Funding you earn now, next payment 04:00 UTC+0.0083%/8h= +9.1% APRnext payment +$0.42 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Binance+0.067%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$680.678% of the position
Funding, last 7 days+0.456%+$46 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.067%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.066% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread 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 | Binance IOSTUSDT | 0.0008968 | −0.2135 | get 0.1068% / 4h | 2h 09m | $5.8M | $16.2M | 50x |
| Short | Bitget IOSTUSDT | 0.0008974 | −0.2052 | pay 0.1026% / 4h | 2h 09m | $634K | $2.2M | 25x |
Binance IOSTUSDT
Bitget IOSTUSDTFunding 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
- $17.5
- Price spread: +0.067% → +0.001%
- $6.58
- Slippage, 4 orders
- −$45.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$43.7
- Costs to cover
- 0.678%
- Break-even
- 24.5 days
Slippage from Binance: live order book, 16 min ago; Bitget: 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 Binance live order book, 16 min ago | 0.55 bp | 14.0 bp −$14 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.66 bp | 18.5 bp −$19 | 73.3 bp −$733 | doesn't fit | doesn't fit |
IOST 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDT | −0.3587% | 8h | 0.0008970 | +0.022% | $1.9M | $2.1M | 25x | as long as short |
| OKX IOST-USDT-SWAP | −0.2263% | 4h | 0.0008971 | +0.033% | $1.6M | $4.0M | 10x | as long as short |
| Binance IOSTUSDTlong | −0.2135% | 4h | 0.0008968 | long leg | $5.8M | $16.2M | 50x | |
| MEXC IOST_USDT | −0.2116% | 4h | 0.0008976 | +0.089% | $2.0M | $450K | 50x | as long as short |
| Bitget IOSTUSDTshort | −0.2052% | 4h | 0.0008974 | +0.067% | $634K | $2.2M | 25x | |
| Variational Omni IOST | −0.1419% | 8h | 0.0009016 | +0.534% | $10K | $6K | — | as long as short |
| Gate IOST_USDT | −0.1132% | 4h | 0.0008970 | +0.022% | $734K | $482K | 25x | as long as short |
| BingX IOST-USDT | −0.0732% | 4h | 0.0008976 | +0.089% | — | $2.5M | — | as long as short |
Bybit IOSTUSDT
OKX IOST-USDT-SWAP
MEXC IOST_USDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT