Settings8H · net · $10k
Funding arb · Price arb /

ACT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.023%
Price spread now: BingX against Bitget−0.090%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.090%, 7d avg +0.012%
Together, before fees+0.113%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.102% cheaper against Bitget than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of +0.012%). If the spread goes back, that is −$10 on $10k: about 3.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.023% in total) that is about 31 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ACTUSDT0.011120.0100pay 0.0050% / 4h1m 39s$269K$86K10x
ShortBingX ACT-USDT0.011110.0194get 0.0097% / 4h1m 39s$1.3M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$19.74
Price spread: −0.090% → +0.012%
−$10.18
Slippage, 4 orders
−$134.83
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$147.26
Costs to cover
1.568%
Break-even
59.2 days
Slippage from Bitget: live order book, 48 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 48 min ago9.17 bp40.4 bp −$40486.8 bp −$4,868doesn't fitdoesn't fit
Sell BingX live order book, 4 min ago5.42 bp25.7 bp −$26180.1 bp −$1,801694.2 bp −$69.4K1057.8 bp −$528.9K

ACT on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ACTUSDT+0.0100%4h0.01111−0.075%$2.1M$2.3M10xas long as short
Gate ACT_USDT+0.0100%4h0.01110−0.180%$158K$95K25xas long as short
MEXC ACT_USDT+0.0100%4h0.01111−0.126%$6.5M$116K20xas long as short
Bitget ACTUSDTlong+0.0100%4h0.01112long leg$269K$86K10x
OKX ACT-USDT-SWAP+0.0154%4h0.01113+0.054%$794K$1.4M10xas long as short
Bybit ACTUSDT+0.0160%4h0.01113+0.099%$629K$434K25xas long as short
BingX ACT-USDTshort+0.0194%4h0.01111−0.090%$1.3M