Settings8H · net · $10k
Funding arb · Price arb /

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.068%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.068%, 7d avg +0.012%
Together, before fees+0.004%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.056% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX W-USDT0.011780.0100pay 0.0050% / 4h0m 31s$6.7M
ShortBitget WUSDT0.011790.0100get 0.0050% / 4h0m 31s$1.3M$572K50x

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

Funding earned
$0
Price spread: +0.068% → +0.012%
$5.57
Slippage, 4 orders
−$84.35
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$100.78
Costs to cover
1.064%
Break-even
never at this rate
Slippage from BingX: live order book, 7 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago5.10 bp22.3 bp −$2283.3 bp −$833794.1 bp −$79.4K1227.0 bp −$613.5K
Sell Bitget live order book, 1 min ago8.49 bp32.7 bp −$3367.7 bp −$677doesn't fitdoesn't fit

W on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit W_USDC-PERPETUAL−0.0005%1h0.01177−0.076%$14K$4K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.614%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01180+0.153%$2.0M$275K5xas long as short
Binance WUSDT+0.0100%4h0.01179+0.053%$3.0M$5.1M50xas long as short
Bybit WUSDT+0.0100%4h0.01177−0.136%$4.1M$1.5M50xas long as short
OKX W-USDT-SWAP+0.0100%4h0.01178−0.042%$1.3M$1.5M20xas long as short
Gate W_USDT+0.0100%4h0.01174−0.365%$428K$234K75xas long as short
MEXC W_USDT+0.0100%4h0.01179+0.042%$12.3M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01176−0.187%$387K$190K50xas long as short
Bitget WUSDTshort+0.0100%4h0.01179+0.068%$1.3M$572K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDTlong+0.0100%4h0.01178long leg$6.7M
Backpack W_USDC_PERP+0.0100%1h0.01179+0.085%$46K$52K15xas long as short
Variational Omni W+0.0100%4h0.01175−0.260%$71K$41Kas long as short
GRVT W_USDT_Perp+0.0100%4h0.01177−0.072%$126K$387K10xas long as short
Extended W-USD+0.0104%1h0.01179+0.041%$59K$388K5xas long as short
Coinbase International W-PERP-INTX+0.0384%1h0.01186+0.654%$13K$13K50xas long as short
Kraken Futures PF_WUSD+0.1322%1h0.01179+0.075%$147K$53K20xas long as short