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

C98

all C98 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.006%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1421.422% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.006%, 7d avg −0.020%
Together, before fees−0.100%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget C98USDT0.016390.0100pay 0.0100% / 8h2h 00m$192K$348K50x
ShortBinance C98USDT0.016390.0100get 0.0100% / 8h2h 00m$1.4M$2.0M50x

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: −0.006% → −0.020%
$1.37
Slippage, 4 orders
−$120.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$140.83
Costs to cover
1.422%
Break-even
never at this rate
Slippage from Bitget: live order book, 40 min ago; Binance: live order book, 4 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, 40 min ago9.26 bp34.7 bp −$35288.4 bp −$2,884doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago3.05 bp40.2 bp −$40140.7 bp −$1,407doesn't fitdoesn't fit

C98 on 9 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_C98USD−0.0024%1h0.01639−0.012%$15K$4K10xas long as short
Binance C98USDTshort+0.0100%8h0.01639−0.006%$1.4M$2.0M50x
Bybit C98USDT+0.0100%8h0.016390.000%$870K$297K25xas long as short
Gate C98_USDT+0.0100%8h0.01635−0.244%$110K$50K25xas long as short
MEXC C98_USDT+0.0100%8h0.01636−0.183%$283K$107K100xas long as short
KuCoin C98USDTM+0.0100%8h0.01638−0.061%$198K$38K20xas long as short
Bitget C98USDTlong+0.0100%8h0.01639long leg$192K$348K50x
Variational Omni C98+0.0100%8h0.01639−0.018%$8K$202as long as short
BloFin C98-USDT+0.0105%8h0.016390.000%$130K$14K50xas long as short