Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget+0.063%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1651.650% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.063%, 7d avg −0.092%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.154% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VELODROMEUSDT | 0.03028 | 0.0100 | pay 0.0050% / 4h | 1m 18s | $537K | $24K | 20x |
| Short | BingX VELODROME-USDT | 0.03030 | 0.0186 | get 0.0093% / 4h | 1m 18s | — | $1.2M | — |
Bitget VELODROMEUSDT
BingX VELODROME-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
- $18.06
- Price spread: +0.063% → −0.092%
- $15.43
- Slippage, 4 orders
- −$142.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$131.5
- Costs to cover
- 1.650%
- Break-even
- 58.0 days
Slippage from Bitget: live order book, 34 min ago; BingX: live order book, 9 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, 34 min ago | 12.00 bp | 53.8 bp −$54 | 595.3 bp −$5,953 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 8.27 bp | 27.5 bp −$28 | 127.4 bp −$1,274 | 652.4 bp −$65.2K | 864.9 bp −$432.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.03031 | +0.099% | $828K | $395K | 20x | as long as short |
| Bitget VELODROMEUSDTlong | +0.0100% | 4h | 0.03028 | long leg | $537K | $24K | 20x | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.03025 | −0.088% | $71K | $11K | — | as long as short |
| MEXC VELODROME_USDT | +0.0180% | 4h | 0.03031 | +0.096% | $244K | $92K | 50x | as long as short |
| Binance VELODROMEUSDT | +0.0182% | 4h | 0.03034 | +0.195% | $7.8M | $1.5M | 50x | as long as short |
| BingX VELODROME-USDTshort | +0.0186% | 4h | 0.03030 | +0.063% | — | $1.2M | — | |
| Gate VELODROME_USDT | +0.0330% | 4h | 0.03028 | −0.003% | $128K | $8K | 20x | as long as short |
Bybit VELODROMEUSDT
Variational Omni VELODROME
MEXC VELODROME_USDT
Binance VELODROMEUSDT
Gate VELODROME_USDT