Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.107%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$960.964% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.107%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.062% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUALUSDT | 0.01396 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $782K | $420K | 50x |
| Short | BingX USUAL-USDT | 0.01395 | 0.0100 | get 0.0050% / 4h | 3h 03m | — | $1.2M | — |
Bitget USUALUSDT
BingX USUAL-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
- $0
- Price spread: −0.107% → −0.045%
- −$6.21
- Slippage, 4 orders
- −$74.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$102.65
- Costs to cover
- 0.964%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 27 min ago; BingX: 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 Bitget live order book, 27 min ago | 7.26 bp | 18.4 bp −$18 | 96.8 bp −$968 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.38 bp | 20.8 bp −$21 | 101.9 bp −$1,019 | 531.7 bp −$53.2K | 810.8 bp −$405.4K |
USUAL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4152% | 1h | 0.01370 | −1.862% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0123% | 1h | 0.01393 | −0.186% | $111K | $11K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01394 | −0.143% | $398K | $177K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01393 | −0.186% | $2.2M | $3.0M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01395 | −0.093% | $1.0M | $733K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01397 | +0.072% | $946K | $94K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01394 | −0.115% | $6.1M | $251K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01393 | −0.215% | $189K | $84K | 20x | as long as short |
| Bitget USUALUSDTlong | +0.0100% | 4h | 0.01396 | long leg | $782K | $420K | 50x | |
| BingX USUAL-USDTshort | +0.0100% | 4h | 0.01395 | −0.107% | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01396 | +0.026% | $11K | $1K | — | as long as short |
Variational Omni USUAL