Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.097%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.097%, 7d avg −0.022%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.075% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FETUSDT | 0.2053 | 0.0306 | pay 0.0306% / 8h | 0m 01s | $16.6M | $11.6M | 75x |
| Short | BingX FET-USDT | 0.2051 | 0.0286 | get 0.0286% / 8h | 0m 01s | — | $5.7M | — |
Bitget FETUSDT
BingX FET-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
- −$4.2
- Price spread: −0.097% → −0.022%
- −$7.52
- Slippage, 4 orders
- −$27.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$61.47
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 9 min ago; BingX: live order book, 10 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, 9 min ago | 4.89 bp | 14.2 bp −$14 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.88 bp | 12.1 bp −$12 | 15.9 bp −$159 | 49.5 bp −$4,952 | 395.3 bp −$197.7K |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.2183% | 1h | 0.2050 | −0.146% | $29K | $202K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0728% | 1h | 0.2048 | −0.244% | $152K | $208K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0475% | 1h | 0.2053 | −0.017% | $1.0M | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0013% | 1h | 0.2050 | −0.164% | $32K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | −2.094% | $3K | $166K | 12x | as long as short |
| Gate FET_USDT | +0.0066% | 8h | 0.2050 | −0.146% | $2.8M | $12.2M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2050 | −0.136% | $341K | $544K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2051 | −0.107% | $32.0M | $109.5M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2051 | −0.097% | $34.6M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2051 | −0.097% | $10.8M | $19.2M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FET | +0.0100% | 8h | 0.2042 | −0.525% | $359K | $399K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2049 | −0.195% | $38K | $6K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2050 | −0.169% | $33K | $191K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2049 | −0.205% | $14K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2045 | −0.390% | $1.7M | $2.7M | 100x | as long as short |
| BingX FET-USDTshort | +0.0286% | 8h | 0.2051 | −0.097% | — | $5.7M | — | |
| OKX FET-USDT-SWAP | +0.0299% | 4h | 0.2054 | +0.049% | $1.0M | $8.0M | 20x | as long as short |
| Bitget FETUSDTlong | +0.0306% | 8h | 0.2053 | long leg | $16.6M | $11.6M | 75x | |
| Hyperliquid FET | +0.0416% | 1h | 0.2053 | 0.000% | $9.1M | $8.0M | 5x | as long as short |
| Phoenix FET | +0.0508% | 1h | 0.2043 | −0.482% | $36K | $45K | 5x | as long as short |
Variational Omni FET
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
OKX FET-USDT-SWAP
Hyperliquid FET
Phoenix FET