Funding you earn now, next payment 00:00 UTC+0.0326%/8h= +35.7% APRnext payment +$1.63 per $10,000 · paid last 24h +0.033%
Price spread now: BingX against Bitget−0.103%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$1931.930% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.103%, 7d avg +0.082%
=Funding pays, the price is against you. BingX is 0.185% cheaper against Bitget than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of +0.082%). If the spread goes back, that is −$18 on $10k: about 45 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.258% in total) that is about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUSDT | 0.01647 | 0.0592 | pay 0.0296% / 4h | 16m 16s | $4.3M | $256K | 10x |
| Short | BingX US-USDT | 0.01645 | 0.0918 | get 0.0459% / 4h | 16m 16s | — | $1.3M | — |
Bitget USUSDT
BingX US-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
- $68.46
- Price spread: −0.103% → +0.082%
- −$18.49
- Slippage, 4 orders
- −$170.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$143.02
- Costs to cover
- 1.930%
- Break-even
- 21.6 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 15 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, 2 min ago | 17.31 bp | 51.5 bp −$51 | 410.8 bp −$4,108 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 8.18 bp | 43.7 bp −$44 | 120.1 bp −$1,201 | 949.9 bp −$95.0K | 1303.6 bp −$651.8K |
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 | 0.01644 | −0.152% | $3.2M | $884K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01642 | −0.292% | $2.1M | $561K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01642 | −0.273% | $4.2M | $280K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01645 | −0.075% | $16K | $3K | — | as long as short |
| Bitget USUSDTlong | +0.0592% | 4h | 0.01647 | long leg | $4.3M | $256K | 10x | |
| Aster USUSDT | +0.0802% | 4h | 0.01643 | −0.221% | $12K | $55K | 5x | as long as short |
| MEXC US_USDT | +0.0918% | 4h | 0.01644 | −0.146% | $5.5M | $116K | 100x | as long as short |
| BingX US-USDTshort | +0.0918% | 4h | 0.01645 | −0.103% | — | $1.3M | — | |
| Binance USUSDT | +0.0918% | 4h | 0.01644 | −0.130% | $9.2M | $3.2M | 10x | as long as short |
| Extended US-USD | +0.0920% | 1h | 0.01644 | −0.149% | $4K | $141K | 5x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
MEXC US_USDT
Binance USUSDT
Extended US-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDT | +0.0935% | 4h | 0.01643 | −0.188% | $480K | $49K | 10x | as long as short |
BloFin US-USDT