Funding you earn now, next payment 08:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.95 per $10,000 · paid last 24h +0.044%
Price spread now: BingX against Bitget−0.103%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2112.107% of the position
Funding, last 7 days+0.265%+$27 on $10k
+Price spread, last 7 days+0.109%+$11 · spread now −0.103%, 7d avg +0.079%
=Funding pays, the price is against you. BingX is 0.182% cheaper against Bitget than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of +0.079%). If the spread goes back, that is −$18 on $10k: about 3.2 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUSDT | 0.01645 | 0.0354 | pay 0.0177% / 4h | 2h 21m | $4.3M | $263K | 10x |
| Short | BingX US-USDT | 0.01643 | 0.0544 | get 0.0272% / 4h | 2h 21m | — | $1.3M | — |
Bitget USUSDT
BingX US-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
- $39.9
- Price spread: −0.103% → +0.079%
- −$18.21
- Slippage, 4 orders
- −$188.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$189
- Costs to cover
- 2.107%
- Break-even
- 40.2 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 7 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, 2 min ago | 11.85 bp | 49.7 bp −$50 | 359.5 bp −$3,595 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.40 bp | 51.4 bp −$51 | 108.5 bp −$1,085 | 755.3 bp −$75.5K | 1162.7 bp −$581.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01645 | −0.024% | $3.2M | $933K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01639 | −0.328% | $2.1M | $602K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01628 | −1.027% | $4.0M | $386K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01643 | −0.132% | $16K | $3K | — | as long as short |
| Bitget USUSDTlong | +0.0354% | 4h | 0.01645 | long leg | $4.3M | $263K | 10x | |
| Aster USUSDT | +0.0453% | 4h | 0.01641 | −0.258% | $12K | $54K | 5x | as long as short |
| BingX US-USDTshort | +0.0544% | 4h | 0.01643 | −0.103% | — | $1.3M | — | |
| MEXC US_USDT | +0.0590% | 4h | 0.01643 | −0.134% | $5.5M | $114K | 100x | as long as short |
| BloFin US-USDT | +0.0598% | 4h | 0.01643 | −0.128% | $479K | $49K | 10x | as long as short |
| Binance USUSDT | +0.0599% | 4h | 0.01643 | −0.133% | $9.2M | $3.2M | 10x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
MEXC US_USDT
BloFin US-USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended US-USD | +0.0600% | 1h | 0.01642 | −0.153% | $1K | $169K | 5x | as long as short |
Extended US-USD