Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.011%
Price spread now: Bitget against Binance+0.133%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.133%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.102% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 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 FIDAUSDT | 0.02151 | 0.0100 | pay 0.0050% / 4h | 43m 22s | $1.4M | $2.4M | 25x |
| Short | Bitget FIDAUSDT | 0.02153 | 0.0304 | get 0.0152% / 4h | 43m 22s | $531K | $364K | 25x |
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
- $42.84
- Price spread: +0.133% → +0.032%
- $10.15
- Slippage, 4 orders
- −$88.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.66
- Costs to cover
- 1.107%
- Break-even
- 16.4 days
Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 56 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 | 2.32 bp | 21.8 bp −$22 | 188.3 bp −$1,883 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 56 min ago | 10.47 bp | 34.0 bp −$34 | 276.8 bp −$2,768 | doesn't fit | doesn't fit |
FIDA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FIDAUSDT | +0.0100% | 4h | 0.02149 | −0.069% | $8K | $5K | 5x | as long as short |
| Binance FIDAUSDTlong | +0.0100% | 4h | 0.02151 | long leg | $1.4M | $2.4M | 25x | |
| Bybit FIDAUSDT | +0.0100% | 4h | 0.02149 | −0.080% | $466K | $186K | 20x | as long as short |
| MEXC FIDA_USDT | +0.0100% | 4h | 0.02149 | −0.076% | $725K | $177K | 20x | as long as short |
| Variational Omni FIDA | +0.0100% | 4h | 0.02153 | +0.091% | $3K | $761 | — | as long as short |
| Extended FIDA-USD | +0.0104% | 1h | 0.02147 | −0.172% | $2K | $229K | 5x | as long as short |
| Gate FIDA_USDT | +0.0108% | 4h | 0.02152 | +0.064% | $47K | $39K | 10x | as long as short |
| BingX FIDA-USDT | +0.0300% | 4h | 0.02151 | +0.017% | — | $1.3M | — | as long as short |
| Bitget FIDAUSDTshort | +0.0304% | 4h | 0.02153 | +0.133% | $531K | $364K | 25x |
Binance FIDAUSDT
Bitget FIDAUSDT
Aster FIDAUSDT
Bybit FIDAUSDT
MEXC FIDA_USDT
Variational Omni FIDA
Extended FIDA-USD
Gate FIDA_USDT
BingX FIDA-USDT