Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Bitget−0.116%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$810.814% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 7 days+0.098%+$10 · spread now −0.116%, 7d avg +0.038%
=Funding pays, the price is against you. BingX is 0.153% cheaper against Bitget than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of +0.038%). If the spread goes back, that is −$15 on $10k: about 9.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.362% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VTHOUSDT | 0.0006912 | −0.1758 | get 0.0879% / 4h | 10m 21s | $1.2M | $1.1M | 50x |
| Short | BingX VTHO-USDT | 0.0006904 | −0.1704 | pay 0.0852% / 4h | 10m 21s | — | $1.4M | — |
Bitget VTHOUSDT
BingX VTHO-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
- $11.34
- Price spread: −0.116% → +0.038%
- −$15.34
- Slippage, 4 orders
- −$59.37
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.37
- Costs to cover
- 0.814%
- Break-even
- 59.7 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 6 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, 1 min ago | 5.07 bp | 25.5 bp −$26 | 86.6 bp −$866 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.07 bp | 18.9 bp −$19 | 56.4 bp −$564 | 532.2 bp −$53.2K | 786.4 bp −$393.2K |
VTHO on 5 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 VTHOUSDT | −0.1826% | 4h | 0.0006909 | −0.036% | $5.0M | $11.6M | 50x | as long as short |
| MEXC VTHO_USDT | −0.1826% | 4h | 0.0006915 | +0.043% | $1.7M | $184K | 20x | as long as short |
| Bitget VTHOUSDTlong | −0.1758% | 4h | 0.0006912 | long leg | $1.2M | $1.1M | 50x | |
| BingX VTHO-USDTshort | −0.1704% | 4h | 0.0006904 | −0.116% | — | $1.4M | — | |
| Gate VTHO_USDT | −0.1670% | 4h | 0.0006914 | +0.029% | $397K | $338K | 25x | as long as short |
Binance VTHOUSDT
MEXC VTHO_USDT
Gate VTHO_USDT