Settings8H · net · $10k
Funding arb · Price arb /

W

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.185%−$18 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX W-USDT0.011750.0100pay 0.0050% / 4h3h 08m$6.7M
ShortBitget WUSDT0.011760.0100get 0.0050% / 4h3h 08m$1.3M$536K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 13 min ago4.67 bp20.6 bp −$2162.8 bp −$628707.5 bp −$70.8K1181.2 bp −$590.6K
Sell Bitget live order book, 3 min ago4.24 bp20.4 bp −$2082.2 bp −$822doesn't fitdoesn't fit

W on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit W_USDC-PERPETUAL−0.0345%1h0.01175+0.060%$15K$3K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.929%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01175+0.034%$2.0M$299K5xas long as short
Binance WUSDT+0.0100%4h0.01176+0.162%$2.9M$5.5M50xas long as short
Bybit WUSDT+0.0100%4h0.01174−0.085%$4.1M$1.6M50xas long as short
OKX W-USDT-SWAP+0.0100%4h0.01174−0.051%$1.3M$1.6M20xas long as short
Gate W_USDT+0.0100%4h0.01175+0.026%$431K$258K75xas long as short
MEXC W_USDT+0.0100%4h0.01175+0.068%$12.7M$1.3M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01173−0.136%$382K$198K50xas long as short
Bitget WUSDTshort+0.0100%4h0.01176+0.119%$1.3M$536K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDTlong+0.0100%4h0.01175long leg$6.7M
Variational Omni W+0.0100%4h0.01177+0.194%$71K$39Kas long as short
GRVT W_USDT_Perp+0.0100%4h0.01181+0.508%$127K$386K10xas long as short
Extended W-USD+0.0104%1h0.01176+0.121%$61K$162K5xas long as short
Coinbase International W-PERP-INTX+0.0440%1h0.01180+0.485%$14K$13K50xas long as short
Backpack W_USDC_PERP+0.1308%1h0.01177+0.187%$44K$42K15xas long as short
Kraken Futures PF_WUSD+0.1778%1h0.01178+0.262%$146K$185K20xas long as short