Funding you earn now, next payment 04:00 UTC+0.0321%/8h= +35.1% APRnext payment +$1.61 per $10,000 · paid last 24h −0.033%
Price spread now: Bitget against Binance−0.018%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1681.685% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.018%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.61 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CTRUSDT | 0.01189 | 0.0309 | pay 0.0154% / 4h | 58m 41s | $2.2M | $818K | 20x |
| Short | Bitget CTRUSDT | 0.01189 | 0.0630 | get 0.0315% / 4h | 58m 41s | $543K | $58K | 20x |
Binance CTRUSDT
Bitget CTRUSDTFunding 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
- $67.41
- Price spread: −0.018% → −0.006%
- −$1.2
- Slippage, 4 orders
- −$146.49
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$102.28
- Costs to cover
- 1.685%
- Break-even
- 17.6 days
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 61 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, 6 min ago | 1.68 bp | 32.8 bp −$33 | 605.1 bp −$6,051 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 61 min ago | 12.64 bp | 41.9 bp −$42 | 488.2 bp −$4,882 | doesn't fit | doesn't fit |
CTR 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTR | +0.0096% | 1h | 0.01188 | −0.102% | $10K | $329 | 3x | as long as short |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01190 | +0.033% | $249K | $129K | 20x | as long as short |
| Gate CTR_USDT | +0.0100% | 4h | 0.01190 | +0.066% | $114K | $14K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01188 | −0.102% | $279K | $353K | 20x | as long as short |
| MEXC CTR_USDT | +0.0306% | 4h | 0.01189 | +0.007% | $610K | $142K | 20x | as long as short |
| Binance CTRUSDTlong | +0.0309% | 4h | 0.01189 | long leg | $2.2M | $818K | 20x | |
| Aster CTRUSDT | +0.0458% | 4h | 0.01189 | −0.035% | $9K | $8K | 5x | as long as short |
| Bitget CTRUSDTshort | +0.0630% | 4h | 0.01189 | −0.018% | $543K | $58K | 20x |
Lighter CTR
Bybit CTRUSDT
Gate CTR_USDT
KuCoin CTRUSDTM
MEXC CTR_USDT
Aster CTRUSDT