Funding you earn now, next payment 12:00 UTC−0.0132%/8h= −14.4% APRnext payment −$0.66 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against Bitget−0.029%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.187%+$19 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.029%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.068% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.187%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VTHOUSDT | 0.0006930 | −0.1936 | get 0.0968% / 4h | 3h 03m | $1.2M | $1.3M | 50x |
| Short | BingX VTHO-USDT | 0.0006928 | −0.2068 | pay 0.1034% / 4h | 3h 03m | — | $1.4M | — |
Bitget VTHOUSDT
BingX VTHO-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
- −$27.64
- Price spread: −0.029% → +0.039%
- −$6.84
- Slippage, 4 orders
- −$53.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$110.46
- Costs to cover
- 0.760%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 3 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, 3 min ago | 5.07 bp | 22.3 bp −$22 | 114.5 bp −$1,145 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.34 bp | 19.3 bp −$19 | 58.4 bp −$584 | 515.0 bp −$51.5K | 798.0 bp −$399.0K |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VTHO_USDT | −0.3154% | 4h | 0.0006930 | 0.000% | $329K | $526K | 25x | as long as short |
| Binance VTHOUSDT | −0.2200% | 4h | 0.0006928 | −0.025% | $5.0M | $14.5M | 50x | as long as short |
| MEXC VTHO_USDT | −0.2178% | 4h | 0.0006927 | −0.043% | $1.7M | $214K | 20x | as long as short |
| BingX VTHO-USDTshort | −0.2068% | 4h | 0.0006928 | −0.029% | — | $1.4M | — | |
| Bitget VTHOUSDTlong | −0.1936% | 4h | 0.0006930 | long leg | $1.2M | $1.3M | 50x |
Gate VTHO_USDT
Binance VTHOUSDT
MEXC VTHO_USDT