Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.022%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$990.990% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.022%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.024% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01384 | 0.0100 | pay 0.0050% / 4h | 24m 22s | — | $1.2M | — |
| Short | Bitget USUALUSDT | 0.01384 | 0.0100 | get 0.0050% / 4h | 24m 22s | $798K | $387K | 50x |
BingX USUAL-USDT
Bitget USUALUSDTFunding 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
- $0
- Price spread: +0.022% → +0.046%
- −$2.41
- Slippage, 4 orders
- −$77.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$101.44
- Costs to cover
- 0.990%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 11 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, 6 min ago | 6.13 bp | 25.5 bp −$26 | 102.7 bp −$1,027 | 497.8 bp −$49.8K | 726.2 bp −$363.1K |
| Sell Bitget live order book, 11 min ago | 3.60 bp | 28.1 bp −$28 | 91.2 bp −$912 | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.3920% | 1h | 0.01370 | −0.990% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0011% | 1h | 0.01382 | −0.115% | $111K | $21K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01384 | +0.022% | $393K | $182K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01382 | −0.126% | $2.2M | $3.1M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01383 | −0.022% | $1.0M | $749K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01386 | +0.166% | $937K | $103K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01383 | −0.065% | $6.1M | $257K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01386 | +0.166% | $266K | $47K | 20x | as long as short |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01384 | +0.022% | $798K | $387K | 50x | |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01384 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01387 | +0.238% | $10K | $1K | — | as long as short |
Variational Omni USUAL