Funding you earn now, next payment 12:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Bitget0.000%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1551.547% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now 0.000%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.038% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAREUSDT | 0.01323 | 0.0100 | pay 0.0050% / 4h | 3h 23m | $231K | $75K | 20x |
| Short | BingX RARE-USDT | 0.01323 | 0.0070 | get 0.0035% / 4h | 3h 23m | — | $1.3M | — |
Bitget RAREUSDT
BingX RARE-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: 0.000% → +0.038%
- −$3.78
- Slippage, 4 orders
- −$132.68
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$164.76
- Costs to cover
- 1.547%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 7 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 | 3.80 bp | 34.1 bp −$34 | 629.5 bp −$6,295 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 11.41 bp | 43.4 bp −$43 | 130.7 bp −$1,307 | 691.9 bp −$69.2K | doesn't fit |
RARE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDTshort | +0.0070% | 4h | 0.01323 | 0.000% | — | $1.3M | — | |
| Aster RAREUSDT | +0.0100% | 4h | 0.01322 | −0.080% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01324 | +0.076% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01323 | −0.015% | $310K | $90K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01320 | −0.227% | $49K | $25K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01323 | 0.000% | $637K | $177K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01321 | −0.151% | $204K | $70K | 30x | as long as short |
| Bitget RAREUSDTlong | +0.0100% | 4h | 0.01323 | long leg | $231K | $75K | 20x | |
| Variational Omni RARE | +0.0100% | 4h | 0.01316 | −0.496% | $1K | $923 | — | as long as short |
| BloFin RARE-USDT | +0.0142% | 4h | 0.01318 | −0.378% | $105K | $19K | 25x | as long as short |
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Variational Omni RARE
BloFin RARE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +3.9497% | 1h | 0.01337 | +1.044% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD