Funding you earn now, next payment 00:00 UTC+0.0302%/8h= +33.1% APRnext payment +$1.51 per $10,000 · paid last 24h +0.105%
Price spread now: Binance against Bitget+0.029%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1531.528% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.132%−$13 · spread now +0.029%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.055% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.026%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.51 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 | Bitget BANUSDT | 0.06797 | 0.0192 | pay 0.0096% / 4h | 35m 14s | $1.1M | $50K | 25x |
| Short | Binance BANUSDT | 0.06799 | 0.0494 | get 0.0247% / 4h | 35m 14s | $6.6M | $743K | 25x |
Bitget BANUSDT
Binance BANUSDTFunding 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
- $63.42
- Price spread: +0.029% → −0.026%
- $5.49
- Slippage, 4 orders
- −$130.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.87
- Costs to cover
- 1.528%
- Break-even
- 16.3 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 3 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, 1 min ago | 6.61 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.73 bp | 37.0 bp −$37 | 583.7 bp −$5,837 | doesn't fit | doesn't fit |
BAN on 8 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 BAN_USDT | +0.0100% | 8h | 0.06791 | −0.088% | $1.2M | $50K | 20x | as long as short |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06789 | −0.118% | $313K | $15K | 20x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06784 | −0.195% | $16 | — | — | as long as short |
| Bybit BANUSDT | +0.0101% | 4h | 0.06784 | −0.191% | $2.9M | $289K | 13x | as long as short |
| Bitget BANUSDTlong | +0.0192% | 4h | 0.06797 | long leg | $1.1M | $50K | 25x | |
| Binance BANUSDTshort | +0.0494% | 4h | 0.06799 | +0.029% | $6.6M | $743K | 25x | |
| MEXC BAN_USDT | +0.0498% | 4h | 0.06798 | +0.015% | $8.1M | $143K | 100x | as long as short |
| Aster BANUSDT | +0.0500% | 4h | 0.06796 | −0.016% | $12K | $388 | 5x | as long as short |
Gate BAN_USDT
KuCoin BANUSDTM
Variational Omni BAN
Bybit BANUSDT
MEXC BAN_USDT
Aster BANUSDT