Funding you earn now, next payment 12:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.175%7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.175%, 7d avg +0.149%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.026% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.149%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GENIUSUSDT | 0.3488 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $717K | $1.1M | 20x |
| Short | Binance GENIUSUSDT | 0.3494 | 0.0111 | get 0.0056% / 4h | 3h 40m | $9.2M | $17.2M | 50x |
Bitget GENIUSUSDT
Binance GENIUSUSDTFunding 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
- $2.34
- Price spread: +0.175% → +0.149%
- $2.62
- Slippage, 4 orders
- −$93.72
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$110.76
- Costs to cover
- 1.157%
- Break-even
- 337.8 days
Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 15 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, 1 min ago | 7.89 bp | 35.6 bp −$36 | 114.0 bp −$1,140 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.43 bp | 26.9 bp −$27 | 107.3 bp −$1,073 | doesn't fit | doesn't fit |
GENIUS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3495 | +0.195% | $1.4M | $2.2M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3487 | −0.034% | $238K | $362K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3488 | 0.000% | $532K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDTlong | +0.0100% | 4h | 0.3488 | long leg | $717K | $1.1M | 20x | |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3489 | +0.021% | $91K | $40K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3488 | −0.006% | $1K | $780K | 20x | as long as short |
| MEXC GENIUS_USDT | +0.0110% | 4h | 0.3496 | +0.224% | $521K | $318K | 20x | as long as short |
| Binance GENIUSUSDTshort | +0.0111% | 4h | 0.3494 | +0.175% | $9.2M | $17.2M | 50x | |
| Extended GENIUS-USD | +0.0112% | 1h | 0.3489 | +0.012% | $3K | $198K | 5x | as long as short |
| BloFin GENIUS-USDT | +0.0140% | 4h | 0.3491 | +0.080% | $501K | $23K | 50x | as long as short |
Bybit GENIUSUSDT
Gate GENIUS_USDT
KuCoin GENIUSUSDTM
Variational Omni GENIUS
SunX GENIUS-USDT
MEXC GENIUS_USDT
Extended GENIUS-USD
BloFin GENIUS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GENIUS-USDT | +0.0204% | 4h | 0.3499 | +0.310% | — | $1.7M | — | as long as short |
| Aster GENIUSUSDT | +0.0822% | 4h | 0.3491 | +0.080% | $255K | $374K | 20x | as long as short |
BingX GENIUS-USDT
Aster GENIUSUSDT