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

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0668%/8h= −73.1% APRnext payment $3.34 per $10,000 · paid last 24h −0.177%
Price spread now: Bitget against Binance−0.007%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1001.005% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.683%−$168 on $10k
Price spread, last 7 days−0.038%−$4 · spread now −0.007%, 7d avg −0.173%
Together, before fees−1.721%−$172 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.165% dearer against Binance than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.173%): +$17 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BRUSDT1.10070.0850pay 0.0425% / 4h56m 11s$52.6M$148.4M25x
ShortBitget BRUSDT1.10060.0182get 0.0091% / 4h56m 11s$8.1M$11.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$140.21
Price spread: −0.007% → −0.173%
$16.53
Slippage, 4 orders
−$78.46
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$224.14
Costs to cover
1.005%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 2 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 Binance live order book, 2 min ago0.41 bp18.7 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago5.30 bp26.9 bp −$27doesn't fitdoesn't fitdoesn't fit

BR on 11 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
BingX BR-USDT+0.0080%4h1.0993−0.130%$6.0Mas long as short
Bybit BRUSDT+0.0100%4h1.0998−0.085%$10.6M$24.1M5xas long as short
Gate BR_USDT+0.0100%4h1.1003−0.036%$7.4M$8.2M20xas long as short
Variational Omni BR+0.0100%4h1.1053+0.417%$259K$271Kas long as short
SunX BR-USDT+0.0100%4h1.1010+0.025%$713K10xas long as short
HTX BR-USDT+0.0100%4h1.1038+0.279%$85K$245K20xas long as short
Bitget BRUSDTshort+0.0182%4h1.1006−0.007%$8.1M$11.4M10x
KuCoin BRUSDTM+0.0228%4h1.0993−0.132%$4.8M$5.1M30xas long as short
Aster BRUSDT+0.0531%4h1.0989−0.169%$647K$2.5M5xas long as short
Binance BRUSDTlong+0.0850%4h1.1007long leg$52.6M$148.4M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.0856%4h1.1025+0.164%$15.0M$6.8M100xas long as short