Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.033%
Price spread now: Bitget against BingX+0.146%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1611.610% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days−0.102%−$10 · spread now +0.146%, 7d avg −0.080%
=The price spread pays, funding is against you. Bitget is 0.226% dearer against BingX than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of −0.080%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 42 days. At the pace of the last 7 days (−0.258% in total) that is about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01646 | 0.0540 | pay 0.0270% / 4h | 2h 33m | — | $1.3M | — |
| Short | Bitget USUSDT | 0.01648 | 0.0522 | get 0.0261% / 4h | 2h 33m | $4.3M | $244K | 10x |
BingX US-USDT
Bitget USUSDTFunding 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
- −$3.78
- Price spread: +0.146% → −0.080%
- $22.62
- Slippage, 4 orders
- −$139
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$142.17
- Costs to cover
- 1.610%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 4 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, 2 min ago | 3.64 bp | 34.8 bp −$35 | 161.3 bp −$1,613 | 1068.8 bp −$106.9K | doesn't fit |
| Sell Bitget live order book, 4 min ago | 11.83 bp | 42.7 bp −$43 | 199.3 bp −$1,993 | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | +0.0074% | 4h | 0.01644 | −0.115% | $4.2M | $273K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01646 | +0.001% | $12K | $54K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01646 | +0.030% | $3.2M | $825K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01644 | −0.115% | $2.1M | $540K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01647 | +0.088% | $16K | $3K | — | as long as short |
| Binance USUSDT | +0.0120% | 4h | 0.01645 | −0.012% | $9.2M | $3.1M | 10x | as long as short |
| Extended US-USD | +0.0120% | 1h | 0.01646 | +0.037% | $4K | $141K | 5x | as long as short |
| MEXC US_USDT | +0.0122% | 4h | 0.01646 | +0.030% | $5.5M | $116K | 100x | as long as short |
| BloFin US-USDT | +0.0174% | 4h | 0.01646 | +0.012% | $481K | $49K | 10x | as long as short |
| Bitget USUSDTshort | +0.0522% | 4h | 0.01648 | +0.146% | $4.3M | $244K | 10x |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Gate US_USDT
Variational Omni US
Binance USUSDT
Extended US-USD
MEXC US_USDT
BloFin US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDTlong | +0.0540% | 4h | 0.01646 | long leg | — | $1.3M | — |