Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Bitget−0.050%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now −0.050%, 7d avg −0.096%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.045% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DEEPUSDT | 0.01995 | 0.0100 | pay 0.0050% / 4h | 57m 49s | $850K | $596K | 50x |
| Short | BingX DEEP-USDT | 0.01994 | 0.0200 | get 0.0100% / 4h | 57m 49s | — | $6.7M | — |
Bitget DEEPUSDT
BingX DEEP-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
- $21
- Price spread: −0.050% → −0.096%
- $4.55
- Slippage, 4 orders
- −$109.09
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$105.55
- Costs to cover
- 1.311%
- Break-even
- 42.2 days
Slippage from Bitget: live order book, 18 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 18 min ago | 7.53 bp | 25.9 bp −$26 | 144.1 bp −$1,441 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 7.55 bp | 32.2 bp −$32 | 92.5 bp −$925 | 645.3 bp −$64.5K | 1083.3 bp −$541.6K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.2692% | 1h | 0.01986 | −0.451% | $81K | $17K | 20x | as long as short |
| BloFin DEEP-USDT | +0.0090% | 8h | 0.01985 | −0.501% | $139K | $34K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01995 | +0.023% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01985 | −0.501% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01990 | −0.251% | $306K | $98K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01995 | 0.000% | $1.1M | $539K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01995 | 0.000% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDTlong | +0.0100% | 4h | 0.01995 | long leg | $850K | $596K | 50x | |
| Variational Omni DEEP | +0.0100% | 8h | 0.01979 | −0.790% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01993 | −0.120% | $5K | $221K | 5x | as long as short |
Bluefin DEEP-PERP
BloFin DEEP-USDT
Binance DEEPUSDT
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01994 | −0.050% | — | $6.7M | — | |
| Kraken Futures PF_DEEPUSD | +1.3523% | 1h | 0.02014 | +0.968% | $8K | $7K | 10x | as long as short |
Kraken Futures PF_DEEPUSD