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−0.024%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1551.548% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.024%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget INITUSDT | 0.08182 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $427K | $311K | 25x |
| Short | BingX INIT-USDT | 0.08180 | 0.0100 | get 0.0050% / 4h | 2h 54m | — | $6.6M | — |
Bitget INITUSDT
BingX INIT-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: −0.024% → −0.013%
- −$1.18
- Slippage, 4 orders
- −$132.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$155.94
- Costs to cover
- 1.548%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 29 min ago; BingX: live order book, 13 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, 29 min ago | 7.91 bp | 49.3 bp −$49 | 258.9 bp −$2,589 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 6.11 bp | 30.8 bp −$31 | 84.5 bp −$845 | 507.1 bp −$50.7K | 787.9 bp −$394.0K |
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0063% | 4h | 0.08178 | −0.049% | $156K | $110K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08173 | −0.110% | $296K | $235K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08185 | +0.039% | $27K | $36K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08185 | +0.031% | $3.4M | $3.6M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08187 | +0.061% | $1.4M | $1.4M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08179 | −0.037% | $132K | $631K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08180 | −0.024% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08193 | +0.134% | $445K | $215K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08197 | +0.183% | $326K | $56K | 25x | as long as short |
| Bitget INITUSDTlong | +0.0100% | 4h | 0.08182 | long leg | $427K | $311K | 25x |
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDTshort | +0.0100% | 4h | 0.08180 | −0.024% | — | $6.6M | — | |
| Variational Omni INIT | +0.0100% | 4h | 0.08169 | −0.159% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0534% | 1h | 0.08193 | +0.134% | $6K | $18K | 10x | as long as short |
Variational Omni INIT
Kraken Futures PF_INITUSD