Funding you earn now, next payment 04:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h −0.042%
Price spread now: Bitget against BingX+0.043%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1321.318% of the position
Funding, last 7 days−0.344%−$34 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.043%, 7d avg +0.062%
=The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WET-USDT | 0.06976 | 0.0240 | pay 0.0120% / 4h | 3h 19m | — | $6.5M | — |
| Short | Bitget WETUSDT | 0.06979 | 0.0100 | get 0.0050% / 4h | 3h 19m | $599K | $77K | 25x |
BingX WET-USDT
Bitget WETUSDTFunding 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
- −$29.4
- Price spread: +0.043% → +0.062%
- −$1.92
- Slippage, 4 orders
- −$109.84
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$163.16
- Costs to cover
- 1.318%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 51 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, 2 min ago | 7.25 bp | 40.2 bp −$40 | 133.5 bp −$1,335 | 901.9 bp −$90.2K | 1142.3 bp −$571.1K |
| Sell Bitget live order book, 51 min ago | 10.01 bp | 26.3 bp −$26 | 270.1 bp −$2,701 | doesn't fit | doesn't fit |
WET on 10 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 WETUSDT | +0.0100% | 4h | 0.06974 | −0.029% | $1.5M | $359K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06967 | −0.129% | $701K | $339K | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.07001 | +0.358% | $1.1M | $24K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06994 | +0.258% | $731K | $684K | 50x | as long as short |
| Bitget WETUSDTshort | +0.0100% | 4h | 0.06979 | +0.043% | $599K | $77K | 25x | |
| BloFin WET-USDT | +0.0114% | 4h | 0.06850 | −1.806% | $73K | $7K | 50x | as long as short |
| BingX WET-USDTlong | +0.0240% | 4h | 0.06976 | long leg | — | $6.5M | — | |
| MEXC WET_USDT | +0.0284% | 4h | 0.06978 | +0.029% | $169K | $86K | 50x | as long as short |
| Binance WETUSDT | +0.0286% | 4h | 0.06989 | +0.186% | $1.2M | $1.3M | 50x | as long as short |
| Aster WETUSDT | +0.1224% | 4h | 0.06968 | −0.122% | $14K | $30K | 5x | as long as short |
Bybit WETUSDT
OKX WET-USDT-SWAP
Gate WET_USDT
KuCoin WETUSDTM
BloFin WET-USDT
MEXC WET_USDT
Binance WETUSDT
Aster WETUSDT