Settings8H · net · $10k
Funding arb · Price arb /

BIGTIME

all BIGTIME markets
SwapBacktest
Alert: funding
Alert: spread
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: Binance against Bitget−0.120%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.120%, 7d avg −0.050%
Together, before fees+0.204%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.070% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BIGTIMEUSDT0.0083300.0100pay 0.0050% / 4h1h 20m$598K$230K50x
ShortBinance BIGTIMEUSDT0.0083200.0100get 0.0050% / 4h1h 20m$1.8M$2.3M50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.120% → −0.050%
−$7.01
Slippage, 4 orders
−$96.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$125.98
Costs to cover
1.190%
Break-even
never at this rate
Slippage from Bitget: live order book, 39 min ago; Binance: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 39 min ago3.02 bp35.3 bp −$35162.2 bp −$1,622doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago3.62 bp21.1 bp −$2170.8 bp −$708doesn't fitdoesn't fit

BIGTIME on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIGTIMEUSD−0.0217%1h0.008375+0.535%$8K$5K10xas long as short
BloFin BIGTIME-USDT+0.0072%4h0.008327−0.036%$94K$10K50xas long as short
Hyperliquid BIGTIME+0.0100%1h0.008324−0.072%$127K$96K3xas long as short
Binance BIGTIMEUSDTshort+0.0100%4h0.008320−0.120%$1.8M$2.3M50x
Bybit BIGTIMEUSDT+0.0100%4h0.008319−0.132%$681K$624K25xas long as short
OKX BIGTIME-USDT-SWAP+0.0100%4h0.008321−0.108%$439K$386K10xas long as short
Gate BIGTIME_USDT+0.0100%4h0.008316−0.168%$60K$32K50xas long as short
MEXC BIGTIME_USDT+0.0100%4h0.008327−0.036%$479K$183K125xas long as short
KuCoin BIGTIMEUSDTM+0.0100%4h0.008319−0.132%$246K$27K20xas long as short
Bitget BIGTIMEUSDTlong+0.0100%4h0.008330long leg$598K$230K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BIGTIME-USDT+0.0100%4h0.008317−0.156%$2.3Mas long as short
Variational Omni BIGTIME+0.0100%4h0.008328−0.024%$10K$1Kas long as short