CP: BingX ↔ Bitget arbitrage

CP arbitrage between BingX and Bitget: we compare the price of CP on BingX (spot) and Bitget (futures) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

Over the past 24 hours the spread between BingX and Bitget stayed between 0.23% and 1.15%, median 0.44% across 41 samples (futures to futures).

CP: BingX — deposit open, withdrawal open; Bitget — deposit open, withdrawal open.

Open interest in CP right now — $2.6M: OKX $2.1M, Bitget $491.3K, KuCoin $27.4K, BingX $5.1K. See OI CP.

About CP arbitrage

How do I read the CP spread?

The spread is how many percent higher CP trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on BingX and Bitget. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get CP alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.