Funding you earn now, next payment 04:00 UTC−0.0094%/8h= −10.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.044%
Price spread now: Bitget against Binance−0.129%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1161.165% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.129%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.150% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CYSUSDT | 0.1574 | 0.0194 | pay 0.0097% / 4h | 1h 19m | $4.2M | $4.3M | 20x |
| Short | Bitget CYSUSDT | 0.1572 | 0.0100 | get 0.0050% / 4h | 1h 19m | $1.7M | $632K | 25x |
Binance CYSUSDT
Bitget CYSUSDTFunding 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
- −$19.64
- Price spread: −0.129% → +0.021%
- −$15.02
- Slippage, 4 orders
- −$94.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$151.14
- Costs to cover
- 1.165%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 3.18 bp | 26.5 bp −$27 | 168.5 bp −$1,685 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.22 bp | 26.5 bp −$26 | 104.6 bp −$1,046 | doesn't fit | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CYSUSDTM | +0.0100% | 4h | 0.1573 | −0.085% | $1.3M | $106K | 20x | as long as short |
| Bitget CYSUSDTshort | +0.0100% | 4h | 0.1572 | −0.129% | $1.7M | $632K | 25x | |
| MEXC CYS_USDT | +0.0184% | 4h | 0.1574 | −0.021% | $1.4M | $235K | 50x | as long as short |
| Variational Omni CYS | +0.0190% | 4h | 0.1577 | +0.182% | $46K | $279 | — | as long as short |
| Binance CYSUSDTlong | +0.0194% | 4h | 0.1574 | long leg | $4.2M | $4.3M | 20x | |
| Aster CYSUSDT | +0.0198% | 4h | 0.1575 | +0.047% | $255K | $81K | 10x | as long as short |
| edgeX CYSUSDC | +0.0202% | 4h | 0.1576 | +0.076% | $7K | $110K | 10x | as long as short |
| BingX CYS-USDT | +0.0380% | 4h | 0.1574 | −0.021% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0420% | 4h | 0.1576 | +0.106% | $1.5M | $1.0M | 13x | as long as short |
| Gate CYS_USDT | +0.0774% | 4h | 0.1575 | +0.042% | $617K | $87K | 20x | as long as short |
KuCoin CYSUSDTM
MEXC CYS_USDT
Variational Omni CYS
Aster CYSUSDT
edgeX CYSUSDC
BingX CYS-USDT
Bybit CYSUSDT
Gate CYS_USDT