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

ACT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.018%
Price spread now: BingX against Bitget+0.055%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.055%, 7d avg +0.010%
Together, before fees−0.050%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.045% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ACTUSDT0.010980.0100pay 0.0050% / 4h1h 35m$261K$91K10x
ShortBingX ACT-USDT0.010990.0208get 0.0104% / 4h1h 35m$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$22.68
Price spread: +0.055% → +0.010%
$4.46
Slippage, 4 orders
−$102.86
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$97.72
Costs to cover
1.249%
Break-even
37.2 days
Slippage from Bitget: live order book, 39 min ago; BingX: live order book, 10 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 Bitget live order book, 39 min ago9.10 bp40.1 bp −$40453.2 bp −$4,532doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago3.64 bp22.2 bp −$2293.3 bp −$933642.1 bp −$64.2K942.8 bp −$471.4K

ACT on 7 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
Binance ACTUSDT+0.0100%4h0.01097−0.058%$2.1M$2.2M10xas long as short
Bybit ACTUSDT+0.0100%4h0.01099+0.109%$577K$343K25xas long as short
Gate ACT_USDT+0.0100%4h0.010980.000%$142K$83K25xas long as short
MEXC ACT_USDT+0.0100%4h0.01097−0.082%$6.4M$111K20xas long as short
Bitget ACTUSDTlong+0.0100%4h0.01098long leg$261K$91K10x
OKX ACT-USDT-SWAP+0.0195%4h0.01098+0.046%$778K$1.4M10xas long as short
BingX ACT-USDTshort+0.0208%4h0.01099+0.055%$1.3M