Funding you earn now, next payment 08:00 UTC+0.3676%/8h= +402.5% APRnext payment +$18.38 per $10,000 · paid last 24h +0.428%
Price spread now: BingX against Bitget−0.230%7-day average +0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$1951.949% of the position
Funding, last 4 days (all we have)+1.385%+$138 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now −0.230%, 7d avg +0.111%
=Funding pays, the price is against you. BingX is 0.341% cheaper against Bitget than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of +0.111%). If the spread goes back, that is −$34 on $10k: about 7 hours of funding at the current rate (+$110 a day). At the pace of the last 4 days (+1.385% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 1.385% in total (about 130.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$18.38 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 STONKUSDT | 0.3354 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $383K | $2.2M | 10x |
| Short | BingX STONK-USDT | 0.3346 | 0.3776 | get 0.1888% / 4h | 2h 43m | — | $917K | — |
Bitget STONKUSDT
BingX STONK-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
- $771.96
- Price spread: −0.230% → +0.111%
- −$34.09
- Slippage, 4 orders
- −$172.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $542.97
- Costs to cover
- 1.949%
- Break-even
- 2.1 days
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 46 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 | 13.85 bp | 55.1 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 46 min ago | 13.29 bp | 39.1 bp −$39 | 216.5 bp −$2,165 | 968.3 bp −$96.8K | 1243.9 bp −$621.9K |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter STONK | +0.0032% | 1h | 0.3361 | +0.209% | $338K | $514K | 5x | as long as short |
| MEXC STONK_USDT | +0.0100% | 4h | 0.3350 | −0.125% | $703K | $1.0M | 20x | as long as short |
| Bitget STONKUSDTlong | +0.0100% | 4h | 0.3354 | long leg | $383K | $2.2M | 10x | |
| Phoenix STONK | +0.1073% | 1h | 0.3336 | −0.534% | $203K | $129K | 3x | as long as short |
| Bybit STONKUSDT | +0.1396% | 4h | 0.3353 | −0.021% | $1.5M | $6.5M | 5x | as long as short |
| BloFin STONK-USDT | +0.1811% | 4h | 0.3348 | −0.170% | $92K | $203K | 5x | as long as short |
| Gate STONK_USDT | +0.3714% | 4h | 0.3368 | +0.438% | $944K | $2.1M | 10x | as long as short |
| BingX STONK-USDTshort | +0.3776% | 4h | 0.3346 | −0.230% | — | $917K | — | |
| Aster STONKUSDT | +0.4964% | 1h | 0.3358 | +0.135% | $489K | $1.1M | 10x | as long as short |
Lighter STONK
MEXC STONK_USDT
Phoenix STONK
Bybit STONKUSDT
BloFin STONK-USDT
Gate STONK_USDT
Aster STONKUSDT