Funding you earn now, next payment 08:00 UTC+0.1538%/8h= +168.4% APRnext payment +$7.69 per $10,000 · paid last 24h +0.229%
Price spread now: BingX against Bitget+0.268%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days+0.365%+$37 on $10k
+Price spread, last 7 days−0.233%−$23 · spread now +0.268%, 7d avg +0.015%
=Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and BingX is 0.254% dearer against Bitget than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.015%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.365% in total (about 19.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PROVEUSDT | 0.2237 | −0.1438 | get 0.0719% / 4h | 2h 31m | $619K | $3.8M | 50x |
| Short | BingX PROVE-USDT | 0.2243 | 0.0100 | get 0.0050% / 4h | 2h 31m | — | $2.5M | — |
Bitget PROVEUSDT
BingX PROVE-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
- $322.98
- Price spread: +0.268% → +0.015%
- $25.36
- Slippage, 4 orders
- −$72.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $253.97
- Costs to cover
- 0.944%
- Break-even
- 1.5 days
Slippage from Bitget: live order book, 1 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, 1 min ago | 4.45 bp | 19.6 bp −$20 | 61.4 bp −$614 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.65 bp | 29.6 bp −$30 | 74.7 bp −$747 | 707.5 bp −$70.7K | doesn't fit |
PROVE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROVEUSDT | −0.1871% | 4h | 0.2243 | +0.268% | $37K | $219K | 5x | as long as short |
| ApeX Omni PROVEUSDT | −0.1800% | 1h | 0.2256 | +0.869% | $15K | $314K | 50x | as long as short |
| OKX PROVE-USDT-SWAP | −0.1511% | 4h | 0.2241 | +0.179% | $625K | $6.5M | 20x | as long as short |
| Binance PROVEUSDT | −0.1490% | 4h | 0.2239 | +0.089% | $3.4M | $30.6M | 75x | as long as short |
| MEXC PROVE_USDT | −0.1490% | 4h | 0.2240 | +0.134% | $272K | $388K | 20x | as long as short |
| Bitget PROVEUSDTlong | −0.1438% | 4h | 0.2237 | long leg | $619K | $3.8M | 50x | |
| Gate PROVE_USDT | −0.1076% | 4h | 0.2241 | +0.179% | $159K | $659K | 75x | as long as short |
| KuCoin PROVEUSDTM | −0.1050% | 4h | 0.2244 | +0.308% | $2.7M | $691K | 50x | as long as short |
| GRVT PROVE_USDT_Perp | −0.0826% | 4h | 0.2257 | +0.910% | $212K | $3.1M | 10x | as long as short |
| Hyperliquid PROVE | −0.0354% | 1h | 0.2244 | +0.308% | $318K | $727K | 3x | as long as short |
Aster PROVEUSDT
ApeX Omni PROVEUSDT
OKX PROVE-USDT-SWAP
Binance PROVEUSDT
MEXC PROVE_USDT
Gate PROVE_USDT
KuCoin PROVEUSDTM
GRVT PROVE_USDT_Perp
Hyperliquid PROVEShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter PROVE | +0.0096% | 1h | 0.2252 | +0.688% | $78K | $129K | 3x | as long as short |
| Bybit PROVEUSDT | +0.0100% | 4h | 0.2246 | +0.402% | $2.1M | $9.0M | 25x | as long as short |
| BingX PROVE-USDTshort | +0.0100% | 4h | 0.2243 | +0.268% | — | $2.5M | — | |
| Variational Omni PROVE | +0.0100% | 4h | 0.2259 | +0.990% | $27K | $44K | — | as long as short |
Lighter PROVE
Bybit PROVEUSDT
Variational Omni PROVE