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+0.059%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$980.976% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.059%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AUCTIONUSDT | 3.7088 | 0.0100 | pay 0.0050% / 4h | 4m 45s | $2.4M | $1.6M | 50x |
| Short | Bitget AUCTIONUSDT | 3.7110 | 0.0100 | get 0.0050% / 4h | 4m 45s | $374K | $160K | 25x |
Binance AUCTIONUSDT
Bitget AUCTIONUSDTFunding 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
- $0
- Price spread: +0.059% → +0.037%
- $2.2
- Slippage, 4 orders
- −$75.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$95.39
- Costs to cover
- 0.976%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 46 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 | 2.70 bp | 19.2 bp −$19 | 158.3 bp −$1,583 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 4.08 bp | 20.9 bp −$21 | 138.9 bp −$1,389 | doesn't fit | doesn't fit |
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | −0.0294% | 1h | 3.7150 | +0.167% | $8K | $272 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7132 | +0.120% | $927 | $3K | 5x | as long as short |
| Binance AUCTIONUSDTlong | +0.0100% | 4h | 3.7088 | long leg | $2.4M | $1.6M | 50x | |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7120 | +0.086% | $592K | $273K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7060 | −0.076% | $783K | $708K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.7190 | +0.275% | $106K | $70K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7090 | +0.005% | $439K | $145K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7140 | +0.140% | $371K | $110K | 20x | as long as short |
| Bitget AUCTIONUSDTshort | +0.0100% | 4h | 3.7110 | +0.059% | $374K | $160K | 25x | |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.7150 | +0.167% | — | $12.3M | — | as long as short |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.7193 | +0.284% | $172 | $38 | — | as long as short |
Variational Omni AUCTION