Funding you earn now, next payment 03:00 UTC−0.0992%/8h= −108.6% APRnext payment −$1.24 per $10,000 · paid last 24h −0.367%
Price spread now: Bitget against BingX+1.113%7-day average −0.387% · you sell dearer than you buy
Net, funding: paid 7d − costs−$285as in the Funding arb table
Net, price: spread back to 7d avg − costs+$27as in the Price arb table
costs, in and out, $10k−$1231.226% of the position
Funding, last 7 days−1.626%−$163 on $10k
+Price spread, last 7 days−1.624%−$162 · spread now +1.113%, 7d avg −0.387%
=The price spread pays, funding is against you. Bitget is 1.500% dearer against BingX than usual: you sell high and buy low (spread +1.113% now, against its 7-day average of −0.387%): +$150 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004278 | −0.0024 | get 0.0003% / 1h | 39m 17s | — | $6.4M | — |
| Short | Bitget ONEUSDT | 0.004325 | −0.1016 | pay 0.0127% / 1h | 39m 17s | $2.0M | $35.1M | 20x |
Funding 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
- −$208.32
- Price spread: +1.113% → −0.387%
- $149.98
- Slippage, 4 orders
- −$100.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$180.91
- Costs to cover
- 1.226%
- Break-even
- from the start
Slippage from BingX: live order book, 10 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, 10 min ago | 4.34 bp | 12.2 bp −$12 | 16.6 bp −$166 | 400.5 bp −$40.1K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 5.25 bp | 45.1 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −3.1205% | 1h | 0.005282 | +23.487% | $6.2M | $273.8M | 10x | as long as short |
| Variational Omni ONE | −0.4049% | 1h | 0.004242 | −0.834% | $103K | $55K | — | as long as short |
| Aster ONEUSDT | −0.1696% | 1h | 0.004269 | −0.193% | $2.2M | $5.7M | 5x | as long as short |
| Gate ONE_USDT | −0.1578% | 8h | 0.004250 | −0.648% | $1.7M | $15.4M | 20x | as long as short |
| BloFin ONE-USDT | −0.1242% | 1h | 0.004287 | +0.208% | $835K | $3.0M | 50x | as long as short |
| Bitget ONEUSDTshort | −0.1016% | 1h | 0.004325 | +1.113% | $2.0M | $35.1M | 20x | |
| Binance ONEUSDT | −0.0310% | 1h | 0.004289 | +0.254% | $14.7M | $353.9M | 50x | as long as short |
| MEXC ONE_USDT | −0.0288% | 1h | 0.004282 | +0.112% | $11.6M | $16.2M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0024% | 1h | 0.004278 | long leg | — | $6.4M | — | |
| KuCoin ONEUSDTM | +0.6088% | 1h | 0.004484 | +4.823% | $4.4M | $13.0M | 30x | as long as short |
BingX ONE-USDT
Bitget ONEUSDT
OKX ONE-USDT-SWAP
Variational Omni ONE
Aster ONEUSDT
Gate ONE_USDT
BloFin ONE-USDT
Binance ONEUSDT
MEXC ONE_USDT
KuCoin ONEUSDTM