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+0.119%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1021.021% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.186%−$19 · spread now +0.119%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.113% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX W-USDT | 0.01175 | 0.0100 | pay 0.0050% / 4h | 3h 08m | — | $6.7M | — |
| Short | Bitget WUSDT | 0.01176 | 0.0100 | get 0.0050% / 4h | 3h 08m | $1.3M | $536K | 50x |
Funding 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: +0.119% → +0.006%
- $11.33
- Slippage, 4 orders
- −$80.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$90.8
- Costs to cover
- 1.021%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Bitget: live order book, 3 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, 13 min ago | 4.67 bp | 20.6 bp −$21 | 62.8 bp −$628 | 707.5 bp −$70.8K | 1181.2 bp −$590.6K |
| Sell Bitget live order book, 3 min ago | 4.24 bp | 20.4 bp −$20 | 82.2 bp −$822 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0345% | 1h | 0.01175 | +0.060% | $15K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.929% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01175 | +0.034% | $2.0M | $299K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01176 | +0.162% | $2.9M | $5.5M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01174 | −0.085% | $4.1M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01174 | −0.051% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01175 | +0.026% | $431K | $258K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01175 | +0.068% | $12.7M | $1.3M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01173 | −0.136% | $382K | $198K | 50x | as long as short |
| Bitget WUSDTshort | +0.0100% | 4h | 0.01176 | +0.119% | $1.3M | $536K | 50x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDTlong | +0.0100% | 4h | 0.01175 | long leg | — | $6.7M | — | |
| Variational Omni W | +0.0100% | 4h | 0.01177 | +0.194% | $71K | $39K | — | as long as short |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01181 | +0.508% | $127K | $386K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01176 | +0.121% | $61K | $162K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0440% | 1h | 0.01180 | +0.485% | $14K | $13K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1308% | 1h | 0.01177 | +0.187% | $44K | $42K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1778% | 1h | 0.01178 | +0.262% | $146K | $185K | 20x | as long as short |
BingX W-USDT
Bitget WUSDT
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Variational Omni W
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD