Funding you earn now, next payment 08:00 UTC+0.0714%/8h= +78.2% APRnext payment +$3.57 per $10,000 · paid last 24h +0.131%
Price spread now: Bitget against Binance−0.038%7-day average +0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$950.951% of the position
Funding, last 7 days+0.641%+$64 on $10k
+Price spread, last 7 days+0.143%+$14 · spread now −0.038%, 7d avg +0.134%
=Funding pays, the price is against you. Bitget is 0.172% cheaper against Binance than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.134%). If the spread goes back, that is −$17 on $10k: about 19 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.641% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 牛来USDT | 0.1044 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $31.9M | $81.3M | 10x |
| Short | Bitget 牛来USDT | 0.1043 | 0.0814 | get 0.0407% / 4h | 3h 13m | $1.7M | $4.7M | 10x |
Binance 牛来USDT
Bitget 牛来USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- $149.94
- Price spread: −0.038% → +0.134%
- −$17.2
- Slippage, 4 orders
- −$73.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $37.59
- Costs to cover
- 0.951%
- Break-even
- 5.2 days
Slippage from Binance: live order book, 14 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 Binance live order book, 14 min ago | 1.43 bp | 19.2 bp −$19 | 66.2 bp −$662 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 9.05 bp | 28.8 bp −$29 | 84.3 bp −$843 | doesn't fit | doesn't fit |
牛来 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 牛来USDTlong | +0.0100% | 4h | 0.1044 | long leg | $31.9M | $81.3M | 10x | |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1043 | −0.077% | $1K | $423K | 10x | as long as short |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1047 | +0.297% | $136K | $970K | 20x | as long as short |
| Aster 牛来USDT | +0.0422% | 4h | 0.1043 | −0.065% | $573K | $458K | 10x | as long as short |
| Gate 牛来_USDT | +0.0584% | 4h | 0.1043 | −0.077% | $2.9M | $5.8M | 20x | as long as short |
| Bitget 牛来USDTshort | +0.0814% | 4h | 0.1043 | −0.038% | $1.7M | $4.7M | 10x |
SunX 牛来-USDT
HTX 牛来-USDT
Aster 牛来USDT
Gate 牛来_USDT