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: Binance against Bitget−0.115%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as 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)+0.097%+$10 · spread now −0.115%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.083% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
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 | Bitget FIDAUSDT | 0.02151 | 0.0304 | pay 0.0152% / 4h | 43m 40s | $531K | $364K | 25x |
| Short | Binance FIDAUSDT | 0.02149 | 0.0100 | get 0.0050% / 4h | 43m 40s | $1.4M | $2.4M | 25x |
Bitget FIDAUSDT
Binance FIDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.115% → −0.032%
- −$8.32
- Slippage, 4 orders
- −$88.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$161.82
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 56 min ago; Binance: live order book, 6 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 Bitget live order book, 56 min ago | 10.47 bp | 30.9 bp −$31 | 253.0 bp −$2,530 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.32 bp | 24.0 bp −$24 | 99.2 bp −$992 | 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 | −0.097% | $8K | $5K | 5x | as long as short |
| Binance FIDAUSDTshort | +0.0100% | 4h | 0.02149 | −0.115% | $1.4M | $2.4M | 25x | |
| Bybit FIDAUSDT | +0.0100% | 4h | 0.02149 | −0.121% | $466K | $186K | 20x | as long as short |
| MEXC FIDA_USDT | +0.0100% | 4h | 0.02147 | −0.195% | $724K | $177K | 20x | as long as short |
| Variational Omni FIDA | +0.0100% | 4h | 0.02153 | +0.064% | $3K | $761 | — | as long as short |
| Extended FIDA-USD | +0.0104% | 1h | 0.02147 | −0.198% | $2K | $229K | 5x | as long as short |
| Gate FIDA_USDT | +0.0108% | 4h | 0.02151 | −0.009% | $47K | $39K | 10x | as long as short |
| BingX FIDA-USDT | +0.0300% | 4h | 0.02151 | −0.009% | — | $1.3M | — | as long as short |
| Bitget FIDAUSDTlong | +0.0304% | 4h | 0.02151 | long leg | $531K | $364K | 25x |
Aster FIDAUSDT
Bybit FIDAUSDT
MEXC FIDA_USDT
Variational Omni FIDA
Extended FIDA-USD
Gate FIDA_USDT
BingX FIDA-USDT