Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.106%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days+0.209%+$21 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.106%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.120% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FRAXUSDT | 0.2935 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $141K | $27K | 50x |
| Short | Binance FRAXUSDT | 0.2939 | 0.0100 | get 0.0050% / 4h | 3h 05m | $1.5M | $700K | 50x |
Bitget FRAXUSDT
Binance FRAXUSDTFunding 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
- $0
- Price spread: +0.106% → −0.015%
- $12.04
- Slippage, 4 orders
- −$115.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$125.64
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 19 min ago; Binance: live order book, 13 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, 19 min ago | 3.76 bp | 33.3 bp −$33 | 265.4 bp −$2,654 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 3.42 bp | 32.1 bp −$32 | 233.9 bp −$2,339 | 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 | 0.2935 | −0.001% | $22K | $13K | 5x | as long as short |
| Binance FRAXUSDTshort | +0.0100% | 4h | 0.2939 | +0.106% | $1.5M | $700K | 50x | |
| Gate FRAX_USDT | +0.0100% | 4h | 0.2932 | −0.116% | $42K | $17K | 20x | as long as short |
| MEXC FRAX_USDT | +0.0100% | 4h | 0.2937 | +0.055% | $204K | $103K | 50x | as long as short |
| KuCoin FRAXUSDTM | +0.0100% | 4h | 0.2938 | +0.089% | $83K | $155K | 50x | as long as short |
| Bitget FRAXUSDTlong | +0.0100% | 4h | 0.2935 | long leg | $141K | $27K | 50x | |
| BingX FRAX-USDT | +0.0100% | 4h | 0.2939 | +0.123% | — | $1.2M | — | as long as short |
Aster FRAXUSDT
Gate FRAX_USDT
MEXC FRAX_USDT
KuCoin FRAXUSDTM
BingX FRAX-USDT