Funding you earn now, next payment 12:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.076%
Price spread now: BingX against Bitget+0.100%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days−0.305%−$30 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.100%, 7d avg +0.029%
=The price spread pays, funding is against you. BingX is 0.071% dearer against Bitget than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.029%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days. At the pace of the last 7 days (−0.305% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CPUSDT | 0.01405 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $803K | $1.7M | 20x |
| Short | BingX CP-USDT | 0.01406 | 0.0070 | get 0.0035% / 4h | 3h 58m | — | $1.1M | — |
Bitget CPUSDT
BingX CP-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
- −$6.3
- Price spread: +0.100% → +0.029%
- $7.09
- Slippage, 4 orders
- −$71.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.07
- Costs to cover
- 0.939%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 11 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 | 5.68 bp | 26.6 bp −$27 | 113.9 bp −$1,139 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 7.11 bp | 27.6 bp −$28 | 97.2 bp −$972 | 1008.4 bp −$100.8K | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDTshort | +0.0070% | 4h | 0.01406 | +0.100% | — | $1.1M | — | |
| Bybit CPUSDT | +0.0100% | 4h | 0.01406 | +0.100% | $1.7M | $3.2M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01406 | +0.100% | $587K | $534K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01409 | +0.313% | $207K | $934K | 20x | as long as short |
| Bitget CPUSDTlong | +0.0100% | 4h | 0.01405 | long leg | $803K | $1.7M | 20x | |
| MEXC CP_USDT | +0.0188% | 4h | 0.01405 | +0.028% | $1.5M | $391K | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0194% | 4h | 0.01405 | +0.028% | $3.9M | $11.8M | 20x | as long as short |
| BloFin CP-USDT | +0.0212% | 4h | 0.01402 | −0.185% | $429 | $43K | 20x | as long as short |
Bybit CPUSDT
Gate CP_USDT
KuCoin CPUSDTM
MEXC CP_USDT
OKX CP-USDT-SWAP
BloFin CP-USDT