Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against Bitget−0.024%7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days+0.491%+$49 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.024%, 7d avg +0.060%
=Funding pays, the price is against you. BingX is 0.084% cheaper against Bitget than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.060%). If the spread goes back, that is −$8 on $10k: about 2.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.491% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 1MBABYDOGEUSDT | 0.0000000004128 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $1.4M | $435K | 50x |
| Short | BingX 1000000BABYDOGE-USDT | 0.0000000004127 | 0.0200 | get 0.0100% / 4h | 1h 26m | — | $1.3M | — |
Bitget 1MBABYDOGEUSDT
BingX 1000000BABYDOGE-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
- $21
- Price spread: −0.024% → +0.060%
- −$8.4
- Slippage, 4 orders
- −$79.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$89.35
- Costs to cover
- 1.020%
- Break-even
- 36.8 days
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 4 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, 5 min ago | 4.82 bp | 27.2 bp −$27 | 72.2 bp −$722 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.82 bp | 28.1 bp −$28 | 121.5 bp −$1,215 | 750.6 bp −$75.1K | 953.9 bp −$477.0K |
BABYDOGE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 1MBABYDOGEUSDT | +0.0100% | 4h | 0.0000000004130 | +0.051% | $1.6M | $2.8M | 50x | as long as short |
| Bybit 1000000BABYDOGEUSDT | +0.0100% | 4h | 0.0000000004129 | +0.024% | $438K | $615K | 25x | as long as short |
| MEXC 1000000BABYDOGE_USDT | +0.0100% | 4h | 0.0000000004126 | −0.048% | $438K | $143K | 50x | as long as short |
| KuCoin 1MBABYDOGEUSDTM | +0.0100% | 4h | 0.0000000004126 | −0.048% | $297K | $65K | 20x | as long as short |
| Bitget 1MBABYDOGEUSDTlong | +0.0100% | 4h | 0.0000000004128 | long leg | $1.4M | $435K | 50x | |
| BingX 1000000BABYDOGE-USDTshort | +0.0200% | 4h | 0.0000000004127 | −0.024% | — | $1.3M | — |
Binance 1MBABYDOGEUSDT
Bybit 1000000BABYDOGEUSDT
MEXC 1000000BABYDOGE_USDT
KuCoin 1MBABYDOGEUSDTM