget live order book, 37 min ago9.84 bp51.7 bp −$52278.7 bp −$2,787doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago6.13 bp38.4 bp −$38140.7 bp −$1,407715.3 bp −$71.5K975.1 bp −$487.5K

ORDER on 11 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
BloFin ORDER-USDT+0.0082%8h0.04055−0.246%$65K$7K16xas long as short
Binance ORDERUSDT+0.0100%4h0.04060−0.123%$1.4M$1.9M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04049−0.394%$1.3M$724K20xas long as short
OKX ORDER-USDT-SWAP+0.0100%4h0.04057−0.197%$168K$286K20xas long as short
Gate ORDER_USDT+0.0100%4h0.04066+0.025%$76K$46K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04060−0.123%$274K$102K20xas long as short
KuCoin ORDERUSDTM+0.0100%4h0.04064−0.025%$224K$78K30xas long as short
Bitget ORDERUSDTlong+0.0100%4h0.04065long leg$482K$250K20x
BingX ORDER-USDTshort+0.0100%4h0.040650.000%$1.3M
Variational Omni ORDER+0.0100%8h0.04059−0.154%$10K$2Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0557%4h0.04061−0.098%$191K$135K10xas long as short