Funding you earn now, next payment 08:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h −0.232%
Price spread now: Bitget against BingX−0.241%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2252.254% of the position
Funding, last 7 days−0.449%−$45 on $10k
+Price spread, last 7 days+0.190%+$19 · spread now −0.241%, 7d avg −0.041%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.200% cheaper against BingX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX Q-USDT | 0.02571 | 0.0322 | pay 0.0161% / 4h | 2h 00m | — | $1.3M | — |
| Short | Bitget QUSDT | 0.02565 | 0.0100 | get 0.0050% / 4h | 2h 00m | $2.3M | $142K | 20x |
BingX Q-USDT
Bitget QUSDTFunding 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
- −$46.62
- Price spread: −0.241% → −0.041%
- −$19.99
- Slippage, 4 orders
- −$203.43
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$292.04
- Costs to cover
- 2.254%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Bitget: live order book, 1 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, 15 min ago | 17.50 bp | 53.3 bp −$53 | 218.3 bp −$2,183 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.78 bp | 29.1 bp −$29 | 447.2 bp −$4,472 | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin Q-USDT | +0.0073% | 4h | 0.02564 | −0.280% | $385K | $71K | 40x | as long as short |
| Aster QUSDT | +0.0100% | 4h | 0.02563 | −0.282% | $59K | $45K | 5x | as long as short |
| Gate Q_USDT | +0.0100% | 4h | 0.02561 | −0.358% | $1.2M | $306K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02558 | −0.490% | $681K | $19K | 20x | as long as short |
| Bitget QUSDTshort | +0.0100% | 4h | 0.02565 | −0.241% | $2.3M | $142K | 20x | |
| MEXC Q_USDT | +0.0120% | 4h | 0.02567 | −0.163% | $122K | $89K | 50x | as long as short |
| Binance QUSDT | +0.0128% | 4h | 0.02567 | −0.147% | $7.1M | $1.4M | 20x | as long as short |
| Extended Q-USD | +0.0128% | 1h | 0.02566 | −0.178% | $11K | $250K | 5x | as long as short |
| BingX Q-USDTlong | +0.0322% | 4h | 0.02571 | long leg | — | $1.3M | — | |
| Bybit QUSDT | +0.0324% | 4h | 0.02563 | −0.300% | $1.6M | $396K | 13x | as long as short |
BloFin Q-USDT
Aster QUSDT
Gate Q_USDT
KuCoin QUSDTM
MEXC Q_USDT
Binance QUSDT
Extended Q-USD
Bybit QUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni Q | +0.0499% | 4h | 0.02560 | −0.434% | $618 | $2K | — | as long as short |
Variational Omni Q