MUBARAK

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0444%/8h= −48.6% APRnext payment −$2.22 per $10,000 · paid last 24h −0.045%

Price spread now: Bitget against BingX−0.046%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$900.898% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.221%−$22 on $10k

Price spread, last 7 days+0.118%+$12 · spread now −0.046%, 7d avg +0.020%

Together, before fees−0.102%−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.065% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.020%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MUBARAK-USDT	0.04354	0.0544	pay 0.0272% / 4h	1h 30m	—	$3.1M	—
Short	Bitget MUBARAKUSDT	0.04352	0.0100	get 0.0050% / 4h	1h 30m	$2.7M	$7.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BitgetbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$93.24
Price spread: −0.046% → +0.020%: −$6.55
Slippage, 4 orders: −$67.77
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$189.56
Costs to cover: 0.898%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 3 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 BingX live order book, 5 min ago	4.59 bp	15.9 bp −$16	49.5 bp −$495	406.0 bp −$40.6K	doesn't fit
Sell Bitget live order book, 3 min ago	3.45 bp	31.9 bp −$32	90.3 bp −$903	doesn't fit	doesn't fit

MUBARAK on 11 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
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.04355	+0.011%	$2.6M	$52.1M	20x	as long as short
Bitget MUBARAKUSDTshort	+0.0100%	4h	0.04352	−0.046%	$2.7M	$7.0M	25x
Variational Omni MUBARAK	+0.0100%	4h	0.04347	−0.171%	$13K	$51K	—	as long as short
Binance MUBARAKUSDT	+0.0102%	4h	0.04354	+0.005%	$15.7M	$85.4M	25x	as long as short
MEXC MUBARAK_USDT	+0.0108%	4h	0.04347	−0.161%	$856K	$1.5M	50x	as long as short
Aster MUBARAKUSDT	+0.0238%	4h	0.04352	−0.046%	$21K	$388K	5x	as long as short
Gate MUBARAK_USDT	+0.0298%	4h	0.04353	−0.023%	$6.9M	$5.4M	50x	as long as short
BingX MUBARAK-USDTlong	+0.0544%	4h	0.04354	long leg	—	$3.1M	—
Bybit MUBARAKUSDT	+0.0566%	4h	0.04355	+0.023%	$3.3M	$10.5M	25x	as long as short
KuCoin MUBARAKUSDTM	+0.1556%	4h	0.04350	−0.092%	$1.5M	$986K	30x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MUBARAKUSD	+0.2141%	1h	0.04339	−0.344%	$65K	$420K	10x	as long as short