Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.168%7-day average +0.001% · 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−$135as in the Price arb table
costs, in and out, $10k−$1521.520% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.168%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.167% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget HOTUSDT | 0.0004171 | 0.0100 | pay 0.0100% / 8h | 2h 31m | $307K | $230K | 25x |
| Short | Binance HOTUSDT | 0.0004178 | 0.0100 | get 0.0100% / 8h | 2h 31m | $1.5M | $2.6M | 50x |
Bitget HOTUSDT
Binance HOTUSDTFunding 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: +0.168% → +0.001%
- $16.72
- Slippage, 4 orders
- −$129.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$135.25
- Costs to cover
- 1.520%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 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, 8 min ago | 9.60 bp | 58.0 bp −$58 | 337.8 bp −$3,378 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.39 bp | 29.9 bp −$30 | 131.0 bp −$1,310 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin HOT-USDT | +0.0070% | 8h | 0.0004193 | +0.527% | $148K | $49K | 50x | as long as short |
| Binance HOTUSDTshort | +0.0100% | 8h | 0.0004178 | +0.168% | $1.5M | $2.6M | 50x | |
| MEXC HOT_USDT | +0.0100% | 8h | 0.0004179 | +0.192% | $417K | $155K | 50x | as long as short |
| KuCoin HOTUSDTM | +0.0100% | 8h | 0.0004186 | +0.360% | $92K | $43K | 30x | as long as short |
| Bitget HOTUSDTlong | +0.0100% | 8h | 0.0004171 | long leg | $307K | $230K | 25x |
BloFin HOT-USDT
MEXC HOT_USDT
KuCoin HOTUSDTM