Funding you earn now, next payment 08:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.53 per $10,000 · paid last 24h +0.069%
Price spread now: BingX against Bitget−0.023%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$840.841% of the position
Funding, last 7 days+0.842%+$84 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now −0.023%, 7d avg +0.006%
=Funding pays, the price is against you. BingX is 0.029% cheaper against Bitget than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.006%). If the spread goes back, that is −$3 on $10k: about 44 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.842% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EGLDUSDT | 4.4010 | 0.0100 | pay 0.0100% / 8h | 5h 37m | $2.3M | $4.3M | 75x |
| Short | BingX EGLD-USDT | 4.4000 | 0.0153 | get 0.0153% / 8h | 5h 37m | — | $2.9M | — |
Bitget EGLDUSDT
BingX EGLD-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
- $11.13
- Price spread: −0.023% → +0.006%
- −$2.91
- Slippage, 4 orders
- −$62.13
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$75.91
- Costs to cover
- 0.841%
- Break-even
- 54.7 days
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 12 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, 1 min ago | 7.96 bp | 25.7 bp −$26 | 72.7 bp −$727 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 6.80 bp | 13.7 bp −$14 | 47.8 bp −$478 | 220.6 bp −$22.1K | 804.8 bp −$402.4K |
EGLD 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0121% | 1h | 4.4061 | +0.116% | $439K | $699K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.837% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3994 | −0.037% | $4.8M | $27.4M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3980 | −0.068% | $2.7M | $8.9M | 75x | as long as short |
| Gate EGLD_USDT | +0.0100% | 8h | 4.4120 | +0.250% | $463K | $712K | 30x | as long as short |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3990 | −0.045% | $4.1M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.4080 | +0.159% | $2.8M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDTlong | +0.0100% | 8h | 4.4010 | long leg | $2.3M | $4.3M | 75x | |
| Variational Omni EGLD | +0.0100% | 8h | 4.4066 | +0.128% | $17K | $54K | — | as long as short |
| BingX EGLD-USDTshort | +0.0153% | 8h | 4.4000 | −0.023% | — | $2.9M | — |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
Gate EGLD_USDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Variational Omni EGLDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EGLD-USDT-SWAP | +0.0158% | 8h | 4.4010 | 0.000% | $636K | $5.3M | 20x | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.4060 | +0.114% | $231K | $595K | 75x | as long as short |
OKX EGLD-USDT-SWAP
BloFin EGLD-USDT