Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.039%
Price spread now: Binance against Bitget−0.104%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.339%+$34 · spread now −0.104%, 7d avg −0.122%
=The price spread sits at its 7-day average of −0.122%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget IDUSDT | 0.03831 | 0.0178 | pay 0.0089% / 4h | 1h 22m | $824K | $639K | 50x |
| Short | Binance IDUSDT | 0.03827 | 0.0100 | get 0.0050% / 4h | 1h 22m | $2.5M | $3.7M | 50x |
Bitget IDUSDT
Binance IDUSDTFunding 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
- −$16.38
- Price spread: −0.104% → −0.122%
- $1.75
- Slippage, 4 orders
- −$59.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.29
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 38 min ago; Binance: live order book, 14 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, 38 min ago | 3.97 bp | 21.4 bp −$21 | 135.5 bp −$1,355 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.32 bp | 22.2 bp −$22 | 78.9 bp −$789 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03823 | −0.214% | $9K | $147 | 5x | as long as short |
| Binance IDUSDTshort | +0.0100% | 4h | 0.03827 | −0.104% | $2.5M | $3.7M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03829 | −0.052% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03825 | −0.157% | $252K | $242K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03824 | −0.183% | $378K | $197K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03819 | −0.313% | $1.1M | $63K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03808 | −0.595% | $12K | $20K | — | as long as short |
| BloFin ID-USDT | +0.0129% | 4h | 0.03817 | −0.365% | $161K | $12K | 50x | as long as short |
| BingX ID-USDT | +0.0146% | 4h | 0.03828 | −0.078% | — | $2.3M | — | as long as short |
| Bitget IDUSDTlong | +0.0178% | 4h | 0.03831 | long leg | $824K | $639K | 50x |
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BloFin ID-USDT
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0621% | 1h | 0.03821 | −0.271% | $4K | $3K | 10x | as long as short |
Kraken Futures PF_IDUSD