Funding you earn now, next payment 08:00 UTC−0.3808%/8h= −417.0% APRnext payment −$19.04 per $10,000 · paid last 24h −0.428%
Price spread now: Bitget against BingX+0.192%7-day average −0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$2042.039% of the position
Funding, last 4 days (all we have)−1.385%−$138 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.192%, 7d avg −0.112%
=The price spread pays, funding is against you. Bitget is 0.304% dearer against BingX than usual: you sell high and buy low (spread +0.192% now, against its 7-day average of −0.112%): +$30 on $10k if it goes back. Holding the pair costs −$114 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 4 days (−1.385% in total) that is about 21 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -1.385% in total (about -128.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$19.04 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 | BingX STONK-USDT | 0.3331 | 0.3944 | pay 0.1972% / 4h | 1h 30m | — | $916K | — |
| Short | Bitget STONKUSDT | 0.3337 | 0.0136 | get 0.0068% / 4h | 1h 30m | $429K | $2.2M | 10x |
BingX STONK-USDT
Bitget STONKUSDTFunding 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
- −$799.68
- Price spread: +0.192% → −0.112%
- $30.41
- Slippage, 4 orders
- −$181.87
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$973.15
- Costs to cover
- 2.039%
- Break-even
- never at this rate
Slippage from BingX: live order book, 43 min ago; Bitget: live order book, 1 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, 43 min ago | 13.71 bp | 65.1 bp −$65 | 532.2 bp −$5,322 | 1254.5 bp −$125.4K | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.23 bp | 66.2 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | +0.0120% | 4h | 0.3331 | +0.012% | $792K | $1.0M | 20x | as long as short |
| Bitget STONKUSDTshort | +0.0136% | 4h | 0.3337 | +0.192% | $429K | $2.2M | 10x | |
| Lighter STONK | +0.1256% | 1h | 0.3339 | +0.246% | $344K | $525K | 5x | as long as short |
| Phoenix STONK | +0.1741% | 1h | 0.3348 | +0.507% | $211K | $135K | 3x | as long as short |
| Bybit STONKUSDT | +0.2694% | 4h | 0.3330 | −0.030% | $1.5M | $6.3M | 5x | as long as short |
| Aster STONKUSDT | +0.3064% | 1h | 0.3343 | +0.360% | $465K | $1.1M | 10x | as long as short |
| BloFin STONK-USDT | +0.3386% | 4h | 0.3339 | +0.240% | $91K | $194K | 5x | as long as short |
| BingX STONK-USDTlong | +0.3944% | 4h | 0.3331 | long leg | — | $916K | — | |
| Gate STONK_USDT | +0.4482% | 4h | 0.3346 | +0.444% | $958K | $2.1M | 10x | as long as short |
MEXC STONK_USDT
Lighter STONK
Phoenix STONK
Bybit STONKUSDT
Aster STONKUSDT
BloFin STONK-USDT
Gate STONK_USDT