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

BR

all BR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0653%/8h= +71.5% APRnext payment +$3.27 per $10,000 · paid last 24h +0.177%
Price spread now: Binance against Bitget+0.121%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs+$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$910.910% 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−0.091%−$9 · spread now +0.121%, 7d avg +0.172%
Together, before fees+1.593%+$159 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.051% cheaper against Bitget than usual: you would sell low and buy high (spread +0.121% now, against its 7-day average of +0.172%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BRUSDT1.11510.0116pay 0.0058% / 4h31m 53s$8.2M$11.2M10x
ShortBinance BRUSDT1.11650.0769get 0.0385% / 4h31m 53s$53.3M$145.2M25x

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
$137.16
Price spread: +0.121% → +0.172%
−$5.1
Slippage, 4 orders
−$68.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$41.09
Costs to cover
0.910%
Break-even
4.9 days
Slippage from Bitget: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago4.42 bp29.6 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.53 bp14.7 bp −$1564.0 bp −$640doesn'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%4h1.1162+0.098%$5.9Mas long as short
Bybit BRUSDT+0.0100%4h1.1156+0.040%$10.7M$23.7M5xas long as short
Gate BR_USDT+0.0100%4h1.1159+0.073%$7.4M$8.2M20xas long as short
Variational Omni BR+0.0100%4h1.1209+0.522%$263K$259Kas long as short
SunX BR-USDT+0.0100%4h1.1173+0.199%$711K10xas long as short
HTX BR-USDT+0.0100%4h1.1211+0.534%$86K$245K20xas long as short
Bitget BRUSDTlong+0.0116%4h1.1151long leg$8.2M$11.2M10x
KuCoin BRUSDTM+0.0136%4h1.1170+0.164%$4.8M$5.1M30xas long as short
Aster BRUSDT+0.0512%4h1.1172+0.188%$658K$2.5M5xas long as short
Binance BRUSDTshort+0.0769%4h1.1165+0.121%$53.3M$145.2M25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.0776%4h1.1159+0.066%$15.2M$6.8M100xas long as short