Funding you earn now, next payment 00:00 UTC+0.4208%/8h= +460.8% APRnext payment +$5.26 per $10,000 · paid last 24h +0.196%
Price spread now: BingX against Bitget−0.677%7-day average +0.391% · you buy dearer than you sell
Net, funding: paid 7d − costs+$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1071.067% of the position
Funding, last 7 days+1.258%+$126 on $10k
+Price spread, last 7 days+1.229%+$123 · spread now −0.677%, 7d avg +0.391%
=Funding pays, the price is against you. BingX is 1.068% cheaper against Bitget than usual: you would sell low and buy high (spread −0.677% now, against its 7-day average of +0.391%). If the spread goes back, that is −$107 on $10k: about 20 hours of funding at the current rate (+$126 a day). At the pace of the last 7 days (+1.258% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.258% in total (about 65.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.26 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 ONEUSDT | 0.004286 | −0.4328 | get 0.0541% / 1h | 52m 10s | $1.8M | $37.7M | 20x |
| Short | BingX ONE-USDT | 0.004257 | −0.0120 | pay 0.0015% / 1h | 52m 10s | — | $6.6M | — |
Bitget ONEUSDT
BingX ONE-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
- $883.68
- Price spread: −0.677% → +0.391%
- −$106.81
- Slippage, 4 orders
- −$84.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $670.21
- Costs to cover
- 1.067%
- Break-even
- 1.7 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 10 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, 2 min ago | 1.85 bp | 37.2 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 2.79 bp | 11.4 bp −$11 | 35.1 bp −$351 | 427.1 bp −$42.7K | 1222.5 bp −$611.2K |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.8461% | 1h | 0.004303 | +0.401% | $106K | $54K | — | as long as short |
| Bitget ONEUSDTlong | −0.4328% | 1h | 0.004286 | long leg | $1.8M | $37.7M | 20x | |
| BloFin ONE-USDT | −0.2850% | 1h | 0.004287 | +0.026% | $831K | $3.3M | 50x | as long as short |
| Aster ONEUSDT | −0.1550% | 1h | 0.004249 | −0.853% | $2.2M | $8.5M | 5x | as long as short |
| MEXC ONE_USDT | −0.1320% | 1h | 0.004253 | −0.772% | $10.8M | $16.6M | 20x | as long as short |
| Binance ONEUSDT | −0.1306% | 1h | 0.004260 | −0.609% | $14.3M | $362.7M | 50x | as long as short |
| Gate ONE_USDT | −0.0645% | 8h | 0.004213 | −1.696% | $1.7M | $16.3M | 20x | as long as short |
| BingX ONE-USDTshort | −0.0120% | 1h | 0.004257 | −0.677% | — | $6.6M | — | |
| KuCoin ONEUSDTM | +0.1192% | 1h | 0.004515 | +5.350% | $5.0M | $13.1M | 30x | as long as short |
Variational Omni ONE
BloFin ONE-USDT
Aster ONEUSDT
MEXC ONE_USDT
Binance ONEUSDT
Gate ONE_USDT
KuCoin ONEUSDTM