Funding you earn now, next payment 04:00 UTC−0.0207%/8h= −22.7% APRnext payment −$1.04 per $10,000 · paid last 24h −0.020%
Price spread now: Bitget against Binance−0.084%7-day average −0.202% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2072.074% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 7 days−0.169%−$17 · spread now −0.084%, 7d avg −0.202%
=The price spread pays, funding is against you. Bitget is 0.118% dearer against Binance than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.202%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 7 days (−0.128% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDOLUSDT | 0.01194 | 0.0307 | pay 0.0154% / 4h | 1h 18m | $6.0M | $1.3M | 25x |
| Short | Bitget IDOLUSDT | 0.01193 | 0.0100 | get 0.0050% / 4h | 1h 18m | $2.5M | $95K | 10x |
Binance IDOLUSDT
Bitget IDOLUSDTFunding 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
- −$43.49
- Price spread: −0.084% → −0.202%
- $11.83
- Slippage, 4 orders
- −$185.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$239.02
- Costs to cover
- 2.074%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bitget: live order book, 4 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, 5 min ago | 4.18 bp | 44.9 bp −$45 | 228.1 bp −$2,281 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 12.57 bp | 56.4 bp −$56 | 413.5 bp −$4,135 | doesn't fit | doesn't fit |
IDOL on 8 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 IDOLUSDT | +0.0100% | 4h | 0.01191 | −0.257% | $137K | $3K | 5x | as long as short |
| Gate IDOL_USDT | +0.0100% | 4h | 0.01189 | −0.394% | $561K | $24K | 10x | as long as short |
| KuCoin IDOLUSDTM | +0.0100% | 4h | 0.01196 | +0.168% | $712K | $21K | 25x | as long as short |
| Bitget IDOLUSDTshort | +0.0100% | 4h | 0.01193 | −0.084% | $2.5M | $95K | 10x | |
| Variational Omni IDOL | +0.0100% | 4h | 0.01195 | +0.064% | $3K | $1 | — | as long as short |
| BingX IDOL-USDT | +0.0284% | 4h | 0.01194 | 0.000% | — | $2.3M | — | as long as short |
| MEXC IDOL_USDT | +0.0294% | 4h | 0.01194 | 0.000% | $87K | $87K | 50x | as long as short |
| Binance IDOLUSDTlong | +0.0307% | 4h | 0.01194 | long leg | $6.0M | $1.3M | 25x |
Aster IDOLUSDT
Gate IDOL_USDT
KuCoin IDOLUSDTM
Variational Omni IDOL
BingX IDOL-USDT
MEXC IDOL_USDT