Funding you earn now, next payment 12:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.076%
Price spread now: Bitget against BingX−0.100%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days+0.305%+$30 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.100%, 7d avg −0.029%
=Funding pays, the price is against you. Bitget is 0.071% cheaper against BingX than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.029%). If the spread goes back, that is −$7 on $10k: about 7.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.305% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CP-USDT | 0.01406 | 0.0070 | pay 0.0035% / 4h | 3h 57m | — | $1.1M | — |
| Short | Bitget CPUSDT | 0.01405 | 0.0100 | get 0.0050% / 4h | 3h 57m | $803K | $1.7M | 20x |
BingX CP-USDT
Bitget CPUSDTFunding 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
- $6.3
- Price spread: −0.100% → −0.029%
- −$7.08
- Slippage, 4 orders
- −$71.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.63
- Costs to cover
- 0.939%
- Break-even
- 112.1 days
Slippage from BingX: live order book, 13 min ago; Bitget: live order book, 5 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, 13 min ago | 7.11 bp | 20.1 bp −$20 | 87.4 bp −$874 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.68 bp | 19.6 bp −$20 | 106.6 bp −$1,066 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDTlong | +0.0070% | 4h | 0.01406 | long leg | — | $1.1M | — | |
| Bybit CPUSDT | +0.0100% | 4h | 0.01405 | −0.071% | $1.7M | $3.2M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01404 | −0.142% | $585K | $535K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01408 | +0.142% | $207K | $934K | 20x | as long as short |
| Bitget CPUSDTshort | +0.0100% | 4h | 0.01405 | −0.100% | $803K | $1.7M | 20x | |
| OKX CP-USDT-SWAP | +0.0185% | 4h | 0.01406 | 0.000% | $3.9M | $11.8M | 20x | as long as short |
| MEXC CP_USDT | +0.0188% | 4h | 0.01404 | −0.142% | $1.5M | $391K | 20x | as long as short |
| BloFin CP-USDT | +0.0211% | 4h | 0.01402 | −0.284% | $432 | $43K | 20x | as long as short |
Bybit CPUSDT
Gate CP_USDT
KuCoin CPUSDTM
OKX CP-USDT-SWAP
MEXC CP_USDT
BloFin CP-USDT