Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.073%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.073%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.023% dearer against BingX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01376 | 0.0100 | pay 0.0050% / 4h | 3h 12m | — | $1.2M | — |
| Short | Bitget USUALUSDT | 0.01377 | 0.0100 | get 0.0050% / 4h | 3h 12m | $826K | $418K | 50x |
BingX USUAL-USDT
Bitget USUALUSDTFunding 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
- $0
- Price spread: +0.073% → +0.050%
- $2.27
- Slippage, 4 orders
- −$73.15
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$92.88
- Costs to cover
- 0.952%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bitget: live order book, 58 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 | 4.72 bp | 23.3 bp −$23 | 121.2 bp −$1,212 | 590.8 bp −$59.1K | 822.7 bp −$411.4K |
| Sell Bitget live order book, 58 min ago | 3.63 bp | 28.9 bp −$29 | 89.9 bp −$899 | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4996% | 1h | 0.01358 | −1.308% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0641% | 1h | 0.01375 | −0.092% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01377 | +0.073% | $396K | $185K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01376 | −0.011% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01377 | +0.065% | $1.0M | $795K | 25x | as long as short |
| Gate USUAL_USDT | +0.0100% | 8h | 0.01378 | +0.145% | $932K | $212K | 50x | as long as short |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01375 | −0.051% | $6.0M | $246K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01377 | +0.073% | $271K | $62K | 20x | as long as short |
| Bitget USUALUSDTshort | +0.0100% | 4h | 0.01377 | +0.073% | $826K | $418K | 50x | |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01376 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
Gate USUAL_USDT
MEXC USUAL_USDT
KuCoin USUALUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01375 | −0.041% | $9K | $208 | — | as long as short |
Variational Omni USUAL