Funding you earn now, next payment 08:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.32 per $10,000 · paid last 24h +0.049%
Price spread now: Bitget against Binance−0.166%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2592.589% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.166%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.136% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.252%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CARVUSDT | 0.04356 | 0.0165 | pay 0.0082% / 4h | 2h 42m | $1.6M | $11.8M | 50x |
| Short | Bitget CARVUSDT | 0.04349 | 0.0100 | get 0.0050% / 4h | 2h 42m | $746K | $1.0M | 25x |
Binance CARVUSDT
Bitget CARVUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.57
- Price spread: −0.166% → −0.029%
- −$13.64
- Slippage, 4 orders
- −$236.86
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$286.07
- Costs to cover
- 2.589%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 4 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 Binance live order book, 13 min ago | 3.30 bp | 33.6 bp −$34 | 172.8 bp −$1,728 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 14.66 bp | 95.3 bp −$95 | 341.1 bp −$3,411 | doesn't fit | doesn't fit |
CARV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | −0.0166% | 4h | 0.04412 | +1.286% | $467 | $2K | — | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04349 | −0.166% | $1.0M | $2.8M | 20x | as long as short |
| Gate CARV_USDT | +0.0100% | 4h | 0.04350 | −0.143% | $116K | $153K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04359 | +0.064% | $170K | $45K | 20x | as long as short |
| Bitget CARVUSDTshort | +0.0100% | 4h | 0.04349 | −0.166% | $746K | $1.0M | 25x | |
| Binance CARVUSDTlong | +0.0165% | 4h | 0.04356 | long leg | $1.6M | $11.8M | 50x | |
| MEXC CARV_USDT | +0.0170% | 4h | 0.04355 | −0.028% | $169K | $252K | 20x | as long as short |
| BingX CARV-USDT | +0.0800% | 4h | 0.04356 | −0.005% | — | $1.4M | — | as long as short |
Variational Omni CARV
Bybit CARVUSDT
Gate CARV_USDT
KuCoin CARVUSDTM
MEXC CARV_USDT
BingX CARV-USDT