Funding you earn now, next payment 06:00 UTC+0.3732%/8h= +408.7% APRnext payment +$4.67 per $10,000 · paid last 24h +0.933%
Price spread now: Bitget against Binance−0.016%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.665% of the position
Funding, last 7 days+0.754%+$75 on $10k
+Price spread, last 7 days+0.004%$0 · spread now −0.016%, 7d avg +0.008%
=Funding pays, the price is against you. Bitget is 0.024% cheaper against Binance than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.008%). If the spread goes back, that is −$2 on $10k: about under an hour of funding at the current rate (+$112 a day). At the pace of the last 7 days (+0.754% in total) that is about 5 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.754% in total (about 39.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.67 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 GUSDT | 0.006126 | −1.1372 | get 0.1422% / 1h | 32m 01s | $9.1M | $52.2M | 50x |
| Short | Bitget GUSDT | 0.006125 | −0.7640 | pay 0.0955% / 1h | 32m 01s | $1.4M | $5.1M | 50x |
Binance GUSDT
Bitget GUSDTFunding 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
- $783.82
- Price spread: −0.016% → +0.008%
- −$2.43
- Slippage, 4 orders
- −$44.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $714.89
- Costs to cover
- 0.665%
- Break-even
- 0.6 days
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 1 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, 10 min ago | 0.81 bp | 14.6 bp −$15 | 74.7 bp −$747 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.07 bp | 18.6 bp −$19 | 90.9 bp −$909 | doesn't fit | doesn't fit |
G 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate G_USDT | −1.1560% | 1h | 0.006116 | −0.163% | $904K | $3.6M | 25x | as long as short |
| Binance GUSDTlong | −1.1372% | 1h | 0.006126 | long leg | $9.1M | $52.2M | 50x | |
| MEXC G_USDT | −1.1320% | 1h | 0.006124 | −0.033% | $3.5M | $1.0M | 20x | as long as short |
| Aster GUSDT | −1.0482% | 1h | 0.006138 | +0.196% | $626K | $734K | 5x | as long as short |
| KuCoin GUSDTM | −0.7976% | 1h | 0.006093 | −0.539% | $1.5M | $1.3M | 30x | as long as short |
| Bitget GUSDTshort | −0.7640% | 1h | 0.006125 | −0.016% | $1.4M | $5.1M | 50x | |
| BingX G-USDT | −0.2544% | 1h | 0.006128 | +0.033% | — | $2.9M | — | as long as short |
Gate G_USDT
MEXC G_USDT
Aster GUSDT
KuCoin GUSDTM
BingX G-USDT