Funding you earn now, next payment 01:00 UTC−0.2832%/8h= −310.1% APRnext payment −$3.54 per $10,000 · paid last 24h −0.172%
Price spread now: Bitget against BingX+0.349%7-day average −0.400% · you sell dearer than you buy
Net, funding: paid 7d − costs−$263as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$1291.293% of the position
Funding, last 7 days−1.332%−$133 on $10k
+Price spread, last 7 days−0.860%−$86 · spread now +0.349%, 7d avg −0.400%
=The price spread pays, funding is against you. Bitget is 0.749% dearer against BingX than usual: you sell high and buy low (spread +0.349% now, against its 7-day average of −0.400%): +$75 on $10k if it goes back. Holding the pair costs −$85 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−1.332% in total) that is about 3.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.332% in total (about -69.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.54 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 ONE-USDT | 0.004301 | −0.0096 | get 0.0012% / 1h | 13m 09s | — | $6.5M | — |
| Short | Bitget ONEUSDT | 0.004316 | −0.2928 | pay 0.0366% / 1h | 13m 09s | $2.0M | $35.9M | 20x |
BingX ONE-USDT
Bitget ONEUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$594.72
- Price spread: +0.349% → −0.400%
- $74.9
- Slippage, 4 orders
- −$107.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$649.16
- Costs to cover
- 1.293%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Bitget: live order book, 1 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, 9 min ago | 4.08 bp | 22.3 bp −$22 | 106.9 bp −$1,069 | 736.4 bp −$73.6K | 1212.9 bp −$606.5K |
| Sell Bitget live order book, 1 min ago | 2.92 bp | 45.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.4794% | 1h | 0.004233 | −1.589% | $103K | $55K | — | as long as short |
| Bitget ONEUSDTshort | −0.2928% | 1h | 0.004316 | +0.349% | $2.0M | $35.9M | 20x | |
| Aster ONEUSDT | −0.1914% | 1h | 0.004246 | −1.294% | $2.2M | $7.1M | 5x | as long as short |
| BloFin ONE-USDT | −0.1912% | 1h | 0.004263 | −0.881% | $803K | $3.0M | 50x | as long as short |
| Gate ONE_USDT | −0.1589% | 8h | 0.004263 | −0.890% | $1.7M | $16.7M | 20x | as long as short |
| Binance ONEUSDT | −0.0952% | 1h | 0.004272 | −0.690% | $14.5M | $357.7M | 50x | as long as short |
| MEXC ONE_USDT | −0.0952% | 1h | 0.004270 | −0.728% | $11.2M | $17.0M | 20x | as long as short |
| BingX ONE-USDTlong | −0.0096% | 1h | 0.004301 | long leg | — | $6.5M | — | |
| KuCoin ONEUSDTM | +0.1608% | 1h | 0.004476 | +4.062% | $4.6M | $13.1M | 30x | as long as short |
Variational Omni ONE
Aster ONEUSDT
BloFin ONE-USDT
Gate ONE_USDT
Binance ONEUSDT
MEXC ONE_USDT
KuCoin ONEUSDTM