Funding you earn now, next payment 09:00 UTC−0.2705%/8h= −296.2% APRnext payment −$3.38 per $10,000 · paid last 24h −1.001%
Price spread now: Binance against Bitget+0.097%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days−0.853%−$85 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.097%, 7d avg −0.007%
=The price spread pays, funding is against you. Binance is 0.104% dearer against Bitget than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of −0.007%): +$10 on $10k if it goes back. Holding the pair costs −$81 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.853% in total) that is about 21 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.853% in total (about -44.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.38 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 GUSDT | 0.006162 | −0.3136 | get 0.0392% / 1h | 5m 12s | $1.4M | $4.1M | 50x |
| Short | Binance GUSDT | 0.006168 | −0.5841 | pay 0.0730% / 1h | 5m 12s | $9.1M | $42.4M | 50x |
Bitget GUSDT
Binance GUSDTFunding 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
- −$567.99
- Price spread: +0.097% → −0.007%
- $10.44
- Slippage, 4 orders
- −$43.35
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$622.91
- Costs to cover
- 0.654%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 7 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, 3 min ago | 4.05 bp | 19.2 bp −$19 | 108.6 bp −$1,086 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.81 bp | 17.4 bp −$17 | 81.7 bp −$817 | 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 | −0.6072% | 1h | 0.006174 | +0.195% | $871K | $3.3M | 25x | as long as short |
| Binance GUSDTshort | −0.5841% | 1h | 0.006168 | +0.097% | $9.1M | $42.4M | 50x | |
| MEXC G_USDT | −0.5840% | 1h | 0.006169 | +0.114% | $3.4M | $917K | 20x | as long as short |
| Aster GUSDT | −0.5168% | 1h | 0.006170 | +0.127% | $609K | $573K | 5x | as long as short |
| KuCoin GUSDTM | −0.3296% | 1h | 0.006133 | −0.471% | $1.6M | $1.2M | 30x | as long as short |
| Bitget GUSDTlong | −0.3136% | 1h | 0.006162 | long leg | $1.4M | $4.1M | 50x | |
| BingX G-USDT | −0.1496% | 1h | 0.006187 | +0.406% | — | $2.7M | — | as long as short |
Gate G_USDT
MEXC G_USDT
Aster GUSDT
KuCoin GUSDTM
BingX G-USDT