Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.015%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1541.541% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.015%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.029% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FRAXUSDT | 0.2913 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $1.5M | $962K | 50x |
| Short | Bitget FRAXUSDT | 0.2913 | 0.0100 | get 0.0050% / 4h | 3h 44m | $145K | $39K | 50x |
Binance FRAXUSDT
Bitget FRAXUSDTFunding 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
- $0
- Price spread: −0.015% → +0.014%
- −$2.89
- Slippage, 4 orders
- −$132.06
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$156.95
- Costs to cover
- 1.541%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 20 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, 4 min ago | 1.72 bp | 40.0 bp −$40 | 359.8 bp −$3,598 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 20 min ago | 5.00 bp | 34.9 bp −$35 | 320.4 bp −$3,204 | doesn't fit | doesn't fit |
FRAX on 7 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 FRAXUSDT | +0.0100% | 4h | 0.2911 | −0.059% | $16K | $15K | 5x | as long as short |
| Binance FRAXUSDTlong | +0.0100% | 4h | 0.2913 | long leg | $1.5M | $962K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2911 | −0.074% | $43K | $16K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2912 | −0.039% | $189K | $115K | 50x | as long as short |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2913 | −0.005% | $97K | $155K | 50x | as long as short |
| Bitget FRAXUSDTshort | +0.0100% | 4h | 0.2913 | −0.015% | $145K | $39K | 50x | |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2912 | −0.039% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
KuCoin FRAXUSDTM
BingX FRAX-USDT