Funding you earn now, next payment 08:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.043%
Price spread now: Binance against Bitget−0.059%7-day average +0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1771.770% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 7 days+0.411%+$41 · spread now −0.059%, 7d avg +0.197%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.256% cheaper against Bitget than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.197%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.253%, 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 B2USDT | 0.5079 | 0.0246 | pay 0.0123% / 4h | 43m 39s | $2.8M | $825K | 50x |
| Short | Binance B2USDT | 0.5076 | 0.0100 | get 0.0050% / 4h | 43m 39s | $8.3M | $9.9M | 50x |
Bitget B2USDT
Binance B2USDTFunding 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
- −$30.66
- Price spread: −0.059% → +0.197%
- −$25.62
- Slippage, 4 orders
- −$154.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$233.26
- Costs to cover
- 1.770%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 11 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, 4 min ago | 11.84 bp | 51.2 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.97 bp | 41.6 bp −$42 | 205.2 bp −$2,052 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance B2USDTshort | +0.0100% | 4h | 0.5076 | −0.059% | $8.3M | $9.9M | 50x | |
| Bybit B2USDT | +0.0100% | 4h | 0.5082 | +0.059% | $1.6M | $2.0M | 20x | as long as short |
| MEXC B2_USDT | +0.0100% | 4h | 0.5082 | +0.059% | $544K | $332K | 100x | as long as short |
| BingX B2-USDT | +0.0100% | 4h | 0.5084 | +0.098% | — | $1.4M | — | as long as short |
| Aster B2USDT | +0.0243% | 4h | 0.5067 | −0.236% | $158K | $165K | 5x | as long as short |
| Bitget B2USDTlong | +0.0246% | 4h | 0.5079 | long leg | $2.8M | $825K | 50x | |
| KuCoin B2USDTM | +0.0538% | 4h | 0.5093 | +0.276% | $1.0M | $297K | 50x | as long as short |
| Variational Omni B2 | +0.0566% | 4h | 0.5085 | +0.108% | $14K | $2K | — | as long as short |
| Gate B2_USDT | +0.1038% | 4h | 0.5085 | +0.118% | $920K | $401K | 20x | as long as short |
Bybit B2USDT
MEXC B2_USDT
BingX B2-USDT
Aster B2USDT
KuCoin B2USDTM
Variational Omni B2
Gate B2_USDT