Funding you earn now, next payment 04:00 UTC+0.0378%/8h= +41.4% APRnext payment +$1.89 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against Bitget−0.452%7-day average −0.369% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1461.457% of the position
Funding, last 7 days+0.333%+$33 on $10k
+Price spread, last 7 days+0.120%+$12 · spread now −0.452%, 7d avg −0.369%
=Funding pays, the price is against you. BingX is 0.083% cheaper against Bitget than usual: you would sell low and buy high (spread −0.452% now, against its 7-day average of −0.369%). If the spread goes back, that is −$8 on $10k: about 17 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.333% in total) that is about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SIRENUSDT | 0.02435 | 0.0916 | pay 0.0458% / 4h | 3m 51s | $2.8M | $1.4M | 10x |
| Short | BingX SIREN-USDT | 0.02424 | 0.1294 | get 0.0647% / 4h | 3m 51s | — | $2.3M | — |
Bitget SIRENUSDT
BingX SIREN-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
- $79.38
- Price spread: −0.452% → −0.369%
- −$8.25
- Slippage, 4 orders
- −$123.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.58
- Costs to cover
- 1.457%
- Break-even
- 13.6 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 5 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, 4 min ago | 8.21 bp | 24.1 bp −$24 | 310.8 bp −$3,108 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 8.24 bp | 54.6 bp −$55 | 133.0 bp −$1,330 | 761.1 bp −$76.1K | 1123.6 bp −$561.8K |
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 | 0.02420 | −0.616% | $2K | $1.1M | 20x | as long as short |
| Bitget SIRENUSDTlong | +0.0916% | 4h | 0.02435 | long leg | $2.8M | $1.4M | 10x | |
| Binance SIRENUSDT | +0.1197% | 4h | 0.02418 | −0.698% | $8.4M | $3.4M | 10x | as long as short |
| Aster SIRENUSDT | +0.1206% | 4h | 0.02418 | −0.711% | $213K | $81K | 5x | as long as short |
| MEXC SIREN_USDT | +0.1236% | 4h | 0.02419 | −0.657% | $690K | $131K | 100x | as long as short |
| BingX SIREN-USDTshort | +0.1294% | 4h | 0.02424 | −0.452% | — | $2.3M | — | |
| KuCoin SIRENUSDTM | +0.1456% | 4h | 0.02420 | −0.616% | $997K | $418K | 10x | as long as short |
| Gate SIREN_USDT | +0.1650% | 4h | 0.02414 | −0.862% | $570K | $207K | 10x | as long as short |
| Bybit SIRENUSDT | +0.2085% | 4h | 0.02436 | +0.041% | $1.9M | $2.6M | 5x | as long as short |
SunX SIREN-USDT
Binance SIRENUSDT
Aster SIRENUSDT
MEXC SIREN_USDT
KuCoin SIRENUSDTM
Gate SIREN_USDT
Bybit SIRENUSDT