Funding you earn now, next payment 04:00 UTC+0.0738%/8h= +80.8% APRnext payment +$3.69 per $10,000 · paid last 24h +0.204%
Price spread now: BingX against Bitget+0.264%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2602.600% of the position
Funding, last 7 days+0.412%+$41 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.264%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and BingX is 0.222% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.042%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.412% in total (about 21.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.69 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 QUSDT | 0.02581 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $2.3M | $125K | 20x |
| Short | BingX Q-USDT | 0.02587 | 0.0838 | get 0.0419% / 4h | 1h 19m | — | $1.3M | — |
Bitget QUSDT
BingX Q-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
- $154.98
- Price spread: +0.264% → +0.042%
- $22.19
- Slippage, 4 orders
- −$237.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$82.78
- Costs to cover
- 2.600%
- Break-even
- 10.7 days
Slippage from Bitget: live order book, 3 min ago; BingX: 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 Bitget live order book, 3 min ago | 7.95 bp | 41.3 bp −$41 | 504.3 bp −$5,043 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 27.64 bp | 83.2 bp −$83 | 216.9 bp −$2,169 | 1264.0 bp −$126.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02577 | −0.155% | $1.2M | $282K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02575 | −0.217% | $681K | $19K | 20x | as long as short |
| Bitget QUSDTlong | +0.0100% | 4h | 0.02581 | long leg | $2.3M | $125K | 20x | |
| BloFin Q-USDT | +0.0816% | 4h | 0.02580 | −0.012% | $385K | $72K | 40x | as long as short |
| Variational Omni Q | +0.0832% | 4h | 0.02580 | −0.042% | $621 | $2K | — | as long as short |
| BingX Q-USDTshort | +0.0838% | 4h | 0.02587 | +0.264% | — | $1.3M | — | |
| Binance QUSDT | +0.0849% | 4h | 0.02582 | +0.035% | $7.1M | $1.4M | 20x | as long as short |
| MEXC Q_USDT | +0.0860% | 4h | 0.02581 | +0.023% | $123K | $88K | 50x | as long as short |
| Extended Q-USD | +0.0864% | 1h | 0.02581 | +0.014% | $9K | $165K | 5x | as long as short |
| Aster QUSDT | +0.0866% | 4h | 0.02578 | −0.109% | $60K | $52K | 5x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
BloFin Q-USDT
Variational Omni Q
Binance QUSDT
MEXC Q_USDT
Extended Q-USD
Aster QUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QUSDT | +0.1075% | 4h | 0.02581 | +0.016% | $1.6M | $366K | 13x | as long as short |
Bybit QUSDT