Funding you earn now, next payment 08:00 UTC+0.1684%/8h= +184.4% APRnext payment +$8.42 per $10,000 · paid last 24h +0.190%
Price spread now: BingX against Bitget−0.148%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$680.683% of the position
Funding, last 6 days (all we have)+0.687%+$69 on $10k
+Price spread, last 6 days (all we have)+0.229%+$23 · spread now −0.148%, 7d avg +0.042%
=Funding pays, the price is against you. BingX is 0.190% cheaper against Bitget than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of +0.042%). If the spread goes back, that is −$19 on $10k: about 9 hours of funding at the current rate (+$51 a day). At the pace of the last 6 days (+0.687% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.687% in total (about 40.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.42 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 | Bitget CVCUSDT | 0.02697 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $427K | $510K | 50x |
| Short | BingX CVC-USDT | 0.02693 | 0.1784 | get 0.0892% / 4h | 2h 14m | — | $2.4M | — |
Bitget CVCUSDT
BingX CVC-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
- $353.64
- Price spread: −0.148% → +0.042%
- −$18.99
- Slippage, 4 orders
- −$46.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $266.35
- Costs to cover
- 0.683%
- Break-even
- 1.7 days
Slippage from Bitget: live order book, 26 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, 26 min ago | 3.71 bp | 19.0 bp −$19 | 78.7 bp −$787 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.71 bp | 15.3 bp −$15 | 65.0 bp −$650 | 661.0 bp −$66.1K | 1347.2 bp −$673.6K |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CVCUSDT | +0.0100% | 4h | 0.02696 | −0.033% | $2.8M | $5.7M | 50x | as long as short |
| Gate CVC_USDT | +0.0100% | 4h | 0.02695 | −0.074% | $203K | $317K | 25x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02695 | −0.074% | $644K | $138K | 20x | as long as short |
| Bitget CVCUSDTlong | +0.0100% | 4h | 0.02697 | long leg | $427K | $510K | 50x | |
| KuCoin CVCUSDTM | +0.0266% | 4h | 0.02700 | +0.111% | $1.3M | $439K | 30x | as long as short |
| BingX CVC-USDTshort | +0.1784% | 4h | 0.02693 | −0.148% | — | $2.4M | — | |
| Variational Omni CVC | +0.4932% | 1h | 0.02687 | −0.387% | $1K | $491 | — | as long as short |
| Bybit CVCUSDT | +0.6256% | 1h | 0.02687 | −0.371% | $1.6M | $1.7M | 25x | as long as short |
Binance CVCUSDT
Gate CVC_USDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Variational Omni CVC
Bybit CVCUSDT