Funding you earn now, next payment 00:00 UTC−0.0218%/8h= −23.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.031%
Price spread now: Bitget against BingX+0.042%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1431.431% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.042%, 7d avg −0.043%
=The price spread pays, funding is against you. Bitget is 0.085% dearer against BingX than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.043%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.030% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AWE-USDT | 0.06408 | 0.0318 | pay 0.0159% / 4h | 49m 52s | — | $6.6M | — |
| Short | Bitget AWEUSDT | 0.06411 | 0.0100 | get 0.0050% / 4h | 49m 52s | $438K | $255K | 40x |
BingX AWE-USDT
Bitget AWEUSDTFunding 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
- −$45.78
- Price spread: +0.042% → −0.043%
- $8.5
- Slippage, 4 orders
- −$121.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$180.39
- Costs to cover
- 1.431%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 21 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 | 4.68 bp | 29.1 bp −$29 | 104.3 bp −$1,043 | 877.1 bp −$87.7K | 1186.5 bp −$593.2K |
| Sell Bitget live order book, 21 min ago | 4.53 bp | 34.2 bp −$34 | 131.0 bp −$1,310 | doesn't fit | doesn't fit |
AWE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AWEUSDT | +0.0100% | 4h | 0.06402 | −0.091% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06407 | −0.018% | $2.2M | $1.4M | 40x | as long as short |
| Gate AWE_USDT | +0.0100% | 8h | 0.06406 | −0.031% | $47K | $40K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06406 | −0.031% | $1.1M | $131K | 20x | as long as short |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06409 | +0.016% | $152K | $65K | 20x | as long as short |
| Bitget AWEUSDTshort | +0.0100% | 4h | 0.06411 | +0.042% | $438K | $255K | 40x | |
| BloFin AWE-USDT | +0.0148% | 4h | 0.06403 | −0.078% | $143K | $23K | 40x | as long as short |
| BingX AWE-USDTlong | +0.0318% | 4h | 0.06408 | long leg | — | $6.6M | — | |
| Bybit AWEUSDT | +0.0324% | 4h | 0.06412 | +0.062% | $540K | $222K | 25x | as long as short |
Aster AWEUSDT
Binance AWEUSDT
Gate AWE_USDT
MEXC AWE_USDT
KuCoin AWEUSDTM
BloFin AWE-USDT
Bybit AWEUSDT