Funding you earn now, next payment 04:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.97 per $10,000 · paid last 24h +0.042%
Price spread now: BingX against Bitget−0.170%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2522.516% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.170%, 7d avg −0.055%
=Funding pays, the price is against you. BingX is 0.115% cheaper against Bitget than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.055%). If the spread goes back, that is −$12 on $10k: about 47 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WETUSDT | 0.07068 | 0.0100 | pay 0.0050% / 4h | 53m 36s | $588K | $182K | 25x |
| Short | BingX WET-USDT | 0.07056 | 0.0294 | get 0.0147% / 4h | 53m 36s | — | $6.6M | — |
Bitget WETUSDT
BingX WET-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
- $40.74
- Price spread: −0.170% → −0.055%
- −$11.51
- Slippage, 4 orders
- −$229.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$222.32
- Costs to cover
- 2.516%
- Break-even
- 45.2 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 13 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 | 11.27 bp | 110.4 bp −$110 | 646.4 bp −$6,464 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 9.03 bp | 31.8 bp −$32 | 99.2 bp −$992 | 666.9 bp −$66.7K | 1222.8 bp −$611.4K |
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 | 0.07057 | −0.156% | $1.6M | $1.5M | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.07050 | −0.255% | $795K | $3.4M | 20x | as long as short |
| Gate WET_USDT | +0.0100% | 8h | 0.07086 | +0.255% | $1.1M | $80K | 50x | as long as short |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.07068 | 0.000% | $687K | $736K | 50x | as long as short |
| Bitget WETUSDTlong | +0.0100% | 4h | 0.07068 | long leg | $588K | $182K | 25x | |
| BloFin WET-USDT | +0.0142% | 4h | 0.07112 | +0.623% | $90K | $11K | 50x | as long as short |
| MEXC WET_USDT | +0.0254% | 4h | 0.07068 | 0.000% | $177K | $165K | 50x | as long as short |
| Binance WETUSDT | +0.0255% | 4h | 0.07085 | +0.234% | $1.4M | $5.1M | 50x | as long as short |
| BingX WET-USDTshort | +0.0294% | 4h | 0.07056 | −0.170% | — | $6.6M | — | |
| Aster WETUSDT | +0.0805% | 4h | 0.07077 | +0.121% | $15K | $35K | 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