Funding you earn now, next payment 12:00 UTC+0.0662%/8h= +72.5% APRnext payment +$3.31 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Bitget−0.031%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1721.716% 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 −0.031%, 7d avg +0.038%
=Funding pays, the price is against you. BingX is 0.070% cheaper against Bitget than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.038%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.621% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget POWRUSDT | 0.06356 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $370K | $201K | 50x |
| Short | BingX POWR-USDT | 0.06354 | 0.0762 | get 0.0381% / 4h | 2h 21m | — | $1.3M | — |
Bitget POWRUSDT
BingX POWR-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $139.02
- Price spread: −0.031% → +0.038%
- −$6.96
- Slippage, 4 orders
- −$149.56
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$39.49
- Costs to cover
- 1.716%
- Break-even
- 9.0 days
Slippage from Bitget: live order book, 25 min ago; BingX: live order book, 3 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 Bitget live order book, 25 min ago | 9.46 bp | 47.1 bp −$47 | 351.1 bp −$3,511 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 1.57 bp | 45.8 bp −$46 | 129.3 bp −$1,293 | 444.3 bp −$44.4K | 490.9 bp −$245.4K |
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 | 0.06354 | −0.034% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDT | +0.0100% | 4h | 0.06358 | +0.031% | $1.4M | $2.1M | 50x | as long as short |
| Gate POWR_USDT | +0.0100% | 4h | 0.06342 | −0.220% | $106K | $26K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06358 | +0.031% | $1.1M | $113K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06378 | +0.346% | $637K | $101K | 30x | as long as short |
| Bitget POWRUSDTlong | +0.0100% | 4h | 0.06356 | long leg | $370K | $201K | 50x | |
| Variational Omni POWR | +0.0360% | 4h | 0.06347 | −0.138% | $508 | $2K | — | as long as short |
| Bybit POWRUSDT | +0.0740% | 4h | 0.06350 | −0.094% | $907K | $524K | 13x | as long as short |
| BingX POWR-USDTshort | +0.0762% | 4h | 0.06354 | −0.031% | — | $1.3M | — | |
| Kraken Futures PF_POWRUSD | +0.1719% | 1h | 0.06375 | +0.304% | $16K | $11K | 10x | as long as short |
Aster POWRUSDT
Binance POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Variational Omni POWR
Bybit POWRUSDT
Kraken Futures PF_POWRUSD