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+0.100%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1791.790% of the position
Funding, last 7 days−0.205%−$20 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.100%, 7d avg +0.088%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VELODROME-USDT | 0.02996 | 0.0100 | pay 0.0050% / 4h | 3h 11m | — | $1.3M | — |
| Short | Bitget VELODROMEUSDT | 0.02999 | 0.0100 | get 0.0050% / 4h | 3h 11m | $531K | $24K | 20x |
BingX VELODROME-USDT
Bitget VELODROMEUSDTFunding 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: +0.100% → +0.088%
- $1.23
- Slippage, 4 orders
- −$156.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$177.74
- Costs to cover
- 1.790%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 38 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, 3 min ago | 5.01 bp | 19.7 bp −$20 | 96.9 bp −$969 | 613.5 bp −$61.4K | 816.8 bp −$408.4K |
| Sell Bitget live order book, 38 min ago | 14.67 bp | 64.5 bp −$64 | 594.9 bp −$5,949 | doesn't fit | doesn't fit |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDT | +0.0100% | 4h | 0.02996 | +0.010% | $7.7M | $1.5M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02991 | −0.160% | $805K | $330K | 20x | as long as short |
| Gate VELODROME_USDT | +0.0100% | 4h | 0.03001 | +0.167% | $126K | $7K | 20x | as long as short |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02996 | 0.000% | $241K | $92K | 50x | as long as short |
| Bitget VELODROMEUSDTshort | +0.0100% | 4h | 0.02999 | +0.100% | $531K | $24K | 20x | |
| BingX VELODROME-USDTlong | +0.0100% | 4h | 0.02996 | long leg | — | $1.3M | — | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03000 | +0.149% | $79K | $3K | — | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
Gate VELODROME_USDT
MEXC VELODROME_USDT
Variational Omni VELODROME