Funding you earn now, next payment 00:00 UTC−0.0299%/8h= −32.7% APRnext payment −$1.49 per $10,000 · paid last 24h +0.110%
Price spread now: Binance against Bitget−0.021%7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1041.038% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 7 days+0.189%+$19 · spread now −0.021%, 7d avg +0.095%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Binance is 0.116% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.095%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.283%, 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 BUSDT | 0.2028 | 0.1184 | pay 0.0592% / 4h | 1h 41m | $2.8M | $231K | 10x |
| Short | Binance BUSDT | 0.2028 | 0.0885 | get 0.0443% / 4h | 1h 41m | $11.7M | $2.0M | 20x |
Bitget BUSDT
Binance BUSDTFunding 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
- −$62.74
- Price spread: −0.021% → +0.095%
- −$11.57
- Slippage, 4 orders
- −$81.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$178.09
- Costs to cover
- 1.038%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 13 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, 5 min ago | 2.47 bp | 27.2 bp −$27 | 334.4 bp −$3,344 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 4.95 bp | 23.1 bp −$23 | 221.0 bp −$2,210 | 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 | +0.0100% | 4h | 0.2025 | −0.148% | $3.4M | $589K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2024 | −0.182% | $1.9M | $71K | 10x | as long as short |
| MEXC B_USDT | +0.0884% | 4h | 0.2027 | −0.049% | $972K | $347K | 100x | as long as short |
| Binance BUSDTshort | +0.0885% | 4h | 0.2028 | −0.021% | $11.7M | $2.0M | 20x | |
| Extended B-USD | +0.0888% | 1h | 0.2027 | −0.039% | $15K | $117K | 5x | as long as short |
| edgeX BUSDC | +0.0897% | 4h | 0.2023 | −0.231% | $3K | $393K | 5x | as long as short |
| BloFin B-USDT | +0.0900% | 4h | 0.2021 | −0.345% | $593K | $39K | 20x | as long as short |
| Bybit BUSDT | +0.1044% | 4h | 0.2026 | −0.089% | $1.7M | $955K | 13x | as long as short |
| BingX B-USDT | +0.1116% | 4h | 0.2027 | −0.049% | — | $1.2M | — | as long as short |
| Bitget BUSDTlong | +0.1184% | 4h | 0.2028 | long leg | $2.8M | $231K | 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 | +0.1356% | 4h | 0.2026 | −0.099% | $1.9M | $206K | 5x | as long as short |
Aster BUSDT