Funding you earn now, next payment 12:00 UTC−0.0386%/8h= −42.3% APRnext payment −$1.93 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BingX0.000%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
Funding, last 7 days−0.621%−$62 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now 0.000%, 7d avg −0.038%
=The price spread pays, funding is against you. Bitget is 0.038% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.038%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX POWR-USDT | 0.06351 | 0.0486 | pay 0.0243% / 4h | 1h 59m | — | $1.3M | — |
| Short | Bitget POWRUSDT | 0.06351 | 0.0100 | get 0.0050% / 4h | 1h 59m | $368K | $197K | 50x |
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
- −$81.06
- Price spread: 0.000% → −0.038%
- $3.81
- Slippage, 4 orders
- −$142.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$241.66
- Costs to cover
- 1.644%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 47 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, 10 min ago | 3.15 bp | 31.0 bp −$31 | 126.5 bp −$1,265 | 461.3 bp −$46.1K | 514.2 bp −$257.1K |
| Sell Bitget live order book, 47 min ago | 9.46 bp | 50.3 bp −$50 | 244.9 bp −$2,449 | doesn't fit | doesn't fit |
POWR on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster POWRUSDT | +0.0100% | 4h | 0.06349 | −0.039% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDT | +0.0100% | 4h | 0.06349 | −0.039% | $1.4M | $2.1M | 50x | as long as short |
| Gate POWR_USDT | +0.0100% | 4h | 0.06335 | −0.252% | $106K | $25K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06350 | −0.016% | $1.1M | $109K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06377 | +0.409% | $637K | $99K | 30x | as long as short |
| Bitget POWRUSDTshort | +0.0100% | 4h | 0.06351 | 0.000% | $368K | $197K | 50x | |
| Variational Omni POWR | +0.0126% | 4h | 0.06343 | −0.126% | $509 | $2K | — | as long as short |
| Kraken Futures PF_POWRUSD | +0.0286% | 1h | 0.06364 | +0.203% | $16K | $11K | 10x | as long as short |
| Bybit POWRUSDT | +0.0293% | 4h | 0.06344 | −0.110% | $906K | $514K | 13x | as long as short |
| BingX POWR-USDTlong | +0.0486% | 4h | 0.06351 | long leg | — | $1.3M | — |
BingX POWR-USDT
Bitget POWRUSDT
Aster POWRUSDT
Binance POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Variational Omni POWR
Kraken Futures PF_POWRUSD
Bybit POWRUSDT