Funding you earn now, next payment 04:00 UTC−0.0314%/8h= −34.4% APRnext payment −$1.57 per $10,000 · paid last 24h −0.047%
Price spread now: Bitget against BingX+0.134%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$2082.076% of the position
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 7 days−0.101%−$10 · spread now +0.134%, 7d avg −0.081%
=The price spread pays, funding is against you. Bitget is 0.215% dearer against BingX than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of −0.081%): +$22 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.266% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01645 | 0.0780 | pay 0.0390% / 4h | 3h 49m | — | $1.3M | — |
| Short | Bitget USUSDT | 0.01647 | 0.0466 | get 0.0233% / 4h | 3h 49m | $4.3M | $250K | 10x |
BingX US-USDT
Bitget USUSDTFunding 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
- −$65.94
- Price spread: +0.134% → −0.081%
- $21.52
- Slippage, 4 orders
- −$185.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$252.06
- Costs to cover
- 2.076%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Bitget: live order book, 3 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, 16 min ago | 9.11 bp | 45.8 bp −$46 | 160.9 bp −$1,609 | 1168.4 bp −$116.8K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 13.94 bp | 56.8 bp −$57 | 314.3 bp −$3,143 | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01645 | −0.012% | $3.2M | $872K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01642 | −0.164% | $2.1M | $555K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01641 | −0.219% | $4.2M | $275K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01649 | +0.222% | $16K | $3K | — | as long as short |
| Bitget USUSDTshort | +0.0466% | 4h | 0.01647 | +0.134% | $4.3M | $250K | 10x | |
| Aster USUSDT | +0.0769% | 4h | 0.01644 | −0.055% | $12K | $55K | 5x | as long as short |
| BingX US-USDTlong | +0.0780% | 4h | 0.01645 | long leg | — | $1.3M | — | |
| BloFin US-USDT | +0.0790% | 4h | 0.01648 | +0.152% | $479K | $49K | 10x | as long as short |
| MEXC US_USDT | +0.0828% | 4h | 0.01644 | −0.049% | $5.5M | $112K | 100x | as long as short |
| Binance USUSDT | +0.0828% | 4h | 0.01645 | −0.030% | $9.2M | $3.1M | 10x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
BloFin US-USDT
MEXC US_USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended US-USD | +0.0832% | 1h | 0.01645 | −0.024% | $2K | $139K | 5x | as long as short |
Extended US-USD