Funding you earn now, next payment 04:00 UTC+0.0366%/8h= +40.0% APRnext payment +$1.83 per $10,000 · paid last 24h −0.054%
Price spread now: Bitget against Binance0.000%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days−0.254%−$25 on $10k
+Price spread, last 7 days−0.185%−$18 · spread now 0.000%, 7d avg −0.092%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bitget is 0.092% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.092%. Mind the row above: over the last 7 days funding on this pair cost −0.254%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.254% in total (about -13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.83 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 | Binance BUSDT | 0.2049 | 0.0786 | pay 0.0393% / 4h | 2h 56m | $11.8M | $2.0M | 20x |
| Short | Bitget BUSDT | 0.2049 | 0.1152 | get 0.0576% / 4h | 2h 56m | $2.8M | $246K | 10x |
Binance BUSDT
Bitget BUSDTFunding 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
- $76.76
- Price spread: 0.000% → −0.092%
- $9.2
- Slippage, 4 orders
- −$77.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$13.14
- Costs to cover
- 0.991%
- Break-even
- 8.2 days
Slippage from Binance: live order book, 13 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, 13 min ago | 2.42 bp | 20.2 bp −$20 | 447.1 bp −$4,471 | 10371.7 bp −$1.04M | doesn't fit |
| Sell Bitget live order book, 6 min ago | 4.87 bp | 25.9 bp −$26 | 190.8 bp −$1,908 | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0184% | 4h | 0.2046 | −0.146% | $3.5M | $614K | 20x | as long as short |
| KuCoin BUSDTM | +0.0730% | 4h | 0.2049 | −0.010% | $1.9M | $72K | 10x | as long as short |
| Binance BUSDTlong | +0.0786% | 4h | 0.2049 | long leg | $11.8M | $2.0M | 20x | |
| MEXC B_USDT | +0.0788% | 4h | 0.2049 | 0.000% | $1.0M | $352K | 100x | as long as short |
| Extended B-USD | +0.0792% | 1h | 0.2049 | −0.024% | $15K | $222K | 5x | as long as short |
| edgeX BUSDC | +0.0812% | 4h | 0.2051 | +0.104% | $3K | $388K | 5x | as long as short |
| BloFin B-USDT | +0.0836% | 4h | 0.2052 | +0.146% | $605K | $40K | 20x | as long as short |
| Bybit BUSDT | +0.0934% | 4h | 0.2049 | +0.015% | $1.7M | $962K | 13x | as long as short |
| BingX B-USDT | +0.1110% | 4h | 0.2050 | +0.049% | — | $1.3M | — | as long as short |
| Bitget BUSDTshort | +0.1152% | 4h | 0.2049 | 0.000% | $2.8M | $246K | 10x |
Gate B_USDT
KuCoin BUSDTM
MEXC B_USDT
Extended B-USD
edgeX BUSDC
BloFin B-USDT
Bybit BUSDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1529% | 4h | 0.2052 | +0.143% | $1.9M | $213K | 5x | as long as short |
Aster BUSDT