Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against Binance0.000%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now 0.000%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHUSDT | 2,776 | 0.0061 | pay 0.0061% / 8h | 1h 02m | $6.44B | $17.23B | 150x |
| Short | Bitget ETHUSDT | 2,776 | 0.0066 | get 0.0066% / 8h | 1h 02m | $2.10B | $3.10B | 150x |
Funding 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
- $1.15
- Price spread: 0.000% → −0.001%
- $0.1
- Slippage, 4 orders
- −$0.07
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$20.82
- Costs to cover
- 0.221%
- Break-even
- 133.9 days
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 2 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, 12 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 6.0 bp −$599 | 8.2 bp −$4,081 |
| Sell Bitget live order book, 2 min ago | 0.02 bp | 6.0 bp −$6 | 6.0 bp −$60 | 7.1 bp −$712 | 9.2 bp −$4,582 |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,777.3 | +0.050% | $288K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDC | −0.0085% | 1h | 2,775.8 | −0.004% | $5.7M | $11.9M | 25x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,777 | +0.038% | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0041% | 1h | 2,771.7 | −0.153% | $119K | $22.5M | 52x | as long as short |
| 01 Exchange ETHUSD | −0.0040% | 1h | 2,776.5 | +0.020% | $169K | $1.2M | 50x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,777.1 | +0.040% | $12.7M | $45.8M | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,775.6 | −0.013% | $885K | $3.7M | 25x | as long as short |
| Aftermath Perps ETHUSD | +0.0003% | 1h | 2,775.3 | −0.023% | $29K | $22K | 20x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,777.4 | +0.051% | $22.4M | — | 200x | as long as short |
| OKX ETH-USDT-SWAP | +0.0017% | 8h | 2,776 | +0.002% | $1.70B | $11.87B | 100x | as long as short |
Show all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex ETHUSDT | +0.0022% | 8h | 2,776.9 | +0.033% | $270.5M | $68.8M | 150x | as long as short |
| Bullet ETH-USD | +0.0023% | 1h | 2,776.4 | +0.016% | $183K | $1.7M | 20x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0027% / S +0.0009% | 1h | 2,777.2 | +0.046% | $12.9M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0033% | 8h | 2,776.5 | +0.019% | $254.7M | $995.2M | 200x | as long as short |
| ApeX Omni ETHUSDT | +0.0047% | 1h | 2,770.8 | −0.186% | $8.7M | $32.6M | 100x | as long as short |
| Nado ETH-PERP | +0.0055% | 1h | 2,776.9 | +0.036% | $14.3M | $118.2M | 50x | as long as short |
| Aevo ETH-PERP | +0.0056% | 1h | 2,774.5 | −0.054% | $5.0M | $636K | 20x | as long as short |
| MEXC ETH_USDT | +0.0059% | 8h | 2,776.2 | +0.010% | $1.60B | $2.68B | 500x | as long as short |
| Binance ETHUSDTlong | +0.0061% | 8h | 2,776 | long leg | $6.44B | $17.23B | 150x | |
| SoDEX ETH-USD | +0.0062% | 1h | 2,776.5 | +0.020% | $55.3M | $229.0M | 40x | as long as short |
| Bitget ETHUSDTshort | +0.0066% | 8h | 2,776 | 0.000% | $2.10B | $3.10B | 150x | |
| Gate ETH_USDT | +0.0073% | 8h | 2,776.4 | +0.015% | $3.30B | $9.69B | 200x | as long as short |
| HTX ETH-USDT | +0.0088% | 8h | 2,776.6 | +0.022% | $1.08B | $1.32B | 200x | as long as short |
| Bybit ETHUSDT | +0.0092% | 8h | 2,776.2 | +0.008% | $2.52B | $4.62B | 150x | as long as short |
| BingX ETH-USDC | +0.0092% | 8h | 2,775.7 | −0.009% | — | $17.4M | — | as long as short |
| Deribit ETH-PERPETUAL | +0.0092% | 1h | 2,778.3 | +0.085% | $258.7M | $222.7M | 50x | as long as short |
| KuCoin ETHUSDTM | +0.0094% | 8h | 2,776.3 | +0.013% | $422.2M | $739.4M | 100x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,776.7 | +0.027% | $115.2M | $503.5M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,778.3 | +0.084% | $25.5M | $122.0M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,777.8 | +0.065% | — | $41.6M | 500x | as long as short |
| Vest ETH-PERP | +0.0098% | 1h | 2,777.2 | +0.046% | — | $1.1M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0099% | 8h | 2,775.9 | −0.001% | $16.0M | $10.5M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,776.5 | +0.020% | $477K | $2.7M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,779.1 | +0.113% | $3.19B | $2.35B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,776.8 | +0.032% | $31.2M | $303.9M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,775.8 | −0.006% | $2.8M | $17.1M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,777.4 | +0.050% | $2.7M | $17.2M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,770.8 | −0.185% | $166.1M | $253.0M | 25x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,776.4 | +0.017% | $15.1M | $44.2M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,773.7 | −0.081% | $147.3M | $337.0M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,774.2 | −0.063% | $181.6M | $781.0M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,775.7 | −0.009% | $161.4M | $90.8M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,776.9 | +0.034% | $21.4M | $58.2M | 40x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,777.8 | +0.066% | $10.8M | $7.6M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,777.3 | +0.048% | $21K | $24K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,778.9 | +0.106% | $42.8M | $29.4M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,776.6 | +0.023% | $973K | $14.0M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,775.5 | −0.018% | $32.6M | $77.5M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,778 | +0.072% | $59.9M | $4.61B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0127% | 8h | 2,778 | +0.074% | $8.4M | $681.5M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0135% | 8h | 2,779.4 | +0.124% | $32.6M | $12.0M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0169% | 1h | 2,777.8 | +0.068% | $86.4M | $332.5M | 100x | as long as short |
| BloFin ETH-USDT | +0.0180% | 8h | 2,776.5 | +0.021% | $284.8M | $194.9M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0195% | 1h | 2,776.5 | +0.020% | $7.4M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0280% | 1h | 2,778.1 | +0.077% | $270K | $1.5M | 20x | as long as short |
Binance ETHUSDT
Bitget ETHUSDT
RISEx ETH/USDC
Injective ETH/USDC PERP
01 Exchange ETHUSD
Phoenix ETH
Aftermath Perps ETHUSD
gTrade (Gains Network) ETH/USD
OKX ETH-USDT-SWAP
Phemex ETHUSDT
Bullet ETH-USD
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
ApeX Omni ETHUSDT
MEXC ETH_USDT
SoDEX ETH-USD
Gate ETH_USDT
HTX ETH-USDT
Bybit ETHUSDT
BingX ETH-USDC
Deribit ETH-PERPETUAL
KuCoin ETHUSDTM
Lighter ETH
Lighter RH ETH
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Bulk ETH-USD
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Kraken Futures PF_ETHUSD
BloFin ETH-USDT