Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.048%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.048%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance HOTUSDT | 0.0004190 | 0.0100 | pay 0.0100% / 8h | 11m 41s | $1.6M | $2.4M | 50x |
| Short | Bitget HOTUSDT | 0.0004188 | 0.0100 | get 0.0100% / 8h | 11m 41s | $309K | $185K | 25x |
Binance HOTUSDT
Bitget HOTUSDTFunding 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
- $0
- Price spread: −0.048% → +0.003%
- −$5.02
- Slippage, 4 orders
- −$94.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$122
- Costs to cover
- 1.170%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 58 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, 8 min ago | 3.58 bp | 23.2 bp −$23 | 138.3 bp −$1,383 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 8.37 bp | 30.9 bp −$31 | 155.4 bp −$1,554 | doesn't fit | doesn't fit |
HOT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance HOTUSDTlong | +0.0100% | 8h | 0.0004190 | long leg | $1.6M | $2.4M | 50x | |
| MEXC HOT_USDT | +0.0100% | 8h | 0.0004190 | 0.000% | $442K | $156K | 50x | as long as short |
| KuCoin HOTUSDTM | +0.0100% | 8h | 0.0004193 | +0.072% | $73K | $37K | 30x | as long as short |
| Bitget HOTUSDTshort | +0.0100% | 8h | 0.0004188 | −0.048% | $309K | $185K | 25x | |
| BloFin HOT-USDT | +0.0104% | 8h | 0.0004187 | −0.072% | $145K | $17K | 50x | as long as short |
MEXC HOT_USDT
KuCoin HOTUSDTM
BloFin HOT-USDT