Funding you earn now, next payment 05:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.043%
Price spread now: Bitget against Extended−0.020%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1631.629% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.020%, 7d avg −0.047%
=Together, before fees+0.064%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.027% dearer against Extended than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.047%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BILL-USD | 0.01384 | 0.0312 | pay 0.0039% / 1h | 33m 25s | $3K | $227K | 5x |
| Short | Bitget BILLUSDT | 0.01384 | 0.0248 | get 0.0124% / 4h | 3h 33m | $656K | $1.2M | 20x |
Extended BILL-USD
Bitget BILLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Extended. 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
- −$13.44
- Price spread: −0.020% → −0.047%
- $2.75
- Slippage, 4 orders
- −$145.85
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$173.54
- Costs to cover
- 1.629%
- Break-even
- never at this rate
Slippage from Extended: live order book, 18 min ago; Bitget: 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 Extended live order book, 18 min ago | 5.74 bp | 44.9 bp −$45 | 453.0 bp −$4,530 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 10.83 bp | 26.7 bp −$27 | 154.0 bp −$1,540 | doesn't fit | doesn't fit |
BILL on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BILL-USDT | +0.0060% | 4h | 0.01381 | −0.236% | $146K | $19K | 20x | as long as short |
| Bybit BILLUSDT | +0.0100% | 4h | 0.01383 | −0.092% | $1.3M | $1.0M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01384 | −0.020% | $280K | $88K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01386 | +0.125% | $2K | $1.2M | 20x | as long as short |
| HTX BILL-USDT | +0.0100% | 4h | 0.01382 | −0.164% | $11K | $39K | 20x | as long as short |
| Aster BILLUSDT | +0.0150% | 4h | 0.01382 | −0.158% | $1K | $4K | 5x | as long as short |
| Bitget BILLUSDTshort | +0.0248% | 4h | 0.01384 | −0.020% | $656K | $1.2M | 20x | |
| Binance BILLUSDT | +0.0310% | 4h | 0.01385 | +0.023% | $2.5M | $3.9M | 20x | as long as short |
| Extended BILL-USDlong | +0.0312% | 1h | 0.01384 | long leg | $3K | $227K | 5x | |
| MEXC BILL_USDT | +0.0312% | 4h | 0.01385 | +0.053% | $1.0M | $360K | 50x | as long as short |
BloFin BILL-USDT
Bybit BILLUSDT
Gate BILL_USDT
SunX BILL-USDT
HTX BILL-USDT
Aster BILLUSDT
Binance BILLUSDT
MEXC BILL_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack BILL_USDC_PERP | +0.0343% | 1h | 0.01382 | −0.164% | $21K | $947 | 5x | as long as short |
| BingX BILL-USDT | +0.0416% | 4h | 0.01385 | +0.053% | — | $1.7M | — | as long as short |
| OKX BILL-USDT-SWAP | +0.0489% | 4h | 0.01384 | −0.020% | $1.1M | $2.8M | 20x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0760% | 1h | 0.01381 | −0.258% | $66K | $72K | 50x | as long as short |
| KuCoin BILLUSDTM | +0.1162% | 4h | 0.01384 | −0.034% | $459K | $330K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUAL | +0.1922% | 1h | 0.01384 | −0.012% | $108K | $13K | 10x | as long as short |
Backpack BILL_USDC_PERP
BingX BILL-USDT
OKX BILL-USDT-SWAP
Coinbase International BILL-PERP-INTX
KuCoin BILLUSDTM
Deribit BILL_USDC-PERPETUAL