Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.108%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.108%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.081% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008321 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $670K | $400K | 50x |
| Short | BingX GMT-USDT | 0.008312 | 0.0100 | get 0.0050% / 4h | 1h 33m | — | $1.2M | — |
Bitget GMTUSDT
BingX GMT-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
- $0
- Price spread: −0.108% → −0.027%
- −$8.07
- Slippage, 4 orders
- −$78.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.1
- Costs to cover
- 1.000%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 47 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, 47 min ago | 8.98 bp | 24.0 bp −$24 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 6.01 bp | 24.2 bp −$24 | 56.1 bp −$561 | 531.5 bp −$53.1K | 984.5 bp −$492.3K |
GMT 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_GMTUSD | −0.0999% | 1h | 0.008307 | −0.172% | $45K | $10K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0054% | 4h | 0.008300 | −0.252% | $257K | $99K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008316 | −0.060% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008316 | −0.055% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008315 | −0.076% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008311 | −0.120% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008310 | −0.132% | $344K | $553K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008320 | −0.012% | $146K | $104K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008316 | −0.060% | $421K | $184K | 20x | as long as short |
| Bitget GMTUSDTlong | +0.0100% | 4h | 0.008321 | long leg | $670K | $400K | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDTshort | +0.0100% | 4h | 0.008312 | −0.108% | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008314 | −0.090% | $3K | $5K | — | as long as short |
Variational Omni GMT