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: Binance against Bitget−0.010%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.010%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GMTUSDT | 0.008563 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $673K | $638K | 50x |
| Short | Binance GMTUSDT | 0.008562 | 0.0100 | get 0.0050% / 4h | 1h 20m | $2.9M | $5.1M | 50x |
Funding 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: −0.010% → −0.006%
- −$0.36
- Slippage, 4 orders
- −$80.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$103.22
- Costs to cover
- 1.029%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 40 min ago; Binance: live order book, 3 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, 40 min ago | 4.66 bp | 25.5 bp −$26 | 252.9 bp −$2,529 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.76 bp | 26.8 bp −$27 | 96.2 bp −$962 | doesn't fit | doesn't fit |
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1562% | 1h | 0.008569 | +0.073% | $45K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0480% | 4h | 0.008560 | −0.035% | $280K | $191K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0223% | 4h | 0.008549 | −0.163% | $394K | $1.2M | 20x | as long as short |
| Bybit GMTUSDT | −0.0191% | 8h | 0.008564 | +0.012% | $1.1M | $1.9M | 50x | as long as short |
| Aster GMTUSDT | +0.0007% | 4h | 0.008564 | +0.016% | $7K | $22K | 10x | as long as short |
| Gate GMT_USDT | +0.0033% | 8h | 0.008570 | +0.082% | $147K | $179K | 50x | as long as short |
| Variational Omni GMT | +0.0065% | 8h | 0.008559 | −0.042% | $4K | $5K | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008558 | −0.058% | $114K | $151K | 3x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008562 | −0.010% | $2.9M | $5.1M | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008565 | +0.023% | $445K | $212K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDTlong | +0.0100% | 4h | 0.008563 | long leg | $673K | $638K | 50x | |
| BingX GMT-USDT | +0.0100% | 4h | 0.008559 | −0.047% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
Binance GMTUSDT
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Bybit GMTUSDT
Aster GMTUSDT
Gate GMT_USDT
Variational Omni GMT
Hyperliquid GMT
MEXC GMT_USDT
BingX GMT-USDT