Funding you earn now, next payment 00:00 UTC−0.0123%/8h= −13.5% APRnext payment −$0.62 per $10,000 · paid last 24h +0.054%
Price spread now: Binance against Bitget−0.339%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1721.720% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)+0.398%+$40 · spread now −0.339%, 7d avg −0.100%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.239% cheaper against Bitget than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.100%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.147%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ACUUSDT | 0.1211 | 0.0586 | pay 0.0293% / 4h | 2h 40m | $254K | $237K | 10x |
| Short | Binance ACUUSDT | 0.1207 | 0.0463 | get 0.0231% / 4h | 2h 40m | $2.5M | $1.3M | 10x |
Bitget ACUUSDT
Binance ACUUSDTFunding 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
- −$25.88
- Price spread: −0.339% → −0.100%
- −$23.9
- Slippage, 4 orders
- −$150.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$221.8
- Costs to cover
- 1.720%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 43 min ago; Binance: live order book, 10 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, 43 min ago | 10.78 bp | 39.5 bp −$39 | 326.9 bp −$3,269 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.91 bp | 44.3 bp −$44 | 304.7 bp −$3,047 | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1205 | −0.487% | $220K | $276K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1206 | −0.380% | $172K | $15K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1202 | −0.719% | $556K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1204 | −0.512% | $2K | $1.1M | 20x | as long as short |
| Bybit ACUUSDT | +0.0217% | 4h | 0.1205 | −0.463% | $830K | $552K | 13x | as long as short |
| Aster ACUUSDT | +0.0269% | 4h | 0.1205 | −0.422% | $2K | $5K | 5x | as long as short |
| Binance ACUUSDTshort | +0.0463% | 4h | 0.1207 | −0.339% | $2.5M | $1.3M | 10x | |
| MEXC ACU_USDT | +0.0472% | 4h | 0.1206 | −0.355% | $13.7M | $344K | 50x | as long as short |
| BloFin ACU-USDT | +0.0500% | 4h | 0.1207 | −0.314% | $119K | $59K | 10x | as long as short |
| BingX ACU-USDT | +0.0582% | 4h | 0.1206 | −0.347% | — | $1.3M | — | as long as short |
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Bybit ACUUSDT
Aster ACUUSDT
MEXC ACU_USDT
BloFin ACU-USDT
BingX ACU-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ACUUSDTlong | +0.0586% | 4h | 0.1211 | long leg | $254K | $237K | 10x |