Funding you earn now, next payment 04:00 UTC−0.1154%/8h= −126.4% APRnext payment −$5.77 per $10,000 · paid last 24h −0.056%
Price spread now: Bitget against BingX+0.701%7-day average +0.368% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1341.345% of the position
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 7 days−0.370%−$37 · spread now +0.701%, 7d avg +0.368%
=The price spread pays, funding is against you. Bitget is 0.334% dearer against BingX than usual: you sell high and buy low (spread +0.701% now, against its 7-day average of +0.368%): +$33 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.333% in total) that is about 7.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.333% in total (about -17.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.77 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 | BingX SIREN-USDT | 0.02424 | 0.2166 | pay 0.1083% / 4h | 1h 43m | — | $2.3M | — |
| Short | Bitget SIRENUSDT | 0.02441 | 0.1012 | get 0.0506% / 4h | 1h 43m | $2.8M | $1.3M | 10x |
BingX SIREN-USDT
Bitget SIRENUSDTFunding 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
- −$242.34
- Price spread: +0.701% → +0.368%
- $33.37
- Slippage, 4 orders
- −$112.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$343.45
- Costs to cover
- 1.345%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 8.26 bp | 32.1 bp −$32 | 125.7 bp −$1,257 | 746.5 bp −$74.6K | 1128.9 bp −$564.4K |
| Sell Bitget live order book, 4 min ago | 10.27 bp | 27.2 bp −$27 | 428.3 bp −$4,283 | doesn't fit | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02423 | −0.041% | $2K | $1.0M | 20x | as long as short |
| Bitget SIRENUSDTshort | +0.1012% | 4h | 0.02441 | +0.701% | $2.8M | $1.3M | 10x | |
| KuCoin SIRENUSDTM | +0.1716% | 4h | 0.02429 | +0.206% | $992K | $390K | 10x | as long as short |
| Aster SIRENUSDT | +0.2123% | 4h | 0.02423 | −0.024% | $213K | $82K | 5x | as long as short |
| Binance SIRENUSDT | +0.2129% | 4h | 0.02424 | −0.009% | $8.4M | $3.3M | 10x | as long as short |
| MEXC SIREN_USDT | +0.2138% | 4h | 0.02423 | −0.041% | $697K | $128K | 100x | as long as short |
| BingX SIREN-USDTlong | +0.2166% | 4h | 0.02424 | long leg | — | $2.3M | — | |
| Gate SIREN_USDT | +0.2500% | 4h | 0.02419 | −0.206% | $581K | $188K | 10x | as long as short |
| Bybit SIRENUSDT | +0.9127% | 4h | 0.02439 | +0.619% | $1.9M | $2.4M | 5x | as long as short |
SunX SIREN-USDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
Binance SIRENUSDT
MEXC SIREN_USDT
Gate SIREN_USDT
Bybit SIRENUSDT