Funding you earn now, next payment 08:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.53 per $10,000 · paid last 24h −0.052%
Price spread now: Bitget against Binance−0.235%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$960.961% of the position
Funding, last 7 days−0.562%−$56 on $10k
+Price spread, last 4 days (all we have)+0.316%+$32 · spread now −0.235%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.167% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 龙虾USDT | 0.2070 | 0.0205 | pay 0.0103% / 4h | 3h 13m | $51.9M | $210.3M | 10x |
| Short | Bitget 龙虾USDT | 0.2065 | 0.0100 | get 0.0050% / 4h | 3h 13m | $57.3M | $10.9M | 5x |
Binance 龙虾USDT
Bitget 龙虾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
- −$22.09
- Price spread: −0.235% → −0.068%
- −$16.71
- Slippage, 4 orders
- −$74.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$134.88
- Costs to cover
- 0.961%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 6 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, 15 min ago | 1.18 bp | 17.4 bp −$17 | 83.6 bp −$836 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 9.36 bp | 35.6 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
龙虾 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 龙虾_USDT | −0.0088% | 4h | 0.2069 | −0.044% | $3.8M | $13.0M | 10x | as long as short |
| Aster 龙虾USDT | +0.0100% | 4h | 0.2077 | +0.325% | $10.4M | $22.2M | 5x | as long as short |
| Bitget 龙虾USDTshort | +0.0100% | 4h | 0.2065 | −0.235% | $57.3M | $10.9M | 5x | |
| SunX 龙虾-USDT | +0.0100% | 4h | 0.2082 | +0.576% | $1K | $2.5M | 20x | as long as short |
| HTX 龙虾-USDT | +0.0100% | 4h | 0.2080 | +0.474% | $245K | $1.9M | 10x | as long as short |
| Binance 龙虾USDTlong | +0.0205% | 4h | 0.2070 | long leg | $51.9M | $210.3M | 10x |
Gate 龙虾_USDT
Aster 龙虾USDT
SunX 龙虾-USDT
HTX 龙虾-USDT