Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Bitget+0.025%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1241.236% of the position
Funding, last 7 days−0.310%−$31 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.025%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PUNDIXUSDT | 0.1183 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $229K | $218K | 20x |
| Short | BingX PUNDIX-USDT | 0.1184 | 0.0070 | get 0.0035% / 4h | 3h 31m | — | $1.2M | — |
Bitget PUNDIXUSDT
BingX PUNDIX-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
- −$6.3
- Price spread: +0.025% → +0.042%
- −$1.66
- Slippage, 4 orders
- −$101.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$131.54
- Costs to cover
- 1.236%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 13 min ago; BingX: live order book, 10 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, 13 min ago | 2.95 bp | 22.5 bp −$23 | 221.2 bp −$2,212 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.95 bp | 34.4 bp −$34 | 110.9 bp −$1,109 | 642.2 bp −$64.2K | 1193.1 bp −$596.5K |
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDTshort | +0.0070% | 4h | 0.1184 | +0.025% | — | $1.2M | — | |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1183 | −0.025% | $1.4M | $1.7M | 50x | as long as short |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1186 | +0.194% | $756K | $426K | 20x | as long as short |
| Gate PUNDIX_USDT | +0.0100% | 4h | 0.1182 | −0.110% | $37K | $10K | 20x | as long as short |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1183 | −0.034% | $2.4M | $105K | 50x | as long as short |
| Bitget PUNDIXUSDTlong | +0.0100% | 4h | 0.1183 | long leg | $229K | $218K | 20x | |
| Variational Omni PUNDIX | +0.0115% | 4h | 0.1186 | +0.202% | $2K | $36K | — | as long as short |
Binance PUNDIXUSDT
Bybit PUNDIXUSDT
Gate PUNDIX_USDT
MEXC PUNDIX_USDT
Variational Omni PUNDIX