Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.033%
Price spread now: BingX against Bitget+0.081%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1311.305% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.081%, 7d avg −0.041%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.122% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1000SATSUSDT | 0.00000001237 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $719K | $253K | 25x |
| Short | BingX 10000SATS-USDT | 0.00000001238 | 0.0146 | get 0.0073% / 4h | 1h 43m | — | $5.6M | — |
Bitget 1000SATSUSDT
BingX 10000SATS-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
- $9.66
- Price spread: +0.081% → −0.041%
- $12.15
- Slippage, 4 orders
- −$108.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.73
- Costs to cover
- 1.305%
- Break-even
- 85.8 days
Slippage from Bitget: live order book, 62 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, 62 min ago | 4.05 bp | 46.4 bp −$46 | 588.2 bp −$5,882 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 8.08 bp | 29.0 bp −$29 | 78.0 bp −$780 | 677.8 bp −$67.8K | doesn't fit |
SATS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1000SATSUSDT | +0.0100% | 4h | 0.00000001237 | 0.000% | $2.2M | $5.7M | 25x | as long as short |
| Bybit 10000SATSUSDT | +0.0100% | 4h | 0.00000001237 | +0.040% | $286K | $891K | 13x | as long as short |
| Gate SATS_USDT | +0.0100% | 4h | 0.00000001234 | −0.243% | $362K | $264K | 25x | as long as short |
| KuCoin 10000SATSUSDTM | +0.0100% | 4h | 0.00000001236 | −0.081% | $197K | $89K | 10x | as long as short |
| Bitget 1000SATSUSDTlong | +0.0100% | 4h | 0.00000001237 | long leg | $719K | $253K | 25x | |
| OKX SATS-USDT-SWAP | +0.0144% | 8h | 0.00000001237 | −0.024% | $810K | $3.1M | 10x | as long as short |
| MEXC SATS_USDT | +0.0144% | 8h | 0.00000001236 | −0.081% | $376K | $187K | 100x | as long as short |
| BingX 10000SATS-USDTshort | +0.0146% | 4h | 0.00000001238 | +0.081% | — | $5.6M | — |
Binance 1000SATSUSDT
Bybit 10000SATSUSDT
Gate SATS_USDT
KuCoin 10000SATSUSDTM
OKX SATS-USDT-SWAP
MEXC SATS_USDT