Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.039%
Price spread now: Bitget against Binance+0.086%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$820.818% of the position
Funding, last 7 days+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now +0.086%, 7d avg +0.122%
=Funding pays, the price is against you. Bitget is 0.036% cheaper against Binance than usual: you would sell low and buy high (spread +0.086% now, against its 7-day average of +0.122%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03828 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $2.5M | $3.7M | 50x |
| Short | Bitget IDUSDT | 0.03831 | 0.0180 | get 0.0090% / 4h | 1h 20m | $824K | $639K | 50x |
Binance IDUSDT
Bitget IDUSDTFunding 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
- $16.8
- Price spread: +0.086% → +0.122%
- −$3.62
- Slippage, 4 orders
- −$59.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$68.58
- Costs to cover
- 0.818%
- Break-even
- 35.6 days
Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 40 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, 1 min ago | 2.61 bp | 20.0 bp −$20 | 92.6 bp −$926 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 40 min ago | 3.97 bp | 20.9 bp −$21 | 169.3 bp −$1,693 | doesn't fit | doesn't fit |
ID on 11 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 ID-USDT | +0.0087% | 4h | 0.03830 | +0.060% | $161K | $13K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03831 | +0.078% | $9K | $147 | 5x | as long as short |
| Binance IDUSDTlong | +0.0100% | 4h | 0.03828 | long leg | $2.5M | $3.7M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03828 | +0.007% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03829 | +0.033% | $253K | $243K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03827 | −0.019% | $378K | $197K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03823 | −0.123% | $1.1M | $62K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03828 | +0.002% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0150% | 4h | 0.03828 | +0.007% | — | $2.3M | — | as long as short |
| Bitget IDUSDTshort | +0.0180% | 4h | 0.03831 | +0.086% | $824K | $639K | 50x |
BloFin ID-USDT
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0620% | 1h | 0.03826 | −0.054% | $4K | $3K | 10x | as long as short |
Kraken Futures PF_IDUSD