Funding you earn now, next payment 04:00 UTC+0.1228%/8h= +134.4% APRnext payment +$6.14 per $10,000 · paid last 24h +0.295%
Price spread now: Binance against Bitget+0.136%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$1991.993% of the position
Funding, last 7 days+0.447%+$45 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now +0.136%, 7d avg +0.125%
=The price spread sits at its 7-day average of +0.125%, so right now this pair is about funding alone: +$37 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.447% in total (about 23.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ALCHUSDT | 0.05134 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $923K | $1.8M | 10x |
| Short | Binance ALCHUSDT | 0.05141 | 0.1328 | get 0.0664% / 4h | 1h 44m | $6.1M | $27.1M | 10x |
Bitget ALCHUSDT
Binance ALCHUSDTFunding 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
- $257.79
- Price spread: +0.136% → +0.125%
- $1.17
- Slippage, 4 orders
- −$177.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $59.68
- Costs to cover
- 1.993%
- Break-even
- 5.4 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 12 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, 3 min ago | 8.77 bp | 39.6 bp −$40 | 251.0 bp −$2,510 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.96 bp | 59.8 bp −$60 | 300.6 bp −$3,006 | doesn't fit | doesn't fit |
ALCH 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05127 | −0.136% | $3.0M | $6.0M | 20x | as long as short |
| Bitget ALCHUSDTlong | +0.0100% | 4h | 0.05134 | long leg | $923K | $1.8M | 10x | |
| Variational Omni ALCH | +0.0100% | 4h | 0.05117 | −0.339% | $3K | $17K | — | as long as short |
| Gate ALCH_USDT | +0.0276% | 4h | 0.05136 | +0.039% | $284K | $665K | 20x | as long as short |
| BingX ALCH-USDT | +0.1242% | 4h | 0.05137 | +0.058% | — | $6.7M | — | as long as short |
| Aster ALCHUSDT | +0.1252% | 4h | 0.05133 | −0.019% | $13K | $100K | 5x | as long as short |
| MEXC ALCH_USDT | +0.1326% | 4h | 0.05127 | −0.136% | $4.9M | $2.4M | 100x | as long as short |
| Binance ALCHUSDTshort | +0.1328% | 4h | 0.05141 | +0.136% | $6.1M | $27.1M | 10x | |
| BloFin ALCH-USDT | +0.1344% | 4h | 0.05138 | +0.078% | $399K | $112K | 10x | as long as short |
| KuCoin ALCHUSDTM | +0.1548% | 4h | 0.05116 | −0.351% | $1.2M | $276K | 10x | as long as short |
Bybit ALCHUSDT
Variational Omni ALCH
Gate ALCH_USDT
BingX ALCH-USDT
Aster ALCHUSDT
MEXC ALCH_USDT
BloFin ALCH-USDT
KuCoin ALCHUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | +0.3859% | 1h | 0.05133 | −0.020% | $11K | $32K | 10x | as long as short |
Kraken Futures PF_ALCHUSD