Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.131%
Price spread now: Binance against Bitget−0.242%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.641%−$64 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now −0.242%, 7d avg −0.136%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Binance is 0.106% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.136%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget 牛来USDT | 0.1032 | 0.0800 | pay 0.0400% / 4h | 8m 35s | $1.7M | $5.0M | 10x |
| Short | Binance 牛来USDT | 0.1030 | 0.0100 | get 0.0050% / 4h | 8m 35s | $31.0M | $81.7M | 10x |
Bitget 牛来USDT
Binance 牛来USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$147
- Price spread: −0.242% → −0.136%
- −$10.64
- Slippage, 4 orders
- −$53.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$232.92
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: 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 Bitget live order book, 5 min ago | 8.74 bp | 24.4 bp −$24 | 106.4 bp −$1,064 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.97 bp | 14.3 bp −$14 | 65.1 bp −$651 | 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USDTshort | +0.0100% | 4h | 0.1030 | −0.242% | $31.0M | $81.7M | 10x | |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1029 | −0.320% | $1K | $395K | 10x | as long as short |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1034 | +0.194% | $121K | $951K | 20x | as long as short |
| Gate 牛来_USDT | +0.0318% | 4h | 0.1029 | −0.329% | $2.9M | $5.6M | 20x | as long as short |
| Aster 牛来USDT | +0.0335% | 4h | 0.1028 | −0.380% | $576K | $461K | 10x | as long as short |
| Bitget 牛来USDTlong | +0.0800% | 4h | 0.1032 | long leg | $1.7M | $5.0M | 10x |
SunX 牛来-USDT
HTX 牛来-USDT
Gate 牛来_USDT
Aster 牛来USDT