Settings8H · net · $10k
Funding arb · Price arb /

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.145%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1221.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days+0.186%+$19 · spread now −0.145%, 7d avg −0.019%
Together, before fees+0.177%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.126% cheaper against Binance than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ATHUSDT0.0055060.0100pay 0.0050% / 4h56m 13s$3.3M$4.2M50x
ShortBitget ATHUSDT0.0054980.0100get 0.0050% / 4h56m 13s$1.5M$858K25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.145% → −0.019%
−$12.59
Slippage, 4 orders
−$100.17
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$134.77
Costs to cover
1.222%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago3.63 bp34.6 bp −$3598.0 bp −$980doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago8.20 bp30.7 bp −$3199.3 bp −$993doesn't fitdoesn't fit

ATH on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ATHUSD−0.2882%1h0.005492−0.248%$19K$106K10xas long as short
Variational Omni ATH−0.0097%4h0.005480−0.465%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005496−0.180%$11K$575xas long as short
BloFin ATH-USDT+0.0094%4h0.005491−0.272%$168K$72K75xas long as short
Aster ATHUSDT+0.0100%4h0.005500−0.111%$5K$41K5xas long as short
Binance ATHUSDTlong+0.0100%4h0.005506long leg$3.3M$4.2M50x
Bybit ATHUSDT+0.0100%4h0.005489−0.309%$4.3M$2.5M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005493−0.236%$702K$1.3M20xas long as short
Gate ATH_USDT+0.0100%4h0.005490−0.291%$784K$562K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005504−0.036%$8.9M$626K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005494−0.218%$556K$76K30xas long as short
Bitget ATHUSDTshort+0.0100%4h0.005498−0.145%$1.5M$858K25x
BingX ATH-USDT+0.0100%4h0.005494−0.218%$21.6Mas long as short